Conagra posts a marginal profit beat in Q2 after incurring a $968M impairment (CAG:NYSE)
Core Insights - Conagra Brands reported in-line revenue for Q2, with a slight profit beat and reaffirmed its full-year outlook [2] Segment Performance - The Grocery & Snacks segment experienced a decline of 8.5%, with net sales reaching $1.2 billion [2] - The Refrigerated & Frozen segment also saw a decrease, although specific figures were not provided in the excerpt [2]