Conagra Brands Inc. (CAG)
Why This Consumer Staples Stock is a Smart Buy Despite Headwinds
Conagra Brands NYSE: CAG is a North American food industry leader and is considered part of the consumer staples sector. Conagra Brands' earnings report for the fourth quarter of 2024 shows evidence of a company that continues to navigate a challenging and shifting consumer landscape.
Conagra Brands: Buy This Recession-Resilient Bargain For A 5% Yield
Conagra Brands owns well-known food brands and offers private label products sold in major grocery stores. Recent decline in Conagra shares presents a potential buying opportunity, especially in anticipation of a recession. Conagra's dividend yield of 5%, low price to earnings ratio, and potential for capital gains make it an attractive investment option for 2024.
Why Conagra Stock Is Falling Today
Conagra posted a mixed quarter, and it forecast fiscal 2025 earnings that fell short of estimates. The company has a solid dividend yield, but the stock is flat over the past five years.
Conagra (CAG) Q4 Earnings Top Despite Soft Consumption Trends
Conagra's (CAG) fourth-quarter results reflect a continuation of the slowdown in consumption leading to soft sales. However, supply-chain productivity efforts aid gross margin expansion.
Conagra Brands projects lower annual sales, profit on tepid demand recovery
Conagra Brands forecast annual revenue and profit below analysts' estimates on Thursday, as cash-strapped consumers turned to cheaper pantry staples for their at-home meals.
Conagra Brands Stock Falls as it Warns About a Challenging Consumer Environment
Conagra Brands (CAG) shares fell Thursday as the processed food giant gave weaker-than-expected guidance amid what it called a “difficult consumer environment.”
Conagra Brands, Inc. (CAG) Q4 2024 Earnings Q&A Call Transcript
Conagra Brands, Inc. (NYSE:CAG ) Q4 2024 Earnings Q&A Conference Call July 11, 2024 9:30 AM ET Company Participants Melissa Napier - SVP, IR Sean Connolly - CEO David Marberger - CFO Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan David Palmer - Evercore Peter Galbo - Bank of America Max Gumport - BNP Robert Moskow - TD Cowen Nik Modi - RBC Tom Palmer - Citi Chris Carey - Wells Fargo Rob Dickerson - Jefferies Operator Good morning, everyone, and welcome to the Conagra Brands Q4 and Fiscal Year 2024 Earnings Conference Call. All participants will be in a listen-only mode.
Conagra Brands (CAG) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Conagra Brands (CAG) give a sense of how the business performed in the quarter ended May 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Conagra Brands, Inc. (CAG) Q4 2024 Earnings Call Transcript
Conagra Brands, Inc. (NYSE:CAG ) Q4 2024 Earnings Call Transcript July 11, 2024 8:30 AM ET Company Participants Melissa Napier - SVP of IR Sean Connolly - CEO David Marberger - CFO Operator Good morning. This is Melissa Napier from Conagra Brands.
Conagra Brands (CAG) Q4 Earnings Surpass Estimates
Conagra Brands (CAG) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.62 per share a year ago.
Conagra Beat Earnings Estimates. Why The Stock Is Taking a Tumble.
The snack brands owner reported adjusted earnings per share of 61 cents, beating Wall Street's call for 57 cents.
Conagra's stock slumps after revenue miss, downbeat profit outlook
Shares of Conagra Brands Inc. CAG, +0.24% sank 3.5% toward a four-month low in premarket trading Thursday, after the branded foods company reported fiscal fourth-quarter revenue that fell shy of forecasts and provided a downbeat profit outlook. The company, with brands including Healthy Choice, Boomchickapop, Duncan Hines and Birds Eye, swung to a net loss for the quarter to May 26 of $567.3 million, or $1.18 a share, from net income of $37.5 million, or 8 cents a share, in the same period a year ago.
