Consumer packaged goods giant Conagra (CAG, Financial) is facing significant backlash today after missing earnings expectations due to a larger-than-expected year-over-year sales decline in Q1. Known for brands like Slim Jim and Vlasic, Conagra had warned that FY25 would be a transitional year, but the company hasn't missed top and bottom-line estimates since Q3 2020, making today's results particularly surprising. What happened? Conagra experienced a manufacturing disruption, halting production at its Hebr ...

Conagra Brands (CAG) reported $2.79 billion in revenue for the quarter ended August 2024, representing a year-over-year decline of 3.8%. EPS of $0.53 for the same period compares to $0.66 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.84 billion, representing a surprise of -1.57%. The company delivered an EPS surprise of -10.17%, with the consensus EPS estimate being $0.59.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...

CONAGRA • B R A N D S • FY25 Q1 Earnings Presentation October 2, 2024 1 Legal Disclosure Note on Forward-Looking Statements This document contains forward-looking statements within the meaning of the federal securities laws. Examples of forward-looking statements include statements regarding the company's expected future financial performance or position, results of operations, business strategy, plans and objectives of management for future operations, and other statements that are not historical facts. Yo ...

Conagra Brands (CAG) came out with quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.17%. A quarter ago, it was expected that this company would post earnings of $0.56 per share when it actually produced earnings of $0.61, delivering a surprise of 8.93%.Over the last four quarters, the company ha ...

Exhibit 99.1 News Release For more information, please contact: MEDIA: Mike Cummins 312-549-5257 Michael.Cummins@conagra.com INVESTORS: Melissa Napier 312-549-5738 IR@conagra.com F O R I M M E D I A T E R E L E A S E CONAGRA BRANDS REPORTS FIRST QUARTER RESULTS CHICAGO, October 2, 2024 — Today Conagra Brands, Inc. (NYSE: CAG) reported results for the first quarter of fiscal year 2025, which ended on August 25, 2024. All comparisons are against the prior-year fiscal period, unless otherwise noted. Highlights ...

CHICAGO, Oct. 2, 2024 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the first quarter of fiscal year 2025, which ended on August 25, 2024. All comparisons are against the prior-year fiscal period, unless otherwise noted.HighlightsReported net sales decreased 3.8%; organic net sales decreased 3.5%.Reported operating margin was 14.4% representing a 247 basis point decrease. Adjusted operating margin was 14.2% representing a 244 basis point decrease.Reported diluted earnings per s ...

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CHICAGO, Oct. 1, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced that its Board of Directors approved a quarterly dividend payment of $0.35 per share of CAG common stock to be paid on November 27, 2024 to stockholders of record as of the close of business on October 31, 2024.  Conagra Brands, Inc. has paid consecutive quarterly dividends since January 1976.About Conagra BrandsConagra Brands, Inc. (NYSE: CAG), is one of North America's leading branded food companies. We combine a 100-ye ...

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Wall Street analysts expect Conagra Brands (CAG) to post quarterly earnings of $0.59 per share in its upcoming report, which indicates a year-over-year decline of 10.6%. Revenues are expected to be $2.84 billion, down 2.2% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveals its earnings, it is vital to tak ...