Tag: $Conagra brands

 Conagra Brands on Friday kept its annual sales and profit targets intact after a muted second-quarter as the Slim Jim meat snacks maker tackles uneven demand for its pantry ‍staples due to pressured consumer spending and stiff competition.

Conagra Brands (CAG.N),  missed Wall Street expectations for third-quarter sales on Thursday, as supply-chain disruptions in frozen food and refrigerated business hurt its ability to meet demand.

Conagra Brands on Thursday trimmed its annual profit forecast on signs that price reductions on its products across grocery, snacks and frozen food items to spark demand will weigh on its margins.

Shares of Conagra Brands were falling Wednesday after the packaged-food company reported quarterly earnings that missed analysts’ estimates.

Conagra Brands CAG –0.42% stock fell early Thursday despite the processed food maker posting fourth-quarter adjusted earnings that beat expectations, and announcing a dividend boost.