Conagra Brands Inc Stock Price, News & Analysis

Conagra Brands (NYSE: CAG) has announced its participation in the upcoming Goldman Sachs Global Staples Forum. The event will feature a fireside chat with key company executives on Tuesday, May 13.

Two top leaders will represent Conagra:

• Sean Connolly - President and Chief Executive Officer
• Dave Marberger - Executive Vice President and Chief Financial Officer

The discussion is scheduled to begin at 8:55 a.m. ET. Investors and interested parties can access a live video webcast through the company's investor relations website at conagrabrands.com/investor-relations under Events & Presentations. The webcast recording will remain available for replay until November 13, 2025.

Conagra Brands (NYSE: CAG) has released its 2024 Citizenship Report, highlighting initiatives across four focus areas: Good Food, Responsible Sourcing, Better Planet, and Stronger Communities. Key achievements include:

- 100% of production facilities achieved GFSI certification
- Over 71% of frozen meals and 85% of plant-based products met 'healthier' food thresholds
- Implemented regenerative agriculture practices reducing nitrogen use by 288,000 lbs
- Achieved 90% waste diversion rate across facilities
- Donated 24.5 million pounds of food to Feeding America

The company, which generated over $12 billion in fiscal 2024 net sales, demonstrated progress in sustainable practices, including 15% water reduction in tomato farming through drip irrigation and employee contribution of 12,000 volunteer hours across 180 nonprofit agencies.

Conagra Brands (NYSE: CAG) reported Q3 fiscal 2025 results with notable declines across key metrics. Net sales decreased 6.3% to $2.8 billion, with organic net sales down 5.2%. Operating margin fell to 8.4%, representing a 712 basis point decrease, while adjusted operating margin was 12.7%, down 369 basis points.

The company's diluted EPS dropped 53.1% to $0.30, and adjusted EPS declined 26.1% to $0.51. Despite these challenges, Conagra maintained its fiscal 2025 guidance, projecting organic net sales decline of approximately 2%, adjusted operating margin of 14.4%, and adjusted EPS of $2.35.

Performance was impacted by supply constraints in frozen meals containing chicken and frozen vegetable products. The company reported decreased sales across all segments: Grocery & Snacks (-3.2%), Refrigerated & Frozen (-7.2%), International (-17.6%), and Foodservice (-6.1%). Net debt stood at $8.1 billion, representing a 5.9% reduction versus the prior year.

Conagra Brands (NYSE: CAG) has announced its latest quarterly dividend payment. The Board of Directors approved a dividend of $0.35 per share of common stock, which will be paid on May 29, 2025 to stockholders of record as of April 28, 2025.

This announcement continues the company's long-standing tradition of dividend payments, which has remained unbroken since January 1976, demonstrating nearly 50 years of consistent quarterly distributions to shareholders.

Conagra Brands (NYSE: CAG) has partnered with Bloom Energy to implement fuel cell technology at its Troy and Archbold, Ohio production facilities through a 15-year power purchase agreement (PPA). The collaboration will deploy approximately six megawatts of power, covering 70-75% of the facilities' electricity needs while projecting a 19% reduction in greenhouse gas emissions.

Bloom's combustion-free fuel cells will provide sustainable and reliable electricity generation without releasing pollutants like nitrogen oxides, carbon monoxide, and particulate matter. This initiative supports Conagra's 2030 science-based greenhouse gas reduction targets.

Additionally, Conagra has established a $9 million Sustainability Capital Allowance program to support its facilities in achieving sustainability goals through supply chain modernization and environmental impact reduction.

Conagra Brands (NYSE: CAG) has announced it will release its fiscal 2025 third quarter financial results on Thursday, April 3, 2025. The company will provide a comprehensive earnings package including:

• Pre-recorded management remarks
• Press release and supplemental materials
• 30-minute live Q&A session with investors at 9:30 a.m. ET

All materials will be accessible via the company's investor relations website. Investors can join the live Q&A session through a conference call using specific dial-in numbers for U.S. and international participants.

Conagra Brands (NYSE: CAG) has updated its fiscal 2025 outlook due to customer service interruptions and foreign exchange headwinds. The company is experiencing supply constraints in two key product platforms: frozen meals containing chicken and frozen vegetables.

The updated guidance includes: organic net sales growth of approximately -2.0% (vs. previous -1.5% to flat), adjusted operating margin of ~14.4% (vs. previous 14.8%), adjusted EPS of ~$2.35 (vs. previous $2.45-$2.50), and net leverage ratio of ~3.55x (vs. previous 3.4x).

Manufacturing challenges at the primary chicken facility led to temporary production stops and slower restart pace. Strong demand in frozen vegetables nearly doubled through December and early January, depleting inventory and leading to product allocation and reduced merchandising through March 2025. The company is investing in increased surge capacity and facility upgrades, with completion expected by Q1 fiscal 2026.

Conagra Brands (NYSE: CAG) has announced its upcoming presentation at the 2025 CAGNY Conference scheduled for Tuesday, February 18, at 9 a.m. ET. The presentation will feature key executives including Sean Connolly (President and CEO), Dave Marberger (EVP and CFO), and Bob Nolan (SVP of Demand Science), who will discuss the company's business strategies and financial outlook.

The presentation will be accessible via video webcast on the company's investor relations website, with slides available for viewing. A replay option will be available until February 18, 2026.