ConAgra Brands (CAG) Falls After Lowering FY20 Outlok
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Conagra Brands Updates Fiscal 2020 Outlook; Remains Committed To Long-Term Targets
February 17, 2020 9:00 AM ESTCHICAGO, Feb. 17, 2020 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced that it is revising its fiscal 2020 outlook as a result of softer than expected category performance during the company's fiscal third quarter, which ends on February 23, 2020. Third quarter consumption declines have impacted a wide range of categories across the food industry, including categories in which Conagra Brands competes.
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