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Conagra Brands (CAG) Stock News

CAG NYSE

Conagra Brands, Inc. reports news on a North American branded packaged food business with products across frozen meals, vegetables, snacks, shelf-stable staples, refrigerated foods and foodservice channels. Its portfolio includes brands such as Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, Banquet, Hunt's, Vlasic, Orville Redenbacher's and Wish-Bone.

Recurring company updates cover quarterly earnings, organic net sales, margins, guidance, dividends, product innovation and portfolio activity. Governance-related news also includes board composition, executive leadership matters and corporate policies affecting the public company.

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Conagra Brands (CAG) is showcasing its snacks portfolio at the 2026 NACS Show in Las Vegas from October 6–9. Attendees at the Las Vegas Convention Center can sample products from its $3.3 billion snacks portfolio, including Slim Jim meat sticks and DAVID sunflower seeds.

The lineup includes new Slim Jim Cheese Mode sticks with a suggested retail price of $3.99 per stick. Slim Jim Sriracha is scheduled to be available this fall at $1.99 per stick. BiGS is showcasing upcoming Pickle Ranch and Spicy Sweet Chili Triple Blast sunflower seeds, with a suggested retail price of $2.59 per 5 oz. bag. DAVID Nacho Cheese sunflower seeds will debut in a new 5.25 oz. bag later this year, expected to carry a suggested price of $2.29. Duke's Maple Black Pepper sausages are also coming to stores nationwide soon.

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Conagra Brands (NYSE: CAG) reported higher fiscal 2027 first-quarter earnings despite lower sales and reaffirmed its full-year financial guidance. For the quarter ended August 30, 2026, net sales fell 1.4% to $2.6 billion, while organic sales, excluding acquisition, divestiture and currency effects, fell 1.1%. Net income rose 6.0% to $174 million; diluted earnings per share increased 5.9% to $0.36. Adjusted earnings per share rose 5.1% to $0.41.

Gross margin fell 50 basis points to 23.8%. Grocery & Snacks and Refrigerated & Frozen sales declined, while International and Foodservice sales increased. Free cash flow was negative $128 million, and net debt fell 2.5% year over year to $7.4 billion. Conagra reaffirmed fiscal 2027 expectations for organic sales to decline 1%–3% versus fiscal 2026, adjusted operating margin of 10.0%–10.5%, and adjusted earnings per share of $1.40–$1.50.

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Conagra Brands (CAG) Foundation awarded $350,000 through its 2026 Nourish Our Community grants to local nonprofit organizations.

The funding goes to 21 organizations across 12 states for programs focused on food access, nutrition education, healthy lifestyles and urban agriculture. Employees nominate organizations, and an employee committee selects the recipients.

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Conagra Brands (CAG) approved a quarterly dividend of $0.175 per common share, payable December 3, 2026.

Shareholders of record at the close of business on November 5, 2026, will receive the payment. Conagra has paid consecutive quarterly dividends since January 1976.

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Conagra Brands (CAG) released its 2026 Future of Snacking report detailing how U.S. consumers are reshaping the $198.2 billion snacking market.

The report identifies three main forces: bold flavors, functional benefits and “permissible indulgence.” Elevated comfort flavors such as chocolate peanut butter and cinnamon bun grew 6.4%, while sweet-heat profiles like chili lime and sweet chili reach about $1 billion and $400 million in annual sales, respectively. Functional snacks offering benefits such as protein, energy, digestion and hydration generated $19 billion in sales, up 12.7% year over year, with high-protein snacks at $12.1 billion.

Snacks with recognizable ingredients and simpler formulations account for about $69.4 billion in sales, and items with specific nutrition cues such as lower sugar or calories add another $71.7 billion. Products containing avocado oil grew volume 82% over three years, while grass-fed meat snacks reached roughly $720 million in annual sales. The findings draw on more than 53 million transactions across 17,000 products plus additional behavioral and digital data.

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Conagra Brands (CAG), through its Slim Jim brand, set a new Guinness World Records title on September 9, 2026 for the World's Longest Meat Snack Stick at 429 feet 5 inches.

The record-setting Slim Jim, certified in Omaha by a Guinness World Records adjudicator, measured about 143 yards, weighed nearly 70 pounds and surpassed the prior 314-foot record from 2023. An 11-person Conagra team began work in June 2025, using the iconic Slim Jim recipe to preserve the product's trademark snap. Alongside the record attempt, Slim Jim highlighted its new Cheese Mode sticks, available in Cheddar and Cheddar & Jalapeño flavors, each delivering 10g of protein per stick.

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Conagra Brands (NYSE: CAG) has launched Banquet MEGA Crispy Chicken Tenders, a frozen chicken product available in Original and Spicy varieties, each serving providing 16g of protein. The tenders target growing U.S. demand for convenient, high-protein meals, especially among Gen Z consumers.

The product comes in a 22 oz bag with approximately 11 tenders and a suggested retail price of $7.49. Conagra highlights category data, including $1.8 billion in annual retail sales for frozen chicken tenders and strips and 13% three-year compound annual dollar growth, as well as strong household penetration for frozen prepared chicken.

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Conagra Brands (NYSE: CAG) will release its fiscal 2027 first quarter earnings on Wednesday, September 30, 2026. A press release, supplemental materials, and pre-recorded remarks will be available that morning, followed by a live Q&A at 9:30 a.m. ET with the investment community.

Investors can access the remarks, transcript, slides, press release, and live audio Q&A via the investor relations section of conagrabrands.com, or join the call by dialing the provided U.S. and international phone numbers with passcode 7690130.

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Conagra Brands (NYSE: CAG) announced a new partnership with Peanuts to launch a limited-edition collection of Duncan Hines baking mixes and Swiss Miss hot cocoa featuring Snoopy, Charlie Brown and other Peanuts characters, arriving in stores beginning August 2026.

The Duncan Hines Peanuts baking line includes themed blondie bars, cookies, Bundt cake, cupcakes, brownies and a snowball cookie kit, with suggested retail prices from $2.49 to $5.49 and availability through the 2026 holiday season. Swiss Miss adds Peanuts-branded cocoa gift sets, collectible tins, ornaments and seasonal peppermint cocoa, priced from $1.79 to $9.99, positioned as holiday gifts and stocking stuffers.

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Conagra Brands (NYSE: CAG) appointed Amy Held as executive vice president and chief administrative officer, a newly created role effective September 14, 2026. She will oversee human resources and corporate communications, serve as chief of staff, and report directly to president and CEO John Brase.

Conagra also announced the planned retirement of Charisse Brock, executive vice president and chief human resources officer, in October after 20 years, and the departure of Jon Harris, executive vice president and chief networking officer, in September. Held previously held senior leadership roles at The Simply Good Foods Company and The J.M. Smucker Company. Conagra reported fiscal 2026 net sales of over $11 billion.

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FAQ

What is the current stock price of Conagra Brands (CAG)?

Conagra Brands (CAG) last closed at $14.58.

What is the market cap of Conagra Brands (CAG)?

The market cap of Conagra Brands (CAG) is approximately $7.0B.