|Bid||37.00 x 28100|
|Ask||38.00 x 800|
|Day's Range||37.31 - 37.96|
|52 Week Range||32.16 - 41.68|
|PE Ratio (TTM)||22.61|
|Forward Dividend & Yield||0.85 (2.25%)|
|1y Target Est||N/A|
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.
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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.
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.
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.
Ongoing volume strategy, strategic acquisitions and divestitures anticipated to drive Conagra's (CAG) Q2 earnings. However, input price inflation and stiff industry rivalry remains causes of concern.