Why Conagra Brands Stock Jumped Today
Conagra(CAG) The Motley Fool·2024-04-04 22:06The packaged foods company delivered slightly better-than-expected quarterly results.Shares of Conagra Brands (CAG 5.44%) climbed 5.4% on Thursday after the consumer packaged goods company announced stronger-than-expected quarterly results before the opening bell.On Conagra's better-than-feared quarterIn its fiscal 2024 third quarter, which ended Feb. 25, Conagra Brands' net sales declined 1.7% year over year to $3.03 billion, including a 0.3% tailwind from currency exchange rate moves and a 2% organic sale ...