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Conagra Brands Inc (CAG.N)

CAG.N on New York Stock Exchange

35.54USD
21 Nov 2017
Change (% chg)

$-0.23 (-0.64%)
Prev Close
$35.77
Open
$35.72
Day's High
$35.90
Day's Low
$35.42
Volume
531,839
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52-wk High
$41.67
52-wk Low
$32.16

Latest Key Developments (Source: Significant Developments)

Conagra completes $250 mln acquisition of Angie's Artisan Treats
Monday, 23 Oct 2017 03:58pm EDT 

Oct 23 (Reuters) - Conagra Brands Inc ::Says ‍completed acquisition of Angie's Artisan Treats LLC from TPG Growth for $250 million​.  Full Article

ConAgra Brands Inc Q1 EPS $0.36 from continuing operations
Thursday, 28 Sep 2017 07:28am EDT 

Sept 28 (Reuters) - ConAgra Brands Inc ::ConAgra Brands reports strong first quarter.Q1 earnings per share $0.36 from continuing operations.Qtrly ‍adjusted diluted EPS from continuing operations $0.46​.Qtrly net sales for refrigerated & frozen segment increased 2% to $616 million.Q1 net sales for grocery & snacks segment decreased 2% to $746 million.Qtrly ‍net sales for foodservice segment decreased 6% to $252 million​.Q1 earnings per share view $0.40 -- Thomson Reuters I/B/E/S.‍Reaffirms fiscal 2018 outlook​.‍Fiscal 2018 outlook includes expected results of Wesson Oil business for full fiscal year​.Qtrly ‍net sales $1,804.2 million versus $1,895.6​ million.FY2018 earnings per share view $1.86, revenue view $7.66 billion -- Thomson Reuters I/B/E/S.Q1 revenue view $1.79 billion -- Thomson Reuters I/B/E/S.Estimates incremental slotting fees for innovation launches negatively impacted q1 net sales growth by about 50 basis points.  Full Article

Conagra Brands enters agreement to buy Angie's Artisan Treats LLC
Friday, 22 Sep 2017 09:15am EDT 

Sept 22 (Reuters) - Conagra Brands Inc :Conagra Brands enters agreement to acquire Angie's Artisan Treats Llc, maker of Angie's Boomchickapop ready-to-eat popcorn, from TPG Growth.Conagra Brands Inc - ‍financial terms were not disclosed​.Conagra Brands Inc - ‍transaction is expected to close by end of calendar year​.  Full Article

Conagra Brands files for potential mixed shelf offering
Friday, 21 Jul 2017 05:40pm EDT 

July 21 (Reuters) - Conagra Brands Inc :Files for potential mixed shelf offering; size not disclosed - SEC filing.  Full Article

Conagra Brands announces quarterly dividend payment
Thursday, 20 Jul 2017 09:19am EDT 

July 20 (Reuters) - Conagra Brands Inc ::Conagra Brands announces quarterly dividend payment.Conagra Brands Inc - ‍board of directors approved a quarterly dividend payment of $0.2125 per share of CAG common stock​.  Full Article

Conagra qtrly adjusted earnings per share ‍$0.37​
Thursday, 29 Jun 2017 07:28am EDT 

June 29 (Reuters) - Conagra Brands Inc ::Conagra Brands' transformation continues with solid end to strong fiscal 2017.Conagra Brands Inc qtrly earnings per share from continuing operations ‍$0.36​.Conagra Brands Inc qtrly adjusted earnings per share ‍$0.37​.Q4 net sales $1,861.7 million versus $2,053.0‍​ million.Conagra Brands Inc - ‍in Q4, net sales for refrigerated & frozen segment decreased 5% to $640 million​.Conagra Brands Inc - ‍in Q4, net sales for foodservice segment decreased 5% to $267 million​.Conagra Brands Inc - ‍board has authorized an additional $1 billion of share repurchases​.Conagra Brands Inc - ‍in Q4, company reached its fiscal 2017 target of repurchasing $1 billion of common stock​.Says company is reiterating its three-year fiscal 2020 financial algorithm, which uses fiscal 2017 as the base year‍​.Sees fiscal 2018 reported net sales growth in the range of down 2 percent to flat‍​.Conagra Brands Inc - ‍sees adjusted gross margin of approximately 32% for full fiscal year 2020​.Sees fiscal 2018 organic net sales growth in the range of down 2% to flat.Conagra Brands Inc - sees ‍adjusted operating margin of approximately 16.5% for full fiscal year 2020​.Sees 2018 adjusted diluted EPS from continuing operations in the range of $1.84 to $1.89‍​.Q4 earnings per share view $0.37, revenue view $1.86 billion -- Thomson Reuters I/B/E/S.Fy2018 earnings per share view $1.88, revenue view $7.63 billion -- Thomson Reuters I/B/E/S.  Full Article

Conagra-Pinnacle Foods deal talks have ended, not expected to re-engage- CNBC, citing sources
Friday, 2 Jun 2017 09:40am EDT 

June 2 (Reuters) - :Conagra, Pinnacle talks have ended, not expected to re-engage after they were far apart on value -CNBC, citing sources.Conagra and Pinnacle Foods were unable to agree on a price - CNBC, citing source.  Full Article

J. M. Smucker company to acquire Wesson Oil Brand from Conagra Brands for about $285 mln
Tuesday, 30 May 2017 09:05am EDT 

May 30 (Reuters) - J M Smucker Co ::The J. M. Smucker company to acquire the Wesson® oil brand from Conagra Brands, Inc..J. M. Smucker co says all-cash transaction, which company will fund primarily with debt, is valued at approximately $285 million.J. M. Smucker co - company anticipates acquisition to add annual net sales of approximately $230 million.J. M. Smucker co - under terms of agreement, conagra will continue to manufacture products sold under wesson brand.J. M. Smucker co - annual cost synergies of approximately $20 million are expected to be fully realized within two years after closing.J. M. Smucker co - after transition period, company expects to consolidate wesson production into its existing oils manufacturing facility in Cincinnati, Ohio..J. M. Smucker co says transaction is expected to generate earnings about $30 million and contribute about $0.10 to company's adjusted eps in first fy after closing.  Full Article

Century Pacific Food to acquire the Hunt’s license for Philippines
Monday, 1 May 2017 09:16pm EDT 

May 2 (Reuters) - Century Pacific Food Inc :To acquire the Hunt’s license for Philippines.Co to purchase rights to manufacture, sell, and distribute Hunt’s branded products in Philippines from JV between Universal Robina and Conagra Foods.  Full Article

Compass Minerals names Patrick Linehan CFO
Tuesday, 28 Mar 2017 04:15pm EDT 

Compass Minerals International Inc : Compass Minerals names Patrick D. Linehan chief financial officer . Compass Minerals International Inc - Linehan most recently served as senior vice president, finance of Conagra's consumer brands business .Compass Minerals International Inc - appointment of Patrick "Doug" Linehan as company's chief financial officer effective April 3, 2017.  Full Article

BRIEF-Bloomin' Brands says to consider "perspectives" in Jana Partners' SEC filing

* Confirmed that Jana Partners Llc has filed a schedule 13D with Securities and Exchange Commission​