Conagra Brands reported a 1.4% decline in first-quarter revenue to $2.6 billion, with organic net sales down 1.1%, causing shares to fall 4.6%. Despite the sales drop, adjusted earnings per share rose 5.1% to $0.41, beating analyst estimates of $0.28. Growth was seen in foodservice and international segments, while grocery & snacks and refrigerated & frozen sales declined. The company maintained its fiscal 2027 guidance, expecting adjusted EPS between $1.40 and $1.50 and organic net sales to decline between 1% and 3%.
Conagra Brands trades with a dividend yield of 4.95% and a market cap of $6.78 billion on Pluang as of Sep 30, 2026 22:11 WIB. The stock price is $13.43, down 4.89% on the day, closely aligning with the reported 4.6% share decline following the sales drop. Trading volume is active at over 14 million shares, with investors typically holding the stock for about 96 days, indicating moderate trading interest despite recent volatility.
Conagra Brands reported a 1.4% decline in net sales to $2.6 billion for Q1 FY27, driven by a 1.1% drop in organic sales. Despite this, adjusted EPS rose 5.1% to $0.41, supported by lower SG&A expenses and higher equity earnings. The company reaffirme...
Conagra Brands is set to report Q1 earnings with analysts forecasting a 1.4% revenue decline to about $2.59 billion due to weak consumer spending and inflation. Earnings per share are expected to drop 20.5% to $0.31, reflecting margin pressures and a...
Conagra Brands has reduced its dividend payout by 50% to accelerate deleveraging and manage ongoing margin pressures caused by inflation and competitive challenges. This move reflects concerns about the sustainability of previous dividend levels desp...
