Profile
Sector:
Consumer DefensiveIndustry:
Packaged FoodsCountry:
United StatesIPO:
17 March 1980Website:
http://www.conagrabrands.comNext earnings report:
03 January 2025Last dividends:
31 October 2024Next dividends:
N/APrice
after hours | 27 min agoAnalysts recommendations
Institutional Ownership
CAG Latest News
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.
Conagra, a major player in consumer packaged goods, is experiencing strong criticism today after failing to meet earnings expectations because of a bigger-than-anticipated drop in sales compared to last year in the first quarter. The company, which owns well-known brands like Slim Jim and Vlasic, had previously indicated that FY25 would be a year of change, but it hadn't missed profit estimates since Q3 2020, making this news unexpected.
What type of business is Conagra Brands?
Conagra Brands, Inc. is an American food company headquartered in Chicago. It began its operations in 1919 with the production of flour. Over the years, it has undergone a long path of development, accompanied by organizational changes, acquisitions of new companies, and has reached the status of one of the largest companies in the production of packaged food products. Conagra Brands, Inc. produces and markets a wide range of food products in different categories: vegetable oil, frozen meals, cocoa, hot dogs, peanut butter, and many others under several well-known national brands: Birds Eye, Marie Callender's, Banquet, Healthy Choice, Slim Jim, Reddi-wip, and Vlasic.
What sector is Conagra Brands in?
Conagra Brands is in the Consumer Defensive sector
What industry is Conagra Brands in?
Conagra Brands is in the Packaged Foods industry
What country is Conagra Brands from?
Conagra Brands is headquartered in United States
When did Conagra Brands go public?
Conagra Brands initial public offering (IPO) was on 17 March 1980
What is Conagra Brands website?
https://www.conagrabrands.com
Is Conagra Brands in the S&P 500?
Yes, Conagra Brands is included in the S&P 500 index
Is Conagra Brands in the NASDAQ 100?
No, Conagra Brands is not included in the NASDAQ 100 index
Is Conagra Brands in the Dow Jones?
No, Conagra Brands is not included in the Dow Jones index
When was Conagra Brands the previous earnings report?
No data
When does Conagra Brands earnings report?
The next expected earnings date for Conagra Brands is 03 January 2025