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0.000372300819061728 -0.000558451228592724 -0.000558451228592724 0.000558451228592592 0.0018615040953089 0.00428145941921066 0.00388682055100515 0.00260610573343249
Stock impact report

ConAgra Brands Stock Slips After Lowering FY25 Earnings Outlook, CEO Cautions Of Headwinds Ahead [Yahoo! Finance]

ConAgra Brands, Inc. (CAG) 
Last conagra brands, inc. earnings: 3/31 07:28 am Check Earnings Report
US:NYSE Investor Relations: conagrabrands.com/investor-relations
Company Research Source: Yahoo! Finance
ConAgra Brands, Inc. (NYSE: CAG ) shares are trading slightly lower in the morning session on Thursday. The company reported second-quarter adjusted earnings per share of 70 cents, beating the analyst consensus estimate of 67 cents. Quarterly sales of $3.195 billion, beating the street view of $3.149 billion. The results show a 0.4% decrease in net sales, with organic net sales up by 0.3%. The 0.3% increase in organic net sales was driven by a 0.1% negative impact from price/mix and a 0.4% increase in volume. Net sales for the Grocery & Snacks segment increased 2.0% to $1.3 billion, reported and organic net sales for the Refrigerated & Frozen segment were flat at $1.3 billion, net sales for the International segment decreased 12.9% to $243 million, and sales for the Foodservice segment decreased 0.9% to $292 million. The reported operating margin fell to 12.6%, down by 138 basis points, while the adjusted operating margin decreased to 15.3%, a 57 basis point drop. Also Re Show less Read more
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