Conagra Brands, Inc. (CAG) is likely to register a top- and bottom-line decline when it reports fourth-quarter fiscal 2024 earnings on Jul 11. The Zacks Consensus Estimate for net sales is pegged at $2.9 billion, suggesting a decline of 1.2% from the prior-year quarter’s reported figure. The consensus mark for the fiscal 2024 top line is pegged at $12.1 billion, indicating a decline of 1.6% from the year-ago period’s reported figure.The consensus mark for quarterly earnings has moved down by a penny in the ...

Conagra Brands, Inc. (CAG) maintains its focus on investing in innovation, considering it the primary asset in its strategic approach and essential for enhancing its brands and fostering sustainable growth. In its latest release, the company announced that it is launching an impressive array of more than 50 new products this summer.These innovations span single-serve and multi-serve frozen meals, frozen vegetables and snacks, enhancing Conagra's extensive portfolio of top-tier brands. With strong brands lik ...

Conagra Brands, Inc. (CAG) continues to be driven by its focus on brand-building through innovation, merchandising and advertising. The company has been witnessing market share gains in the frozen category. In the third quarter of fiscal 2023, the frozen business remained strong despite a challenging landscape. This reflects the forte of the company’s brands and the effective execution of the Conagra Way playbook.These upsides bode well for this Zacks Rank #3 (Hold) company amid elevated costs related to gr ...

"We have a diverse collection of new food that offers something for every taste," said Burke Raine, President, Refrigerated & Frozen for Conagra Brands. "Our team has worked hard to craft delicious new recipes, and we look forward to consumers trying them for the first time." Highlights from Conagra Brands' summer slate of new food include the following. Dolly Serves Up New Dinner and Desserts: Dolly Parton's Southern-style recipes have been a big hit in the baking aisle thanks to her Duncan Hines® baking ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Conagra Brands (CAG) . This company, which is in the Zacks Food - Miscellaneous industry, shows potential for another earnings beat.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 6.89%.For the last report ...

Collaborations with Microsoft and Ernst & Young LLP (EY) accelerate AI initiatives CHICAGO, June 25, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced it is advancing its artificial intelligence solutions through a human-centered approach that prioritizes responsible use of AI across the company. By putting employees at the center of its AI strategy, Conagra aims to drive efficiencies by leveraging innovative tools to develop, optimize and reimagine its capabilities. This approach empowe ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. ...

CHICAGO, June 11, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) will release its fiscal 2024 fourth quarter and full year results on Thursday, July 11, 2024. A press release and supplemental materials, including pre-recorded remarks, will be issued that morning prior to a 30-minute live question-and-answer session with the investment community at 9:30 a.m. ET.The pre-recorded remarks, transcript, press release, presentation slides, and live audio Q&A can be accessed at conagrabrands.com/investor-rel ...

JHVEPhotoInvestment Thesis Conagra Brands, Inc.'s (NYSE:CAG) revenue growth should turn positive in FY25, supported by easing Y/Y comparisons and sequential volume recovery. In addition, the company’s good execution in terms of launching innovative products should help it gain market share and aid revenue growth. The company is also well-positioned to capitalize on consumer acceptance and usage of the frozen food category due to its quality, convenience, and superior relative value. On the margin front, ...

Limited-Edition Pickleball Clothing and Accessories Available While Supplies LastCHICAGO, May 21, 2024 /PRNewswire/ -- Vlasic® Pickles, a brand of Conagra Brands, Inc. (NYSE: CAG), and Think Royln, the NYC-based accessory brand, are launching the "Think Pickle" collection. This unique line of pickleball gear and accessories will elevate your wardrobe on the court and off all summer long. Vlasic Pickles Vlasic Pickles Vlasic Pickles "We are excited to take on the latest craze in style with the 'Think P ...