|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||37.34 - 37.80|
|52 Week Range||32.16 - 41.68|
|PE Ratio (TTM)||22.64|
|Earnings Date||Mar 21, 2018 - Mar 26, 2018|
|Forward Dividend & Yield||0.85 (2.31%)|
|1y Target Est||41.93|
Hurricanes beefed up sales and profit at the packaged food maker. But as Fred Katayama reports, Conagra warned that hurricane-related costs and inflation were pressuring its margins.
MINNEAPOLIS, Jan. 19, 2018 /PRNewswire/ -- Snack lovers, rejoice! In celebration of National Popcorn Day, Angie's BOOMCHICKAPOP today announces two new product lines: Popcorn Trail Mix and Popcorn Bars, each available in four distinct flavors that only the snack aficionados at Angie's BOOMCHICKAPOP could dream up. Made with real, simple ingredients (nothing fake!) and packed with flavor, each of the new product lines presents popcorn in a new light: on-the-go bars for those who like the texture of good old crunch and trail mix for those who prefer to nosh by the handful. The introduction of Angie's BOOMCHICKAPOP Popcorn Trail Mix and Popcorn Bars furthers the brand's foray into snack products beyond ready-to-eat popcorn, which has attributed to growth and success since Angie and Dan Bastian started selling popcorn out of their home garage as Angie's Kettle Corn nearly 17 years ago.
On Tuesday, January 16, Nestlé announced that it agreed to sell its US confectionary business to Ferrero for $2.8 billion in cash. Nestlé’s confectionary business, which represents about 3.0% of its total US group sales, was losing market share to bigger rivals such as Hershey (HSY) and Mars. A consumer shift toward healthy foods and away from sugary foods may have further encouraged Nestlé to divest its candy business in the US (SPY).
LONDON, UK / ACCESSWIRE / January 12, 2018 / Active-Investors.com has just released a free earnings report on Conagra Brands, Inc. (NYSE: CAG ) ("Conagra"). If you want access to this report ...
On January 10, 2018, Morgan Stanley downgraded Hershey (HSY) stock to “underweight” from “equal weight” with a price target of $105.00 per share. Following the downgrade, Hershey stock fell 2.6% to $110.82.
Strategic acquisitions and higher demand for major brands such as Healthy Choice likely to boost Conagra's near-term results. However, persistent input price inflation remains a key cause of concern.
Stock Monitor: General Mills Post Earnings Reporting LONDON, UK / ACCESSWIRE / December 26, 2017 / Active-Investors.com has just released a free research report on Conagra Brands, Inc. (NYSE: CAG ) ("Conagra"). ...
Conagra Brands (CAG) reported better-than-expected fiscal 2Q18 results. The company’s top line returned to growth, driven by incremental sales from the recently acquired Duke’s, Frontera, BIGS, and Angie’s ...
Like most of its peers’ margins, Conagra Brands’ (CAG) margins remained pressured during fiscal 2Q18, despite higher sales. Increased input costs and higher brand investments weighed on the profitability ...
Conagra Brands’ (CAG) sales returned to growth during fiscal 2Q18, which should boost investors’ confidence. The growth was particularly impressive considering the pressure on its top line due to brand ...
Conagra Brands (CAG) reported stronger-than-expected fiscal 2Q18 results (period ended November 26, 2017) on December 21.
Conagra Brands said new products and bulk-buying ahead of hurricanes that hit the southern U.S. helped the food maker return to sales growth in the latest quarter.
Conagra Brands (CAG) reports impressive Q2 results. The company anticipates to report earnings toward the higher end of its prior guidance range for fiscal 2018.
Conagra Brands Inc, the maker of Reddi-Wip whipped cream and Chef Boyardee pasta, reported better-than-expected second-quarter revenue and profit on Thursday, as consumers stocked up on food items because of hurricanes. Conagra's shares were up 2.2 percent in premarket trading, even as the company warned that higher-than-anticipated inflation, hurricane-related costs and increased investments to expand distribution were pressuring near-term margins. Conagra said its recent acquisitions such as Duke's meat snacks and Angie's BOOMCHICKAPOP popcorn contributed to higher sales in the grocery and snacks business, its biggest business by revenue, in the second quarter.
Fiscal 2018 organic net sales and adjusted EPS are now expected to be near the high end of their respective guidance ranges Remains on track for fiscal 2020 targets CHICAGO , Dec. 21, 2017 /PRNewswire/ ...
CHICAGO, Dec. 21, 2017 /PRNewswire/ -- Today Conagra Brands, Inc. (CAG) announced that it has entered into a definitive agreement to acquire the Sandwich Bros. of Wisconsin business, which produces frozen breakfast and entrée flatbread sandwiches. The transaction is expected to close in early 2018, subject to customary closing conditions, including the receipt of regulatory approvals. "Adding the Sandwich Bros. business to our portfolio is another step in Conagra Brands' ongoing work to accelerate growth," said Sean Connolly, president and chief executive officer of Conagra Brands.
Earnings from Nike and a reading on the economy will be headlines on Thursday, while debate over the new corporate tax code are already beginning.
Conagra's (CAG) adjusted EPS from continuing operations jumped 33.8%, driven by higher cost savings and productivity savings.