Core Viewpoint - Conagra Brands has maintained its annual sales and profit forecasts despite challenges from pressured consumer spending and stiff competition affecting demand for its pantry staples [1] Group 1: Company Performance - Conagra Brands continues to project stable annual sales and profit forecasts, indicating confidence in its financial outlook [1] - The company faces challenges due to reduced consumer spending, which is impacting demand for its products [1] Group 2: Market Conditions - Stiff competition in the market is contributing to the pressure on demand for Conagra's pantry staples, such as Slim Jim meat snacks [1]

Conagra Brands beat Wall Street estimates for first-quarter sales on Wednesday, helped by resilient demand for its pantry staples such as Slim Jim meat snacks and Act II popcorn, even as inflation wei... ...