Profile: Conagra Brands Inc (CAG)
22 Jul 2019
Conagra Brands, Inc., formerly ConAgra Foods, Inc., incorporated on December 5, 1975, 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. Its 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.
The Company's Consumer Foods segment includes branded food sold in various retail channels primarily in North America. Its food products are sold in a range of categories (meals, entrees, condiments, pasta, sides, snacks and desserts) in various retail channels across frozen, refrigerated and shelf-stable temperature classes. Its brands include ACT II, Banquet, Blue Bonnet, Chef Boyardee, DAVID, Egg Beaters, Healthy Choice, Hebrew National, Hunt's, Marie Callender's, Orville Redenbacher's, PAM, Peter Pan, Reddi-wip, Slim Jim, Snack Pack, Swiss Miss and Van Camp's. The Company under the Consumer Foods segment has operations in Chicago, Illinois, and Omaha, Nebraska. It also operates in Canada, China, Columbia, Mexico and Panama.
As of July 15, 2016, the Company had 27 domestic manufacturing facilities located in Arkansas, California, Georgia, Indiana, Illinois, Iowa, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, Ohio, Pennsylvania, Tennessee and Wisconsin. It also has international manufacturing facilities in Argentina, Canada, Italy and Mexico, and interests in ownership of international manufacturing facilities in India, Mexico and the Philippines.
The Company's Commercial Foods segment includes commercially branded food, which are sold to commercial, foodservice, restaurant, food manufacturing and industrial customers. The segment's primary food items include a range of vegetable, spice and frozen bakery goods, which are sold under brands, such as Spicetec Flavors & Seasonings. The Company under the Commercial Foods segment has operations in Omaha, Nebraska; Eagle, Idaho; North Liberty, Iowa, and Tri-Cities, Washington. It also operates in China, Japan, the Netherlands and Singapore.
As of July 15, 2016, the Company had 19 domestic manufacturing facilities located in Idaho, Illinois, Kentucky, Louisiana, New Jersey, Oregon, Tennessee and Washington. It also has international manufacturing facilities in Canada and China; interests in ownership of domestic manufacturing facilities located in Minnesota and Washington, and interests in ownership of international manufacturing facilities located in Austria, the Netherlands and the United Kingdom.
Conagra Brands Inc
222 Merchandise Mart Plz Ste 130
CHICAGO IL 60654-1103
Company Web Links
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- UPDATE 4-Conagra misses estimates as rivals step up promotions, cut prices
- Conagra sales miss estimates; shares drop
- UPDATE 3-Conagra tops profit estimates, signals improvement at Pinnacle
- Conagra profit tops on price-hike boost; shares rise