Conagra Brands (CAG) Stock

CHICAGO, Nov. 19, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) is set to announce its second quarter results for fiscal 2025 on Thursday, December 19, 2024. On that morning, a press release and additional materials, including recorded comments, will be shared before a 30-minute live Q&A session with investors at 9:30 a.m.

On November 1, 2024, Conagra Brands (NYSE: CAG) revealed the winners of its Sustainable Development Awards, which honor the exceptional efforts of its employees. These awards highlight sustainability projects in five key areas: Climate Change, Packaging, Responsible Sourcing, Water Reduction, and Waste Reduction. The program aims to acknowledge and celebrate the important contributions made by the company's staff.

Nike's earnings show that they are facing challenges with lower sales, especially in China, even though their average prices are higher, indicating possible weakness in consumer demand before recent stimulus measures. Conagra's focus on prioritizing price over volume is causing issues, as both prices and sales are dropping, pointing to wider difficulties for companies in the consumer goods sector in a tough market. In contrast, Constellation Brands has performed better than its competitors by taking advantage of their struggles, increasing sales and prices, and using the extra profits to boost marketing and enhance their brand image.

Swiss Miss 'Shmallow, a seasonal drink perfect for the holidays, is now available for a limited time this fall. This new whiskey, created in partnership with Hotel Tango Distillery, blends toasted marshmallow and cocoa flavors with bourbon, capturing the essence of Swiss Miss hot cocoa. It's a great choice for your holiday celebrations or as a gift for bourbon lovers.

Conagra Brands (CAG) saw a notable drop in its stock price today, falling to $30, which is an 8.31% decrease. This decline followed the company's announcement of its fiscal Q1 2025 earnings, which did not meet Wall Street's expectations for both organic revenue and earnings per share (EPS).

U.S. stocks rose a little as trading was coming to a close, with the Nasdaq Composite increasing by about 0.2% on Wednesday.

Conagra Brands, Inc. (NYSE:CAG) will hold a Q1 2025 Earnings Q&A Conference Call on October 2, 2024, at 9:30 AM ET. The call will feature company representatives, including Melissa Napier, Sean Connolly, and David Marberger, along with participants from various financial institutions. The operator will begin the call by welcoming everyone to the event.

Conagra Brands (CAG) saw its shares drop by about 10% on Wednesday morning after the food company reported disappointing results, as customers reduced their spending.

Conagra Brands, Inc. (NYSE:CAG) will hold its Q1 2025 Earnings Conference Call on October 2, 2024, at 9:00 AM ET. The call will feature company representatives, including Melissa Napier, the Senior Vice President of Investor Relations, Sean Connolly, the President and CEO, and David Marberger, the Executive Vice President and CFO. Melissa Napier will begin the call by welcoming everyone and sharing the prepared statements for Conagra Brands' first quarter earnings.