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, Inc. (NYSE: CAG) will present at the 2021 CAGNY Conference on February 16, 2021, at 9:20 a.m. ET. CEO Sean Connolly and CFO Dave Marberger will discuss the company's business strategies and financial outlook. A video webcast and presentation slides will be available on conagrabrands.com/investor-relations, with a replay accessible until February 16, 2022. Conagra is a leading branded food company in North America, known for its innovative portfolio that includes well-known brands like Birds Eye®, Healthy Choice®, and Reddi-wip®.
Conagra Brands (NYSE: CAG) reported a strong Q2 FY2021, with net sales increasing by 6.2% to $3.0 billion. Organic net sales grew 8.1%, driven by consumer shifts toward at-home meals due to COVID-19. Adjusted EPS rose 28.6% to $0.81. The company reduced gross debt by $2.3 billion, achieving a Net Leverage Ratio of 3.6x, ahead of schedule. For Q3 FY2021, Conagra expects organic net sales growth between 6% and 8%. Despite this success, the Foodservice segment saw a 23.1% drop in sales due to lower restaurant traffic.
Duncan Hines, a brand under Conagra Brands (NYSE: CAG), is excited to announce the launch of its new EPIC Baking Kits. Available in five flavors, including Fruity PEBBLES™ Cake Kit and Salted Caramel Brownie Kit, these kits are designed for easy home baking in just four steps. The kits will hit grocery stores and online retailers in March 2021, priced at $5.49 each. This initiative aims to tap into the growing trend of baking at home and celebrate the 50th anniversary of PEBBLES cereal.
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Conagra Brands (NYSE: CAG) announced the appointment of Manny Chirico to its board of directors, effective February 1, 2021, increasing the board size to 11 members. Chirico, currently the CEO of PVH Corp., has over 25 years of experience and a strong focus on consumer brands and corporate culture. His addition is expected to enhance value for shareholders. Conagra Brands is recognized for its diverse portfolio of iconic food brands and aims to innovate for changing consumer preferences.
Conagra Brands, Inc. (NYSE: CAG) has declared a quarterly dividend of $0.275 per share, payable on March 3, 2021. This dividend will benefit stockholders of record as of January 29, 2021. Conagra, a leading branded food company in North America, focuses on innovation and evolving its portfolio to meet changing consumer preferences. The announcement underscores the company's commitment to returning value to its shareholders while continuing to adapt to market demands.
Conagra Brands, Inc. (NYSE: CAG) will hold a webcast and conference call on January 7, 2021, at 9:30 a.m. ET to discuss its fiscal 2021 second quarter results. A news release will be issued at 7:30 a.m. ET. The conference call can be accessed at 1-877-883-0383 for U.S. participants or 1-412-902-6506 for international participants, using passcode 6391339. A replay will be available until January 7, 2022. For details, visit their investor relations page.
Conagra Brands, Inc. (NYSE: CAG) has partnered with Chance the Rapper's nonprofit, SocialWorks, to launch a food packaging design mentorship program for Chicago high school students. This initiative aims to enhance artistic skills while developing a Duncan Hines Holiday Baking Kit Box featuring artwork by local student Devin Brown. The kit is now available on Amazon. Conagra has committed $300,000 to support SocialWorks and has a history of contributing to Chicago Public Schools through its New Chance Fund, impacting over 6,800 students.
On November 13, 2020, Conagra Brands celebrated America Recycles Day by recognizing eight facilities in the U.S. and Mexico that achieved Zero Waste Champion status for diverting over 95% of waste from landfills. These efforts contributed to an 84% companywide waste diversion rate for the fiscal year 2020. Conagra continues to implement strategic measures to enhance recycling initiatives and encourages innovative waste management solutions, reflecting its commitment to environmental responsibility.
Conagra Brands (NYSE: CAG) announces the return of Famous Queso as a seasonal favorite, providing new recipes to enjoy it in smaller gatherings during 2020. RO*TEL, VELVEETA, and ReadySetEat.com emphasize versatility with recipes such as Chicken Queso Soup, Crunchy Breakfast Queso Wraps, and Pretzel Knots with Beer Queso. Conagra aims to adapt to changing consumer preferences, promoting comfort food suitable for any occasion. Brett Castle, brand director, highlights the importance of culinary creativity in today's dining landscape.