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Conagra Brands Reports Strong First Quarter Results
Conagra Brands Increases Quarterly Cash Dividend By 29%
Conagra Brands Inc Says Board Approved A Quarterly Dividend Payment Of $0.2125 Per Share
Conagra Brands, Inc., formerly ConAgra Foods, Inc., operates as a packaged food company. The Company operates through two segments: Consumer Foods and Commercial Foods. The Company sells branded and customized food products, as well as commercially branded foods. It also supplies vegetable, spice and grain products to a range of restaurants, foodservice operators and commercial customers. Conagra Foodservice offers products to restaurants, retailers, commercial customers and other foodservice suppliers. The Company also operates in the countries outside the United States, such as Canada and Mexico. The Company's brands include Marie Callender's, Healthy Choice, Slim Jim, Hebrew National, Orville Redenbacher's, Peter Pan, Reddi-wip, PAM, Snack Pack, Banquet, Chef Boyardee, Egg Beaters, Rosarita, Fleischmann's and Hunt's. The Company sells its products in grocery, convenience, mass merchandise and club stores.
222 Merchandise Mart Plz Ste 1300
Richard H. Lenny
Non-Executive Independent Chairman of the Board
Sean M. Connolly
President, Chief Executive Officer, Director
David S. Marberger
Chief Financial Officer, Executive Vice President
Thomas M. McGough
Co-Chief Operating Officer, Executive Vice President
Darren C. Serrao
Co-Chief Operating Officer, Executive Vice President
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Conagra Brands Inc <CAG.N> put better-than-expected first quarter sales on Thursday down to heavy ordering by retailers worried about the durability of supply chains in the months ahead as a second wave of coronavirus cases takes hold.
Conagra Brands Inc on Thursday reported better-than-expected profit and sales, as coronavirus-induced at-home eating trends boosted demand for its frozen vegetables and ready-to-eat meals.
Conagra Brands Inc <CAG.N> on Tuesday forecast current-quarter profit above estimates after reporting strong fourth-quarter results as coronavirus-led lockdowns fueled demand for its frozen foods and snacks, sending the company's shares up 4%.
Conagra Brands Inc said on Tuesday it expected current-quarter organic net sales to rise 10% to 13%, following a 25.8% increase in fourth-quarter net sales, as consumers stocked up on packaged foods during the coronavirus-led lockdowns.
Conagra Brands Inc must face a proposed class action alleging the label for its Wesson brand of vegetable oil deceptively marketed it as "100% Natural" despite containing genetically modified organisms, a federal appeals court has ruled.
Conagra Brands Inc <CAG.N> raised its financial expectations for 2020 on Tuesday as consumers swarm stores to pick shelves clean of food items and essentials due to the lockdowns imposed across the United States to stop the spread of the coronavirus.
Conagra Brands Inc forecast fiscal 2020 organic net sales and earnings to be above the high end of its previous range on increased demand for its snacks and groceries amid the coronavirus pandemic.
Conagra Brands Inc <CAG.N> beat Wall Street's second-quarter profit and sales estimates on Thursday, benefiting from strong demand for the packaged food maker's snacks and frozen foods, pushing its shares up 18% and setting them up for their best day ever.
Conagra Brands Inc's quarterly sales topped Wall Street estimates on Thursday, helped by strong demand for the packaged food maker's snacks and frozen foods, sending its shares up about 7% in premarket trading.
Conagra Brands Inc <CAG.N> beat Wall Street estimates for quarterly profit on Thursday, boosted by last year's purchase of Pinnacle Foods and strong demand for the packaged food maker's frozen food brands, sending its shares up 6%. Pinnacle is the biggest of a handful of...
Conagra Brands Inc reported a 30.3% rise in quarterly sales on Thursday, citing strong demand for frozen food brands including Banquet, Healthy Choice and Reddi-Wip.
Conagra Brands Inc's <CAG.N> on Thursday missed Wall Street estimates for quarterly earnings and sales as low prices and aggressive store promotions by rival food makers ate into demand for Marie Callender's, Hunt's and Chef Boyardee products.
Conagra Brands Inc's quarterly sales fell short of analysts' estimates on Thursday, as the packaged foods company was hurt by weak demand for groceries and snacks, especially in its Hunt's and Chef Boyardee businesses.
Conagra Brands Inc's quarterly profit beat Wall Street estimates on Thursday, as the Reddi-wip and Slim Jim beef jerky maker raised prices to make up for higher transportation and commodity costs, sending shares up 7 percent before the bell.
Conagra Brands Inc on Thursday reported a better-than-expected profit for the third quarter, as it raised prices to offset transportation and commodity costs.
Conagra Brands Inc <CAG.N> forecast full-year adjusted profit below Wall Street expectations and hinted underperformance of some of the brands it bought as part of its Pinnacle Foods acquisition was hurting business, sending shares down as much as 12 percent.
Canada's biggest grain handler, Richardson International Ltd, said on Tuesday that it had agreed to buy Wesson, a retail brand of canola and vegetable oils, from Conagra Brands Inc <CAG.N>.
Canada's biggest grain handler, Richardson International Ltd, said on Tuesday that it had agreed to buy Wesson, a retail brand of canola and vegetable oils, from Conagra Brands Inc.
U.S. health regulators said https://www.fda.gov/Food/RecallsOutbreaksEmergencies/Outbreaks/ucm625148.htm?utm_campaign=CFSAN%20Outbreak%3A%20Duncan%20Hines%20Cake%20Mixes%20Potentially%20Linked%20to%20Salmonella%20Agbeni%20Illnesses&utm_medium=email&utm_source=Eloqua on Wednesday...
Sales at Conagra Brands Inc <CAG.N> fell short of Wall Street estimates on Thursday as the packaged food company sold fewer products at full-price to restaurants and caterers, weakening profit and sending the company's shares lower.
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