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.
Company Size
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Company Stage
IPO
Headquarters
Chicago, Illinois
Founded
1919
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Small caps test their 200-day line as yields grind higher and earnings season stirs. October 01, 2026 18:24 ET | Source: USA Newsroom SAN FRANCISCO, Oct. 01, 2026 (GLOBE NEWSWIRE) - USA Newsroom News Commentary - This has been a week of slow leaks rather than blowouts for U.S. stocks. As of midday Thursday, the Dow Jones Industrial Average, the S&P 500, the Nasdaq Composite and the Russell 2000 were all lower for the week, with small caps taking the hardest hit as the 10-year Treasury yield climbed 6 basis points on the week to 5.24%, according to the latest edition of The Roadmap from Stock Preachers. At the same time, a fresh batch of company results is starting to show which businesses are protecting their margins in a tougher cost environment. Active companies with developments this week include: McCormick & Company, Incorporated (NYSE: MKC), Conagra Brands, Inc. (NYSE: CAG), WTW (Nasdaq: WTW), RedHill Biopharma Ltd. (Nasdaq: RDHL), and Recon Technology, Ltd (Nasdaq: RCON). By the midday numbers, the Dow sat at 50,850.02, down 1.89% for the week but still up 5.8% on the year. The S&P 500 was at 7,648.36, off 1.23% this week with an 11.73% year-to-date gain intact, while the Nasdaq Composite held at 26,821.12, down 0.91% for the week and up 15.4% for the year. The Russell 2000 was the laggard at 2,800.92, down 1.29% since last Friday, and its 14-day RSI of 30.9 was the lowest of the four, a sign that small caps have absorbed the brunt of the selling. The levels now in play are close at hand. The Russell 2000 is testing its 200-day simple moving average at 2,780.01, the S&P 500 is parked just below its 50-day SMA at 7,650.99, and the Dow is holding above its 200-day SMA near 50,260.45. Volatility has firmed as well: the VIX was at 16.95 and the Nasdaq-100 volatility gauge, the VXN, was at 23.13, up 2.26 points for the week, suggesting traders are paying up for protection in tech and growth names. The full support and resistance ladders for all four major indices are laid out in The Roadmap. CONTINUED... Read this and more, including the week's leaders and laggards and the levels to watch into next week, at Stock Preachers: https://stockpreachers.com/articles/a-choppy-week-leaves-the-tape-looking-for-footing/ In other company developments and happenings in the market this week: McCormick & Company, Incorporated (NYSE: MKC) reported third quarter results and reaffirmed its fiscal 2026 outlook. The company said net sales increased 17.4%, with organic sales growth of 1.9%, and that gross profit margin expanded by 190 basis points versus the prior year. Earnings per share was $0.36 compared with $0.84 a year earlier, while adjusted earnings per share was $0.86 compared with $0.85. McCormick also said it remains on track with integration planning for the proposed Unilever Foods combination. "Third quarter results demonstrate the resilience and differentiated performance of our flavor-focused business model in a dynamic operating environment," said Brendan M. Foley, Chairman, President, and CEO. "We delivered strong sales growth, including organic growth across our global flavor portfolio, while expanding our profit margins." Read the release. Conagra Brands, Inc. (NYSE: CAG) reported first quarter fiscal 2027 results, with net sales down 1.4% to $2.6 billion and organic net sales down 1.1%. Adjusted earnings per share rose 5.1% to $0.41, and the company reaffirmed its fiscal 2027 guidance, including an adjusted operating margin between 10.0% and 10.5% and adjusted EPS between $1.40 and $1.50. Conagra said it gained dollar share in categories including frozen vegetables, pudding and chili. "We delivered a solid start to fiscal 2027 with top line results largely in line with expectations and profit ahead of expectations amid a challenging operating environment," said John Brase, president and chief executive officer of Conagra Brands. Read the release. WTW (Nasdaq: WTW) said its Willis business released the fall 2026 edition of its Insurance Marketplace Realities report, which found that large and complex commercial property rates fell an average of 14.5 percent in the second quarter of 2026, compared with 8.4 percent a year earlier. Shared and layered programs saw average declines of 23.41 percent, and the report said the market has moved toward pricing last seen in 2019. "Property buyers have room to negotiate this cycle. Casualty and specialty buyers need to plan for a market that is still correcting for verdict severity and emerging technology risk," said Jackie Bolig, Head of Placement and Broking Solutions for North America at Willis. Read the release. RedHill Biopharma Ltd. (Nasdaq: RDHL) reported first half 2026 results and outlined a portfolio reset around two FDA-approved gastrointestinal brands. The company said it made a $12 million upfront payment to Ferring Pharmaceuticals for commercialization rights to Rebyota and Clenpiq, fully funded by the $18 million it received upfront for its Talicia divestment. RedHill said the two products generated approximately $37.5 million in 2025 net sales under Ferring. "We have executed on two major transactions that unlock significant value and fuel our capacity for growth," said Dror Ben-Asher, RedHill's Chief Executive Officer. Read the release. Recon Technology, Ltd (Nasdaq: RCON) reported fiscal 2026 results, with total revenue up 65.8% to RMB109.9 million ($16.2 million) and gross margin rising to 33.2% from 23.0%. The company said its net loss narrowed to RMB31.6 million ($4.7 million) from RMB43.7 million a year earlier, with overseas oilfield projects the primary growth driver. Recon also marked the start of operations at its waste plastic chemical recycling plant in Weifang, Shandong Province, which it said is designed to process 40,000 tons of low-value waste plastics per year. "Fiscal 2026 marked a significant turning point for Recon," said Shenping Yin, Founder and Chief Executive Officer. Read the release. Contact Information: DISCLAIMER: Nothing in this article should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a market commentary and is not a paid advertisement. This article is being distributed by USA Newsroom, which is wholly owned and operated by Market Equities Limited ("MEL"), a company incorporated under the laws of Ireland. This is an independent market commentary published on a non-paid basis. MEL has not been paid any fee by any company mentioned in this article for its production or distribution, and MEL has no advertising or digital media agreement with any company mentioned in this article. The companies mentioned have not reviewed or approved this article. The Roadmap report referenced and linked in this article is published by Stock Preachers, which is also wholly owned and operated by MEL. Market Equities and its owners, operators, directors, and affiliates may, from time to time, hold positions in securities mentioned in this article or in the broad-market index funds that track them, and reserve the right to buy, sell, or hold such securities at any time without further notice. Information in this article was obtained from sources believed to be reliable, including company news releases and public market data, but its accuracy cannot be guaranteed. Market data is as of midday on the date stated and may be delayed. Investing in securities involves risk, including the possible loss of some or all of your investment. Technical analysis describes past price and volume behavior and does not predict future results; support and resistance levels can fail at any time. References to the companies named in this article are provided solely as market context and as summaries of each company's own public news releases. No partnership, affiliation, or endorsement is implied, and nothing in this article is a recommendation to buy, sell, or hold any security. Quotations attributed to company executives are reproduced from those companies' own news releases. 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Conagra sales decline as inflation squeezes consumers. Lower chicken, beef and pork prices offer some relief Conagra Brands posted a volume-led decline in first-quarter organic net sales on Wednesday, with high inflation and price-sensitive consumers hampering new CEO John Brase's efforts to turn around the packaged foods company, reported Reuters. The Slim Jim meat sticks maker, whose shares slumped more than 5.5% to an over three-month low, reaffirmed its fiscal 2027 guidance for an organic net sales decline of 1% to 3% from a year earlier, although first-quarter profit and sales beat Wall Street estimates, according to LSEG data. "You definitely have a pressured consumer," Brase told Reuters. "There's no doubt about it." Conagra had halved its annual dividend in July and said it was reviewing its non-core assets, with Brase, who took over in June, stating that brands that were not playing a great strategic role could be divested and others added. Persistent inflation - especially in gas prices - and higher borrowing costs have pressured household budgets, prompting consumers to trade down to cheaper private-label alternatives, while the rapid adoption of GLP-1 weight-loss drugs is forcing packaged food makers to reformulate products to meet demand for healthier food. The company expects full-year volume declines in the mid-single digits "factoring in greater-than-historical volume elasticities, particularly within our frozen business," CFO Dave Marberger said in pre-recorded remarks. Pricing and product mix contributed 1% to total organic net sales in the first quarter, with volumes down 2.1%, Conagra said. The drop in sales volumes, inflation pressures and unfavorable operating leverage led to a 3.9% drop in adjusted gross profit to $619 million during the quarter, a fall that was slightly offset by $4 million in tariff refunds. Marberger said that inflation has accelerated around transportation, because "our freight costs have been going up significantly." Prices for animal proteins - particularly chicken, beef and pork - have been more favorable, he added. Quarterly net sales in the refrigerated and frozen segment fell 2.1% from a year earlier, while volumes decreased 1% and prices fell 1.5%. "The core challenge remains unchanged: six consecutive years of volume declines, a portfolio that management acknowledges is too large and too complex, and a consumer environment that is unforgiving of pricing missteps," said RBC analysts in a note. The company's total quarterly net sales came in at $2.60 billion, narrowly beating estimates of $2.59 billion. Quarterly adjusted earnings per share stood at 41 cents, compared with analysts' estimates of 28 cents. Global ag media. More news. Policy and regulation Government and regulatory 1 October 2026
Ardent Mills earnings start fiscal year strong. Oct 1, 2026 CHICAGO, ILLINOIS, US - Conagra Brands Inc. saw earnings in the Ardent Mills joint venture swell for the fiscal 2027 first quarter, citing favorable market conditions and the milling company's effective management through recent wheat market volatility. For the quarter ended Aug. 24, Conagra said equity method investment earnings - largely representing its stake in Ardent Mills - jumped 72% to $50.4 million from $29.4 million a year earlier. The higher equity earnings from Ardent Mills more than offset a 4.1% decline in Conagra's adjusted operating profit in the quarter, said David Marberger, the Chicago-based food company's chief financial officer. He said Ardent Mills provided a 3¢-per-share lift to Conagra's adjusted earnings per share of 41¢, which topped analysts' high-end estimate of 32¢. Under the joint venture, formed in 2014, Conagra and Cargill each own 44% of Ardent Mills, while CHS owns a 12% interest. Denver, Colorado, US-based Ardent Mills is North America's largest milling company. "Think of Ardent Mills as really two different businesses," Marberger said in a Sept. 30 conference call on Conagra's first-quarter results. "They have a business where they mill flour and sell flour at a margin. They're selling flour to the Domino's pizzas of the world and everything. So they're dealing with the same volume dynamics that the entire food industry is, but they do an amazing job of providing great customer service. That's a competitive advantage for them. But that business is more stable and more flattish. If you look at the other part of their business, what we call commodity revenue, that's the trade opportunities they create when you have volatility in the wheat markets. So that's what we saw in Q1." Conagra upheld its fiscal 2027 adjusted EPS projection of $1.40 to $1.50, with Marberger reporting that full-year equity income of $140 million from Ardent Mills remains embedded in the outlook. He noted to analysts in the call that wheat prices have "been up and down" despite being "up significantly" since May. "That creates trading opportunities for the commodity side of the Ardent business, and the thing with that is it's a little bit more difficult to forecast with precision for the full year," he said. "So we thought it was prudent to hold for the year - it's one quarter (of sharp growth) - and then we'll update at the half. And if things continue as they do in Q1, then maybe we have some upside there. But we want to wait a little longer to see." Get better grain and ag industry search results. Adding World Grain tells Google to prioritize World Grain stories. Russ Redman is senior editor at Milling & Baking News. Joining Sosland Publishing Company in 2024, he has deep experience covering the food and CPG sectors, primarily in the food, drug, mass and convenience retail and distribution channels. That includes stints as an editorial manager at two supermarket trade publications. He has a bachelor's degree in journalism from Hofstra University in Long Island, N.Y. Connect with Russ Redman via email.
Conagra narrowly tops expectations for first-quarter earnings. Nation's largest frozen food manufacturer posts 1.4% sales decline on lower volume. September 30, 2026. 12:29 PM CHICAGO - Conagra Brands Inc. reported net sales declined 1.4% in its first quarter to $2.6 billion, representing a slight beat of analyst expectations of $2.59 billion. Organic net sales declined 1.1% in the quarter ended August 30. Volume declined 2.1% from a year earlier, but that was partially offset by an uptick in pricing and product mix. Adjusted gross profit declined 3.9% to $619 million, as cost inflation and lower sales volumes outweighed productivity gains and about $4 million in tariff refunds. CEO John Brase said the first-quarter performance represents a solid start to Conagra's fiscal 2027. "While there is more work to be done, we remain on track to deliver for the year," he said. Conagra reiterated expectations for volume declines in the mid-single digits for the full year, citing consumers' ongoing price sensitivity. Conagra's food service segment was a relative bright spot, with net sales rising 3.2% to $273 million on a 2.5% organic volume increase. The grocery and snacks segment posted a 2.6% decline in net sales. In the refrigerated and frozen category, net sales declined 2.1%, while favorable foreign exchange rates helped lift the international segment to a 2.7% net sales gain. Conagra recently turned to Brase to replace Sean Connolly as president and chief executive officer at what has been a challenging time for North America's largest frozen food manufacturer. Brase, who has experience at J.M. Smucker Co. and Procter & Gamble Co., joined Conagra on June 1 with aims of rekindling growth and unlocking the potential of brands being buffeted by higher costs and changing preferences among consumers looking for healthier, less processed food. In response, the company is leaning into healthy aging, betting that innovation focused on protein, portion control, health and value will unleash sustainable profits.
Stock Market News: Conagra Brands earnings update. * September 29, 2026 Stock Market News are attracting significant attention in today's market. Stock market news often sheds light on the underlying movements and sentiments within the financial world, and this week Conagra Brands is in the spotlight. As the company prepares to release its earnings report, there's a notable buzz in the options market that suggests a bullish sentiment despite the challenging year it has faced. With shares trading below key moving averages and a forecasted decline in earnings, analysts and readers alike are keenly observing how these factors might influence future performance. This scenario underscores the dynamic nature of stock markets, where expectations can shift rapidly based on upcoming reports and market perceptions. Meanwhile, small cap stocks remains a key focus for market participants. Stock Market News: Conagra earnings on the horizon. Conagra Brands, known by its stock symbol CAG, is set to announce its earnings on 30 September, just before the market kicks off for the day. Presently, the buzz in the stock market news is around the company's stocks, which have dipped nearly 30% from their highest point this year. Stock Market News: anticipated earnings report. Analysts forecast that Conagra will report earnings of $0.31 per share for its fiscal Q1, showing a 20.51% fall compared to the same period last year. This has been a topic of interest in the market news, especially as the put-to-call ratio for contracts ending on 2 October is at 0.79x, indicating a positive outlook. The options market suggests a potential price increase up to $14.83, which might imply a 4.49% rise. More than just Stock Market News. While the stock market news is buzzing with Conagra's earnings, Mark Zuckerberg is busy with a massive project - laying a 4,300-mile cable under the ocean. This initiative is intended to enhance global connectivity and is an exciting development in the tech world. For more details, check out this article. In the past year, Conagra executives have made eight purchases and only one sale, hinting that they might see the stock as undervalued. This has caught the eye of those keeping a close stock watchlist, considering the company also offers a 4.93% dividend yield. Comparing the competition. When comparing Conagra to its rival, Kraft Heinz, Conagra is trading at a forward P/E ratio of about 10x. This metric makes it seem more affordable than Kraft Heinz, which could be appealing to those interested in market news related to stock valuations. Social Security and Market News. In other news, the CEO of BlackRock is supporting a $1.5 trillion Social Security Fund. According to the Congressional Budget Office, the fund might run short by 2032. This is a significant development in the realm of market news, as it touches on long-term financial planning. More information can be found in this source. Conagra's current position. Despite the buzz, Wall Street analysts maintain a "Hold" rating on Conagra's stock. The average price target is around $13.77, which signals a potential decrease of 2.5%. This sentiment is crucial for those following the stock market news closely, particularly in evaluating their stock watchlist strategies. The small cap stocks market is responding. In conclusion, Conagra Brands' recent earnings report has undeniably stirred interest within the options market, creating a buzz among those who keep a close eye on stock movements. This development underscores the significance of small cap stocks and their role in providing diverse opportunities within the financial landscape. With Conagra's performance drawing attention, it's clear that several key factors have influenced the current sentiment. As people continue to monitor market news and add Conagra to their stock watchlist, the company's dividend yield and recent achievements remain pivotal talking points. While the financial landscape constantly evolves, understanding the intricacies of stock behaviour and corporate performance continues to be of paramount importance. Why is the options market showing bullish sentiment towards Conagra Brands? The options market is displaying a bullish sentiment towards Conagra Brands due to the put-to-call ratio on contracts expiring on October 2 being at 0.79x, indicating a positive outlook. This is significant given that the company is expected to report a decline in its fiscal Q1 earnings. For more detailed insights, you can visit Barchart.com. How are Conagra Brands' current stock metrics compared to its competitors? Conagra Brands is trading at a forward P/E ratio of about 10x, making it significantly cheaper compared to its rival Kraft Heinz. This difference highlights Conagra's potential value for those keeping a close stock watchlist. More details can be found on Barchart.com. What has been the trend in insider trades at Conagra Brands over the past year? Over the past year, Conagra executives have made eight purchases and only one sale, suggesting that they see the stock as undervalued. This activity is noted by those interested in market news and stock watchlist updates. Visit Barchart.com for further information. What is the expected earnings per share for Conagra Brands in its upcoming report? Conagra Brands is expected to report earnings of $0.31 per share for its fiscal Q1, which represents a 20.51% decline compared to the same period last year. This anticipated earnings report is a focal point in stock market news. For more on this, check Barchart.com. What is the dividend yield for Conagra Brands and why is it significant? Conagra Brands currently offers a dividend yield of 4.93%, making it attractive for income-focused shareholders. This substantial yield is an important factor for those considering small cap stocks and forms a part of their earnings report analysis. More details can be found through Barchart.com. Disclaimer: For informational purposes only. Not financial advice. Get SWN alerts. How to spot emerging market movers.