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.
Conagra Brands (NYSE: CAG) is launching a variety of new food products this summer, focusing on meals and sides with enhanced flavor and quality. The portfolio includes keto-friendly options from Healthy Choice, mega pizzas from Banquet, and innovative dishes from Birds Eye and Gardein. Notable new offerings are Healthy Choice Zero Sesame Chicken with Zoodles and Gardein Ultimate Plant-Based Chick'n. This product expansion aims to meet the growing demand for convenient, flavorful, and plant-based foods, reflecting Conagra's commitment to innovation in the food market.
Conagra Brands (NYSE: CAG) announced it is accelerating its transition to 100% cage-free eggs, targeting completion by the end of fiscal year 2024, a year earlier than its original commitment of 2025. The company plans incremental increases in cage-free egg usage, aiming for 20% by the end of fiscal year 2021, 45-50% by 2022, and 60-70% by 2023. This initiative is in response to consumer demand for better animal treatment, emphasizing responsible animal welfare practices as essential for customers and investors.
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Conagra Brands, Inc. (NYSE: CAG) will hold a webcast and conference call on July 13, 2021, at 9:30 a.m. ET, to discuss its fiscal 2021 fourth quarter results. The earnings release will be available at approximately 7:30 a.m. ET.
Investors can access the live audio webcast at conagrabrands.com/investor-relations. The conference call can be joined by calling 1-877-883-0383 (U.S.) or 1-412-902-6506 (international), with the passcode 7112739.
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Conagra Brands (NYSE: CAG) has formed multi-year partnerships with the Thurgood Marshall College Fund and the Hispanic Scholarship Fund to support Black and Brown students. These partnerships will provide scholarships and additional resources to ensure equitable access to higher education. Conagra's commitment includes financial assistance and professional development for students, aiming to overcome barriers to education costs. The initiative is part of Conagra's broader diversity and inclusion strategy, focusing on enhancing representation within the company and cultivating future leaders.
Conagra Brands has appointed Alexandre "Ale" Eboli as the new executive vice president and chief supply chain officer, effective August 2, succeeding retiring Dave Biegger. Eboli brings 25 years of experience in global supply chain leadership, having previously led the North America supply chain for Unilever, overseeing a $10 billion footprint and 14 manufacturing facilities. His role at Conagra will encompass all aspects of the supply chain, including manufacturing, logistics, and procurement. Eboli aims to drive innovation and growth within the company.
On April 20, 2021, Gardein, a brand of Conagra Brands (NYSE: CAG), launched the "Plant-Based Double Take Challenge" in celebration of National Look Alike Day. The initiative encourages consumers to recreate their favorite meat dishes using Gardein products, featuring a collection of four new plant-based recipes created by the Potash Twins. Participants can enter the challenge until May 20 by sharing their creations on social media or through the Gardein website. This partnership aims to inspire a shift towards plant-based eating.
Conagra Brands, Inc. (NYSE: CAG) has announced a quarterly dividend payment of $0.275 per share, scheduled for June 2, 2021. This payment will benefit stockholders who are on record as of the close of business on April 30, 2021. This dividend reflects the company's commitment to returning value to its shareholders and is a testament to its stable financial performance amidst evolving consumer preferences.
Conagra Brands reported an 8.5% rise in third-quarter net sales to $2.8 billion, with organic net sales up 9.7%. Diluted EPS increased by 38.1% to $0.58, driven by a strong focus on retail segments due to elevated at-home consumption during COVID-19. The company repurchased 8.8 million shares for $298 million. However, fourth-quarter guidance indicates a decline in organic net sales by 10% to 12%. Overall, the company is optimistic about future growth and has reaffirmed its fiscal 2022 guidance.