Company Overview - Conagra Brands, Inc. (CAG) is valued at a market cap of $8.5 billion and operates in the packaged food sector, manufacturing and distributing a variety of food products including frozen meals, snacks, and grocery staples [1] Earnings Expectations - The company is set to announce its fiscal Q2 earnings for 2026 on December 19, with analysts predicting a profit of $0.44 per share, which represents a 37.1% decrease from $0.70 per share in the same quarter last year [2] - For the current fiscal year ending in May 2026, analysts expect CAG to report a profit of $1.75 per share, down 23.9% from $2.30 per share in fiscal 2025, but anticipate a rebound to $1.86 per share in fiscal 2027, reflecting a year-over-year growth of 6.3% [3] Stock Performance - CAG's stock has declined by 35.7% over the past 52 weeks, underperforming the S&P 500 Index, which returned 11.1%, and the State Street Consumer Staples Select Sector SPDR ETF, which saw a 2.2% decrease [4] - On October 1, shares of CAG rose by 5.4% following better-than-expected Q1 results, despite an overall revenue decline of 5.8% year-over-year to $2.6 billion [5] Analyst Ratings - Wall Street analysts maintain a cautious stance on CAG's stock, with an overall "Hold" rating. Among 16 analysts, two recommend "Strong Buy," 12 suggest "Hold," one indicates "Moderate Sell," and one advises "Strong Sell" [6] - The mean price target for CAG is $20.07, indicating a potential upside of 12% from current levels [6]

Core Insights - General Mills, Inc. (NYSE:GIS) is recognized as one of the 10 Best Recession Proof Dividend Stocks to Buy [1] - The company has a long history, focusing solely on consumer foods since 1995, offering a diverse range of products [2] - General Mills' core brands are well-established and supported by significant advertising and innovation investments, reaching over 95% of US households [3] Financial Performance - The company has demonstrated strong pricing power with retailers, allowing it to manage inflation effectively [4] - In 2010, General Mills achieved record results, including higher sales, improved margins, profit growth across all segments, and solid cash flow [4] - General Mills has consistently paid dividends for 127 years, currently offering a quarterly dividend of $0.61 per share, resulting in a dividend yield of 4.87% as of September 26 [5]