Conagra Brands (CAG) Troubled by Slowdown in Consumption Trends
Conagra(CAG) ZACKS·2024-08-21 21:25
Conagra Brands, Inc. (CAG) has not been in its best shape lately, witnessing challenging industry trends, including a slowdown in consumption. This was reflected in the company’s fourth-quarter fiscal 2024 results as well as management’s guidance for fiscal 2025. Conagra has been making solid brand-building investments. While these strategic investments are crucial for long-term growth, they may weigh on short-term profitability.Estimates Lose SheenThe Zacks Consensus Estimate for the current quarter and fi ...