Welcome to our dedicated page for Conagra Brands news (Ticker: CAG), a resource for investors and traders seeking the latest updates and insights on Conagra Brands stock.
Conagra Brands, Inc. (NYSE: CAG) is one of North America's leading branded food companies, headquartered in Chicago and active across frozen foods, grocery items, snacks, and foodservice channels. The CAG news feed on Stock Titan brings together company-issued announcements, financial updates, and industry-focused insights that help investors and observers follow developments at this large packaged food manufacturer.
News about Conagra Brands frequently covers quarterly earnings results, including reported and organic net sales, operating margins, and segment performance for Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. These releases often discuss factors such as cost of goods sold inflation, productivity initiatives, portfolio reshaping, and changes in net debt and leverage, providing context for the company’s financial trajectory and capital allocation.
Conagra also issues news on dividend declarations, highlighting its long history of consecutive quarterly dividend payments since January 1976. Additional items include announcements of upcoming earnings release dates, participation in investor conferences, and leadership changes disclosed via Form 8-K, such as appointments or departures of senior finance and accounting executives.
Beyond financials and governance, Conagra’s news flow includes brand and category updates. Examples include its Future of Frozen Food 2026 report, which outlines data-driven trends in the U.S. frozen food market, and coverage of its snacks portfolio at industry events like the NACS Expo, where the company showcases meat snacks, seeds, and salty snacks under brands such as Slim Jim, DAVID, BIGS, Angie's BOOMCHICKAPOP, and others.
By following the CAG news page, users can review a consolidated stream of Conagra’s press releases and related updates, from earnings and dividends to category insights and portfolio highlights.
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Slim Jim, a leading protein snack brand, has launched Doge-themed merchandise in partnership with DogeDrip, a startup from the Dogecoin community. The collection includes limited-edition t-shirts and a baseball cap, available for purchase using cryptocurrency or cash. The shirts are priced at $24.69, and the cap at $21.69. This move follows Slim Jim's successful first NFT charity auction that raised $26,000 for World Central Kitchen. The collaboration highlights Slim Jim's innovative approach in the crypto space, appealing to its meme-loving fanbase.
Conagra Brands reported a 1.0% decrease in net sales for Q1 FY 2022, totaling $2.7 billion. Organic net sales fell 0.4%, impacted by a 2.0% volume decrease due to lapping prior year's COVID-19 demand surge. Adjusted diluted EPS dropped 28.6% to $0.50. Despite these declines, the company anticipates organic net sales growth of approximately 1%, up from flat guidance, driven by sustained consumer demand. Gross inflation is now projected at 11%. The CEO expressed confidence in the company's strategy to navigate inflation and leverage consumer shifts.
Conagra Brands (NYSE: CAG) returns to the 2021 NACS Show in Chicago, showcasing its $2.7 billion snacking portfolio. The company highlights new products, including a spicy Slim Jim Savage, a cheese variant, and BiGS sunflower seeds in collaboration with Little Caesars. ACT II launches Butter Lovers ready-to-eat popcorn, while Andy Capp’s introduces Hot Beer Battered Onion Rings. Conagra aims to enhance in-store strategies for retailers, focusing on product visibility and merchandising solutions to drive impulse purchases.
Conagra Brands, Inc. (NYSE: CAG) has declared a quarterly dividend of $0.3125 per share, to be paid on December 1, 2021. Stockholders of record as of the close of business on November 1, 2021 will receive this payment. This decision underscores the company's commitment to returning value to its shareholders while continuing to adapt its portfolio to meet evolving consumer preferences.
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On Sept. 17, 2021, Conagra Brands Foundation announced $350,000 in grants through its "Nourish Our Community" program, aimed at combating food insecurity. The funds will be distributed among 17 nonprofits across the U.S. The program empowers employees to nominate local organizations addressing issues like domestic hunger, nutrition education, and urban agriculture. Robert Rizzo, Senior Director of the Foundation, emphasized the importance of these community partnerships in alleviating hunger, impacting millions of Americans daily.
Conagra Brands (CAG) announced a webcast and conference call scheduled for October 7, 2021, to discuss its fiscal 2022 first quarter results. The earnings release will be available at 7:30 a.m. ET, with the call starting at 9:30 a.m. ET. Investors can access the call by dialing 1-877-883-0383 (U.S.) or 1-412-902-6506 (international). The company's website will host the live audio and presentation slides, and a replay will be available until October 7, 2022.
On July 26, 2021, Conagra Brands (NYSE: CAG) announced the appointment of Fran Horowitz to its board of directors, effective August 2, 2021, expanding the board to 12 members. Chairman Richard H. Lenny emphasized that Horowitz's extensive experience in building consumer brands will benefit the company and its shareholders. Fran Horowitz, currently CEO of Abercrombie & Fitch Co., expressed her enthusiasm to contribute to Conagra's growth, reinforcing the company's commitment to innovation and consumer focus.
Conagra Brands (CAG) reported its Q4 and full-year 2021 results, revealing a 16.7% decline in net sales and a 10.1% drop in organic sales due to last year’s pandemic-related surge. Despite these challenges, diluted EPS rose 56.1% to $0.64. For the full year, net sales increased 1.2%, and diluted EPS reached $2.66, a 54.7% increase. The company anticipates flat organic sales growth for FY 2022, alongside an adjusted operating margin near 16%. Conagra's board approved a 14% dividend increase, reflecting confidence in business strength.