Conagra Brands cuts annual forecasts on sluggish demand recovery

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Go back to Conagra Brands cuts annual forecasts on sluggish demand recovery

ConAgra Brands (CAG) shares slide as full-year EPS guidance misses consensus

January 4, 2024 8:03 AM EST

ConAgra Brands (NYSE: CAG) shares are down over 2% premarket Thursday after the company reported earnings for its latest quarter, with EPS guidance coming in lower-than-anticipated.

The company reported Q2 EPS of $0.71, $0.03 better than the analyst estimate of $0.68, while revenue for the quarter came... More