Conagra Lowers FY25 EPS Guidance Despite Q2 Earnings & Sales Beat
Conagra(CAG) ZACKS·2024-12-19 16:51
Conagra Brands, Inc. (CAG) posted second-quarter fiscal 2025 results, wherein the top and bottom lines beat the Zacks Consensus Estimate while declining year over year. Despite a difficult consumer landscape, Conagra’s results were driven by strategic investments that delivered robust market share gains. Although momentum remains strong, management anticipates greater-than-expected inflation and adverse foreign exchange rates in fiscal 2025, prompting a revision to its fiscal 2025 guidance.CAG’s Quarterly P ...