Edition:
India

Conagra Brands Inc (CAG.N)

CAG.N on New York Stock Exchange

36.29USD
1 Dec 2020
Change (% chg)

$-0.27 (-0.74%)
Prev Close
$36.56
Open
$36.53
Day's High
$36.59
Day's Low
$36.08
Volume
799,005
Avg. Vol
723,217
52-wk High
$39.34
52-wk Low
$22.86

Latest Key Developments (Source: Significant Developments)

Conagra Brands Reaffirms Fiscal 2020 Guidance
Friday, 15 May 2020 

May 15 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS INC - TOTAL CONAGRA RETAIL SALES UP 37.2% FOR TEN WEEK PERIOD ENDED MAY 3.CONAGRA BRANDS INC - TOTAL CONAGRA SNACKS RETAIL SALES UP 20.4% FOR TEN WEEK PERIOD ENDED MAY 3.CONAGRA BRANDS - TOTAL CONAGRA FROZEN RETAIL SALES UP 29.7% FOR TEN WEEK PERIOD ENDED MAY 3.CONAGRA BRANDS - TOTAL CONAGRA “STAPLES BRANDS” RETAIL SALES UP 53.5% FOR TEN WEEK PERIOD ENDED MAY 3.CONAGRA BRANDS INC - TOTAL CONAGRA SHARE – ALL CONAGRA CATEGORIES UP 18 BASIS POINTS FOR TEN WEEK PERIOD ENDED MAY 3.CONAGRA BRANDS - REAFFIRMING FISCAL 2020 GUIDANCE.  Full Article

USDA Food Safety & Inspection Service Says Conagra Brands Recalls About 130,763 Pounds Of Frozen Not-Ready-To-Eat Chicken Bowl Products
Saturday, 11 Apr 2020 

April 10 (Reuters) - USDA Food Safety and Inspection Service::USDA FOOD SAFETY & INSPECTION SERVICE - CONAGRA BRANDS RECALLS FROZEN NOT-READY-TO-EAT CHICKEN BOWL PRODUCTS DUE TO POSSIBLE FOREIGN MATTER CONTAMINATION.USDA FOOD SAFETY & INSPECTION SERVICE - IDENTIFIES CONAGRA BRANDS' FROZEN NOT-READY-TO-EAT CHICKEN BOWL PRODUCTS RECALL AS CLASS I RECALL.USDA FOOD SAFETY & INSPECTION SERVICE - CONAGRA BRANDS IS RECALLING ABOUT 130,763 POUNDS OF NOT READY-TO-EAT CHICKEN BOWL PRODUCTS.  Full Article

Conagra Brands Updates Fiscal 2020 Outlook Remains Committed To Long-Term Targets
Monday, 17 Feb 2020 

Conagra Brands Inc ::CONAGRA BRANDS UPDATES FISCAL 2020 OUTLOOK; REMAINS COMMITTED TO LONG-TERM TARGETS.SEES FY 2020 ADJUSTED EARNINGS PER SHARE $2.00 TO $2.07 FROM CONTINUING OPERATIONS.EXPECTS FISCAL 2020 ORGANIC NET SALES GROWTH TO BE FLAT TO 0.5%.REAFFIRMING COMMITMENT TO ACHIEVING OUR FISCAL 2021 DELEVERAGING AND DELIVERING ON LONG-TERM FISCAL 2022 TARGETS.CONAGRA BRANDS - REVISING ITS FISCAL 2020 OUTLOOK AS A RESULT OF SOFTER THAN EXPECTED CATEGORY PERFORMANCE DURING CO'S FISCAL Q3.EXPECT A RESUMPTION OF YEAR-OVER-YEAR ORGANIC NET SALES GROWTH IN OUR FOURTH FISCAL QUARTER.SEES FY22 TARGET OF ADJUSTED DILUTED EPS FROM CONTINUING. OPERATIONS. $2.66 TO $2.76.SEES 2020 FREE CASH FLOW OF ABOUT $950 MILLION.SEES 2020 REPORTED NET SALES GROWTH OF POSITIVE 10.0% TO POSITIVE 10.5%.FY EARNINGS PER SHARE VIEW $2.11, REVENUE VIEW $10.71 BILLION -- REFINITIV IBES DATA.  Full Article

Conagra Brands Announces Sustainable Packaging Goal
Wednesday, 22 Jan 2020 

Jan 22 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS ANNOUNCES SUSTAINABLE PACKAGING GOAL.CONAGRA BRANDS - AIMS TO REDUCE OVERALL USE OF PLASTIC AND MAKE 100% OF CURRENT PLASTIC PACKAGING RENEWABLE, RECYCLABLE OR COMPOSTABLE BY 2025.  Full Article

Soros Fund Management Dissolves Share Stake in Conagra Brands, Allergan
Friday, 15 Nov 2019 

Nov 14 (Reuters) - SOROS FUND MANAGEMENT LLC::SOROS FUND MANAGEMENT LLC REPORTS STAKE OF 1.6 MILLION CLASS A SHARES OF PELOTON INTERACTIVE INC.SOROS FUND MANAGEMENT CUTS SHARE STAKE IN VISA INC BY 36% TO 28,749 SHARES.SOROS FUND MANAGEMENT LLC TAKES A STAKE OF 61,600 CLASS A SHARES IN TYSON FOODS INC.SOROS FUND MANAGEMENT LLC TAKES A STAKE OF 105,074 CLASS A SHARES IN BLACKSTONE GROUP INC.SOROS FUND MANAGEMENT LLC DISSOLVES SHARE STAKE IN CONAGRA BRANDS INC.SOROS FUND MANAGEMENT UPS SHARE STAKE IN NAVIENT CORPORATION BY 56.7% TO 449,043 SHARES.SOROS FUND MANAGEMENT CUTS SHARE STAKE IN D R HORTON INC BY 17.8% TO 1.35 MILLION SHARES.SOROS FUND MANAGEMENT DISSOLVES SHARE STAKE IN ALNYLAM PHARMACEUTICALS INC.SOROS FUND MANAGEMENT LLC DISSOLVES SHARE STAKE IN ALLERGAN PLC - SEC FILING.SOROS FUND MANAGEMENT LLC - CHANGE IN HOLDINGS ARE AS OF SEPTEMBER 30, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF JUNE 30, 2019.  Full Article

Conagra Brands Enters Into Definitive Agreement To Sell Direct Store Delivery Snacks Business To Utz Quality Foods
Wednesday, 11 Sep 2019 

Sept 11 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS ENTERS INTO DEFINITIVE AGREEMENT TO SELL DIRECT STORE DELIVERY SNACKS BUSINESS TO UTZ QUALITY FOODS, LLC.CONAGRA BRANDS INC - FINANCIAL TERMS WERE NOT DISCLOSED..CONAGRA BRANDS INC - SALE INCLUDES TIM'S CASCADE SNACKS, HAWAIIAN SNACKS, ERIN'S, SNYDER OF BERLIN AND HUSMAN'S BRANDS.  Full Article

Conagra Reached An Agreement To Resolve Matters Relating To Remediating Pre-1951 Homes
Friday, 19 Jul 2019 

July 19 (Reuters) - Conagra Brands Inc ::CONAGRA - AS OF JULY 10, REACHED AN AGREEMENT IN PRINCIPLE TO RESOLVE CONAGRA GROCERY PRODUCTS MATTERS RELATING TO REMEDIATING PRE-1951 HOMES.CONAGRA - CONAGRA GROCERY PRODUCTS WILL PAY A TOTAL OF $101.7 MILLION IN 7 INSTALLMENTS TO BE PAID ANNUALLY FROM FISCAL 2020 THROUGH FISCAL 2026.  Full Article

Conagra Brands Announces Quarterly Dividend Payment
Thursday, 18 Jul 2019 

July 17 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS ANNOUNCES QUARTERLY DIVIDEND PAYMENT.CONAGRA BRANDS INC - APPROVED A QUARTERLY DIVIDEND PAYMENT OF $0.2125 PER SHARE OF CAG COMMON STOCK TO BE PAID ON AUGUST 29, 2019.CONAGRA BRANDS INC - APPROVED A QUARTERLY DIVIDEND PAYMENT OF $0.2125 PER SHARE OF CAG COMMON STOCK TO BE PAID ON AUGUST 29, 2019.  Full Article

Gardein A Brand Of Conagra Brands Inc To Add New Items To Its Plant-Based Line-Up
Wednesday, 17 Jul 2019 

July 17 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS INC - GARDEIN IS EXPANDING ITS LINE OF MEAT-FREE DISHES, INCLUDING NEW ITEMS THAT FEATURE PEA AND WHEAT PROTEIN.  Full Article

Conagra Brands To Divest Gelit
Monday, 6 May 2019 

May 6 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS ENTERS INTO DEFINITIVE AGREEMENT TO DIVEST GELIT.CONAGRA BRANDS INC - FINANCIAL TERMS WERE NOT DISCLOSED..CONAGRA BRANDS INC - TO DIVEST GELIT TO AN ITALIAN INVESTMENT COMPANY OWNED BY CONSILUM SGR S.P.A., PROGRESSIO SGR S.P.A., AND MMM S.R.L.CONAGRA BRANDS -DEAL SUBJECT TO CUSTOMARY CLOSING CONDITIONS AND INCLUDES SALE OF CONAGRA BRANDS' ENTIRE EQUITY INTEREST IN GELIT S.R.L..CONAGRA BRANDS - REFERENCE SHAREHOLDER OF THE ITALIAN INVESTMENT CO OWNED BY CONSILUM SGR S.P.A., PROGRESSIO SGR S.P.A., & MMM S.R.L IS MASSIMO MENNA.  Full Article

UPDATE 2-Conagra says retailer order boom may ease after big quarter

Oct 1 Conagra Brands Inc put better-than-expected first quarter sales on Thursday down to heavy ordering by retailers worried about the durability of supply chains in the months ahead as a second wave of coronavirus cases takes hold.