RBC Capital Raises Price Target on ConAgra Foods (CAG) Following In-Line 4Q
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CAG: Continued Margin Progress Drives Q4 EPS as Planned; Fiscal 2016 Portfolio, Margin, Balance Sheet Progress Sets Strong Foundation
June 30, 2016 7:30 AM EDTCONAGRA BRANDS AND LAMB WESTON TO OUTLINE FISCAL 2017 AND LONG-TERM FINANCIAL GOALS AT INVESTOR EVENTS
CHICAGO--(BUSINESS WIRE)-- Today ConAgra Foods, Inc. (NYSE: CAG) reported results for the fiscal 2016 fourth quarter ended May 29, 2016.
Highlights (% cited indicates change vs. year-ago amounts, where applicable. SG&A refers to selling, general, and administrative expense, and COGS refers to cost of goods sold)
As reported, diluted EPS from continuing operations for the fourth quarter of fiscal 2016 was $(0.07), reflecting a charge for the... More