Welcome to our dedicated page for Conagra Brands news (Ticker: CAG), a resource for investors and traders seeking the latest updates and insights on Conagra Brands stock.
Conagra Brands Inc (NYSE: CAG) is a leading North American packaged food company behind iconic brands like Birds Eye, Healthy Choice, and Marie Callender's. This news hub provides investors and stakeholders with timely updates on corporate developments, financial performance, and strategic initiatives shaping the frozen foods and consumer goods sectors.
Access official press releases, earnings reports, and operational updates in one centralized location. Track quarterly financial results, product innovation announcements, and supply chain advancements alongside updates on sustainability efforts and leadership changes. Our curated collection ensures transparent access to material information impacting CAG's position in the competitive packaged foods market.
Discover updates across key business areas including retail distribution partnerships, foodservice channel expansions, and technology-driven manufacturing improvements. Content is rigorously maintained to serve as a reliable resource for analyzing Conagra's market trajectory and operational decisions.
Bookmark this page for streamlined monitoring of CAG's corporate communications. Combine these verified updates with broader market analysis to inform your perspective on this consumer staples leader.
Conagra Brands, Inc. (NYSE: CAG) announced a quarterly dividend of $0.33 per share, set for payment on March 2, 2023. This dividend will be distributed to stockholders on record as of January 30, 2023. Conagra continues to evolve its portfolio, focusing on innovation and catering to changing food preferences.
Conagra Brands announced the successful completion of its annual "United for Change" employee giving campaign, raising over $530,000. The funds will benefit United Way, the ACLU, and Human Rights Watch, focusing on issues like poverty and social justice. Over 2,300 employees participated, enhancing community awareness and supporting vital programs. The campaign emphasizes employee engagement and community relationships, with matching contributions from the Conagra Brands Foundation.
Conagra Brands, Inc. (NYSE: CAG) will hold a webcast and conference call on January 5, 2023, at 9:30 a.m. ET, to discuss its fiscal 2023 second quarter results. The earnings news release will be available at 7:30 a.m. ET the same day. Interested parties can access the live event via the company's investor relations website, with a replay available until January 5, 2024. Conagra is recognized for its extensive portfolio of food brands, catering to evolving consumer preferences.
Marie Callender's, a brand under Conagra (NYSE: CAG), promotes the enjoyment of their popular frozen pot pies during the upcoming Thanksgiving soccer matches against Wales and England. The campaign encourages American fans to adopt British traditions by savoring hearty meat pies during the games. With busy schedules, Marie Callender's pot pies, including Chicken Pot Pie and a new Cauliflower Crust option, offer convenience and flavor. The brand aims to create a new matchday tradition this Thanksgiving week, appealing to both diehard supporters and casual fans.
Conagra Brands recently celebrated America Recycles Day by honoring 17 of its facilities achieving Zero Waste Champion status. These facilities diverted over 183,000 tons of waste, protecting the environment by recycling and donating products. The initiative underscores Conagra's commitment to sustainable practices, having operated the program for more than 10 years. Recognized locations span the US, Canada, and Mexico, emphasizing their dedication to reducing landfill waste and greenhouse gas emissions.
Conagra Brands (NYSE: CAG) announces the return of the limited-edition Swiss Miss Holiday Sweater for the 2022 season, available for purchase starting November 3, 2022, for $59.95. The sweater features a reversible sequin design, allowing wearers to switch messages from 'I am hot' to 'I am sweet.' It is scented with hot cocoa aroma and includes an insulated pocket for thermoses. This seasonal promotion aims to attract hot cocoa enthusiasts and enhance brand visibility during the holiday period. The availability is limited, emphasizing urgency for potential buyers.
Conagra Brands, owner of Orville Redenbacher's, has partnered with Hallmark Channel to launch the "Snack, Watch and Win" Sweepstakes. The grand prize includes a home theater package valued at $6,000, alongside a year’s supply of Orville Redenbacher's popcorn. Additionally, a total of 50 first prize winners will receive popcorn and a Hallmark movie DVD. The sweepstakes runs until December 31, 2022, and requires no purchase for entry. This marks the fourth consecutive year of collaboration between the two brands, focusing on enhancing festive movie experiences.
Conagra Brands, Inc. (CAG) reported a strong first quarter for fiscal 2023 with net sales of $2.9 billion, up 9.5% year-over-year. Organic net sales rose 9.7%, driven by a 14.3% increase in price/mix, despite a 4.6% volume decline due to inflationary pressures. The adjusted operating margin was 13.7%, and adjusted EPS hit $0.57, a 14.2% increase in net income. The company reaffirmed its fiscal 2023 guidance, expecting organic net sales growth of 4-5% and adjusted EPS growth of 1-5%. However, an impairment charge of $386 million impacted overall earnings.
Conagra Brands, Inc. (NYSE: CAG) announced a quarterly dividend of $0.33 per share, payable on December 1, 2022. This dividend is for stockholders on record as of the close of business on November 3, 2022.
This announcement reflects Conagra's commitment to returning value to its shareholders amidst evolving market conditions.
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