ConAgra Analysts Slash Their Forecasts Following Weak Sales

Q: How will ConAgra's pricing impact its earnings in fiscal 2023?

The company continues to focus on its pricing actions as cost of goods sold inflation is likely to persist in fiscal 2023. Conagra’s quarterly adjusted earnings per share (EPS) came in at 65 cents, a penny ahead of the Zacks Consensus Estimate.

Q: Why did ConAgra beat quarterly sales and profit estimates?

(Reuters) -Conagra Brands Inc beat quarterly sales and profit estimates on Thursday, boosted by higher prices for its Marie Callender's and Slim Jim brands even as consumer demand wanes under the weight of decades-high inflation.

Q: Why did Conagra Brands stock fall?

Yet it’s gotten cheaper. Conagra Brands stock falls after sales fell more than expected. Shares of Conagra Brands Inc. slumped Thursday, after the parent of food brands including Healthy Choice, Boomchickapop, Duncan Hines and Birds Eye reported quarterly revenue that fell short of forecasts and provided a downbeat profit outlook.

Jul 12, 2024 · ConAgra Analysts Slash Their Forecasts Following Weak Sales. ... ConAgra said sees FY25 organic net sales to be down 1.5% to flat compared to fiscal 2024 and adjusted …

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ConAgra Analysts Slash Their Forecasts Following Weak Sales

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Jul 12, 2024 · ConAgra Analysts Slash Their Forecasts Following Weak Sales. ... ConAgra said sees FY25 organic net sales to be down 1.5% to flat compared to fiscal 2024 and adjusted …

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ConAgra Analysts Slash Their Forecasts Following Weak Sales

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ConAgra Analysts Slash Their Forecasts Following Weak Sales. ... ConAgra said sees FY25 organic net sales to be down 1.5% to flat compared to fiscal 2024 and adjusted EPS between …

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Jul 14, 2024 · Nine analysts updated their forecasts after the release. They decreased their price targets by an average of $1.90. The average target of those analysts now sits at $29.67, …

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ConAgra Analysts Slash Their Forecasts Following Weak Sales

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Jul 12, 2024 · ConAgra Analysts Slash Their Forecasts Following Weak Sales. by Avi Kapoor ... ConAgra said sees FY25 organic net sales to be down 1.5% to flat compared to fiscal 2024 …

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Jul 11, 2024 · The company’s reported net sales decreased by 2.3% and organic net sales decreased by 2.4%. ConAgra said that the decrease was driven by a 0.6% negative impact …

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Oct 6, 2023 · ConAgra Brands Inc NYSE:CAG reported upbeat earnings for its first quarter on Thursday.The company posted quarterly sales of $2.90 billion, flat Y/Y, versus the consensus …

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ConAgra Analysts Slash Their Forecasts Following Weak Sales

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ConAgra Analysts Slash Their Forecasts Following Weak Sales. Company Profile < Back. Share this news. Latest CAG news ... ConAgra said sees FY25 organic net sales to be down 1.5% to …

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FAQs about ConAgra Analysts Slash Their Forecasts Following Weak Sales Coupon?

How will ConAgra's pricing impact its earnings in fiscal 2023?

The company continues to focus on its pricing actions as cost of goods sold inflation is likely to persist in fiscal 2023. Conagra’s quarterly adjusted earnings per share (EPS) came in at 65 cents, a penny ahead of the Zacks Consensus Estimate. ...

Why did ConAgra beat quarterly sales and profit estimates?

(Reuters) -Conagra Brands Inc beat quarterly sales and profit estimates on Thursday, boosted by higher prices for its Marie Callender's and Slim Jim brands even as consumer demand wanes under the weight of decades-high inflation. ...

Why did Conagra Brands stock fall?

Yet it’s gotten cheaper. Conagra Brands stock falls after sales fell more than expected. Shares of Conagra Brands Inc. slumped Thursday, after the parent of food brands including Healthy Choice, Boomchickapop, Duncan Hines and Birds Eye reported quarterly revenue that fell short of forecasts and provided a downbeat profit outlook. ...