Conagra Brands: Improving Outlook And Discounted Valuation
CAGConagra(CAG) Seeking Alpha·2024-06-04 02:48
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, ...