C

Conagra Brands

Frozen foods and snacks producer

Overview

Conagra Brands is a major U.S. food company that makes, markets, and sells branded packaged foods. Its products span frozen meals, snacks, condiments, and pantry staples under well-known labels such as Birds Eye and Duncan Hines, distributed through retailers nationwide. The company creates and distributes these products through large-scale manufacturing and branding efforts, often coordinating multiple branded lines in grocery stores and mass retailers. It differentiates itself through a long history of strategic acquisitions that built a diverse portfolio of consumer brands, and by focusing on its branded foods after spinning off its Lamb Weston potato business. Conagra’s goal is to be a leading, widespread provider of convenient, high-quality branded foods, growing through its portfolio, scale, and acquisitions to reach more consumers and markets.

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About Conagra Brands

Simplify's Rating
Why Conagra Brands is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Food & AgricultureIndustrial & ManufacturingConsumer Goods

Company Size

N/A

Company Stage

IPO

Headquarters

Chicago, IL

Founded

1919

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Simplify's take

What believers are saying

  • September 30, 2026 Q1 sales beat expectations, with adjusted EPS rising 5.1%.
  • Management reaffirmed fiscal 2027 guidance despite 1.1% organic sales decline.
  • Innovation remains active, including Slim Jim Cheese Mode and new Vlasic Pickle Balls.

What critics are saying

  • Conagra will close Macon, Missouri on January 15, 2027, eliminating 442 jobs.
  • Dresden, Ontario faces a 2027 sale or shutdown, threatening tomato supply continuity.
  • Persistent portfolio pruning signals weaker brands; missteps can turn into permanent exits.

What makes Conagra Brands unique

  • Conagra owns scale brands like Slim Jim, Birds Eye, Duncan Hines, and Reddi-wip.
  • Its snacks portfolio topped $3.3 billion at the October 2026 NACS Show.
  • Conagra uses brand licensing, like WWE and Buffalo Wild Wings, to defend shelf space.

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Funding

Total Funding

$2B

Above

Industry Average

Funded Over

2 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Company Match
  • 401(k) Retirement Plan
  • Company Equity
  • Paid Vacation
  • Flexible Work Hours
  • Mental Health Support
  • Wellness Program

Stock Price

Company News

NPG of Missouri, LLC
Nov 11th, 2026
State workforce officials prepare to assist 442 workers affected by Conagra closure.

State workforce officials prepare to assist 442 workers affected by Conagra closure. today at 6:54 PM MACON, Mo. (KMIZ) The Missouri Department of Higher Education and Workforce Development says its Rapid Response team is in contact with Conagra Brands after the company announced it will permanently close its Macon plant and eliminate 442 jobs. Heather Dolce, an assistant commissioner with the department, said Tuesday the state does not yet have details about specific meetings or events for affected employees. "Our Rapid Response team is in contact with Conagra, but I do not have specific details to share about meetings or events at this time," Dolce said in an email to ABC 17 News. A Worker Adjustment and Retraining Notification notice submitted to the state says layoffs were expected to occur during a 14-day period beginning Friday, Jan. 15, 2027. The notice lists 388 production, maintenance and truck-driving jobs and 47 management and administrative positions. Those classifications account for 435 positions, although the notice states that 442 employees will be affected by the closure. Production, maintenance and truck-driving employees are represented by Teamsters Local 688 and United Food and Commercial Workers Local 2, according to the notice. Management and administrative employees are not represented by a union. A representative with Teamsters Local 688 told ABC 17 News the union did not feel comfortable commenting yet. United Food and Commercial Workers Local 2 did not respond to a request for comment. Conagra said Monday the closure followed a review of its manufacturing network and its continuing efforts to operate efficiently while supporting the needs of the business. "This decision was not made lightly, and we are grateful for our employees' contributions and are committed to treating affected employees fairly and with respect throughout the transition," the company said. Macon County Economic Development said in a Facebook post it is "deeply saddened" by the closure and recognizes the effect it could have on employees, their families and the broader community. The organization is directing affected employees to Missouri's Rapid Response program. The free program provides: * Information about unemployment insurance * Reemployment services and job-search assistance * Résumé writing and interview preparation * Training and education opportunities * Career counseling and labor-market information * Connections to community resources and support services Data published by the Federal Reserve Bank of St. Louis shows Macon County's unemployment rate was 3.1% in September. The figure, which comes from the U.S. Bureau of Labor Statistics, is not seasonally adjusted. The closure comes about a year and a half after Conagra announced a $29.1 million expansion of the Macon facility. In May 2025, the Missouri Department of Economic Development said the project was expected to create 26 jobs and retain 340 existing positions. The department described Conagra as Macon County's largest employer. Article Topic Follows: Macon

FOX 2
Nov 9th, 2026
Conagra to close Missouri plant, cut more than 400 jobs.

Conagra to close Missouri plant, cut more than 400 jobs. Posted: Nov 9, 2026 / 03:05 PM CST Updated: Nov 9, 2026 / 03:07 PM CST Ask FOX2NOW anything How many jobs will be eliminated at Conagra's Missouri plant? When is Conagra's Macon plant scheduled to close permanently? Why is Conagra's Macon plant closure expected to be permanent? Full Summary Conagra has filed a WARN notice announcing the permanent closure of its entire manufacturing facility in Macon, Missouri. The closure is expected to result in the elimination of 442 jobs. KANSAS CITY, Mo. - Conagra, a major food company, filed a WARN notice with the state on Monday to announce it will be closing its Missouri plant, cutting more than 400 jobs. Conagra will close its plant in Macon, Missouri, on Jan. 15, 2027. The closure will eliminate 442 jobs. "This action will impact all employees who work at or report into the Macon facility. The Macon facility is expected to close in its entirety and this action is expected to be permanent," the notice says.

FOX 4 Kansas City
Nov 9th, 2026
Conagra to close Missouri plant, cut more than 400 jobs.

Conagra to close Missouri plant, cut more than 400 jobs. Posted: Nov 9, 2026 / 02:05 PM CST Updated: Nov 9, 2026 / 02:48 PM CST KANSAS CITY, Mo. - Conagra, a major food company, filed a WARN notice with the state on Monday to announce it will be closing its Missouri plant, cutting more than 400 jobs. Conagra will close its plant in Macon, Missouri, on Jan. 15, 2027. The closure will eliminate 442 jobs. "This action will impact all employees who work at or report into the Macon facility. The Macon facility is expected to close in its entirety and this action is expected to be permanent," the notice says.

KSHB 41
Nov 9th, 2026
Conagra closing plant in Macon, Missouri; 442 jobs lost.

Conagra closing plant in Macon, Missouri; 442 jobs lost. Posted 10:17 AM, Nov 09, 2026 KANSAS CITY, Mo. - Conagra Brands announced Monday it will close its facility in downtown Macon, Missouri, in January 2027. The company estimates that a total of 442 employees will lose their jobs as a result of the closure. Employees will start to leave their positions during a two-week period starting Jan. 15, 2027. A company spokesperson said employees were notified of the closure on Monday. "The decision follows a careful review of our manufacturing network and reflects our ongoing work to operate as effectively and efficiently as possible while supporting the needs of the business," the spokesperson said. "This decision was not made lightly, and we are grateful for our employees' contributions and we are committed to treating affected employees fairly and with respect throughout the transition." Macon, population 5,457, is the county seat of Macon County, Missouri, about two hours northeast of the Kansas City area.

Yahoo Finance
Oct 27th, 2026
General Mills' 7.2% dividend yield looks safe for now, but earnings are falling

General Mills has kept its dividend while food rivals Conagra and Campbell's cut theirs this year, but its payout looks stretched. Inflation and the rise of appetite-curbing GLP-1 drugs have hurt the sector. For the quarter ended August 30, net sales fell 3%, due to the sale of its US yogurt business; organic sales were flat. Per-share profit was $0.75, down from $0.86 a year earlier. The $0.61 quarterly dividend gives a payout ratio of about 81%. Free cash flow over 12 months was $1.6 billion, against $1.3 billion paid in dividends. The yield is 7.2%, among the highest in the S&P 500. The dividend looks safe for now, but the buffer is thin. The stock is down 45% over five years.

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