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) has been recognized as one of the 'Best Places to Work for Disability Inclusion' for 2024 by The Disability Equality Index®. This prestigious recognition is based on a comprehensive benchmarking tool that measures disability workplace inclusion in Fortune 1000 companies.
The Disability Equality Index, a joint initiative of Disability:IN and The American Association of People with Disabilities (AAPD), assessed Conagra Brands across various categories including Culture & Leadership, Enterprise-Wide Access, Employment Practices, Community Engagement, and Supplier Diversity. Companies scoring 80 or higher are acknowledged with this distinction.
Brenna McCauley, leader of Conagra Brands' Disability+ Ally Employee Resource Group, emphasized the company's commitment to providing safe, accessible spaces for all employees. The recognition underscores Conagra's dedication to fostering an inclusive workplace environment.
Conagra Brands (NYSE: CAG) reported its fourth-quarter and full-year fiscal 2024 results, showing a decline in both net sales and earnings per share (EPS). For the fourth quarter, net sales decreased by 2.3%, and the company reported a diluted loss per share of $1.18 due to non-cash goodwill and brand impairment charges. Adjusted EPS was $0.61. For the full fiscal year, net sales fell by 1.8% and reported diluted EPS decreased by 49.3% to $0.72. Adjusted EPS decreased by 3.6% to $2.67. Despite these declines, the company saw market share gains in key categories and reported increased gross and adjusted gross margins.
Looking ahead to fiscal 2025, Conagra expects organic net sales to be between flat and -1.5%, with adjusted EPS projected to be between $2.60 and $2.65. The company also announced a quarterly dividend of $0.35 per share. CEO Sean Connolly highlighted improvements in the Domestic Retail business and anticipates a gradual recovery from challenging industry trends.
Orville Redenbacher's Gourmet Popping Corn and Hallmark Channel have announced the 'Ultimate Outdoor Movie Night' Sweepstakes. The grand prize includes an outdoor at-home theater setup, a one-year supply of Orville Redenbacher's microwave popcorn, assorted popcorn seasonings, and a Hallmark Channel popcorn bowl. Additionally, fifty secondary prize winners will receive a one-year supply of popcorn and seasonings, while weekly prizes will offer a 6ct carton of microwave popcorn, one seasoning, and a Hallmark Channel blanket. The sweepstakes runs until August 31, 2024, and participants can enter daily at SummerNightSweeps.com. No purchase is necessary.
Conagra Brands has announced the launch of over 50 new meals and snacks for summer 2024, expanding its portfolio across various categories. Key highlights include Dolly Parton's new Southern-style frozen meals and desserts, Chef Boyardee's skillet meals, and innovative vegetable dishes from Birds Eye and Alexia. Healthy Choice adds new single-serve meals, while Blake's and Evol introduce protein-packed frozen options. Banquet and Hungry-Man cater to hearty appetites with large portions, and Marie Callender's offers comforting meals. Additionally, globally inspired dishes from Bertolli and P.F. Chang's Home Menu, plant-based meals from Gardein and Purple Carrot, and new gluten-free snacks from Glutino are part of the lineup. This extensive product launch aims to cater to diverse consumer tastes and preferences.
Conagra Brands (NYSE: CAG) announced advancements in its AI initiatives through a human-centered approach. In collaboration with Microsoft and Ernst & Young (EY), the company aims to boost efficiencies by integrating generative AI, intelligent automation, and strategic tools across various operations including IT, Supply Chain, R&D, and Marketing.
Conagra's use of Microsoft Power Platform and Azure OpenAI Service empowers employees to enhance productivity and automate tasks. A joint two-day hackathon with Microsoft led to improved automated product labeling processes.
Collaborations with EY focus on leveraging AI for branding and marketing, streamlining the content creation process through generative AI models. These initiatives complement existing AI strategies, improving decision-making, visibility, and loss prevention in the supply chain.
Tracy Schaefer, Conagra's CIO, highlighted the integration of IT and business strategy to introduce dynamic approaches and respond swiftly to industry trends.
Conagra Brands (NYSE: CAG) will release its fiscal 2024 fourth quarter and full year earnings on July 11, 2024. The release will include a press release, supplemental materials, and pre-recorded remarks that morning. A 30-minute live Q&A session with the investment community is scheduled for 9:30 a.m. ET, accessible via a provided dial-in number and the company's investor relations website. This session will offer insights into the company's performance and future projections.
Vlasic Pickles, a brand of Conagra Brands (NYSE: CAG), has partnered with Think Royln to launch the 'Think Pickle' collection. This line includes pickleball gear and accessories featuring the iconic Vlasic Stork. Items range from $68 to $218 and can be purchased at thinkroyln.com, select retailers, and during the APP New York City Open from May 22-24. The collaboration highlights Vlasic's engagement with the growing sport of Pickleball, including sponsorship of APP events.
Conagra Brands, Inc. (NYSE: CAG) showcases a diverse collection of snacks at the 2024 Sweets & Snacks Expo, including new meat snacks, sweet treats, and savory options. With an impressive $3.2 billion snacks portfolio, the company introduces innovative products to cater to various tastes and preferences.
Vlasic Pickles, a brand of Conagra Brands Inc. (NYSE: CAG), has launched a -edition pickleball collaboration with Sprints and Tervis, offering a range of gear including paddles, bags, and water bottles. Prices range from $22 to $72, available on getsprints.com and tervis.com. The collaboration aims to bring color and style to pickleball players and fans, aligning with Vlasic's sponsorship of the Vlasic Classic™ tour event.
Conagra Brands, Inc. appointed Noelle O'Mara as the Executive Vice President & President of New Platforms and Acquisitions. O'Mara will lead efforts in identifying and scaling new growth platforms and acquisitions, focusing on strategy, innovation, and in-market execution. With over 20 years of experience in the CPG industry, her leadership is expected to drive Conagra's growth strategy forward.