 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
Conagra Brands, Inc. (CAG) operates as a consumer packaged goods food company in North America. 
The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice.
The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels in the United States.
The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels in the United States.
The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States.
The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments in the United States.
The company sells its products under the Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera brands.
On January 5th, CAG reported 2nd Quarter November 2022 earnings of $0.81 per share on revenue of $3.3 billion. The consensus earnings estimate was $0.66 per share on revenue of $3.3 billion.
Guided Higher: The company said it expects fiscal 2023 earnings of $2.60 to $2.70 per share on revenue of $12.34 billion to $12.46 billion. The company's previous guidance was earnings of $2.38 to $2.49 per share on revenue of $12.00 billion to $12.11 billion and the current consensus earnings estimate is $2.46 per share on revenue of $12.21 billion for the year ending May 31, 2023. Higher share prices are expected.
We will trade February 17th Options
Last Trade: $40.90
Trading Range: $30.06 - $41.03
Trade
Profit/Loss Analysis
Closing Summary
|
|
