Conagra Brands, Inc. reports news on a North American branded packaged food business with products across frozen meals, vegetables, snacks, shelf-stable staples, refrigerated foods and foodservice channels. Its portfolio includes brands such as Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, Banquet, Hunt's, Vlasic, Orville Redenbacher's and Wish-Bone.
Recurring company updates cover quarterly earnings, organic net sales, margins, guidance, dividends, product innovation and portfolio activity. Governance-related news also includes board composition, executive leadership matters and corporate policies affecting the public company.
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.
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