No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 1, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Conagra Reaffirms Outlook Even As Tariffs Add To Inflation

by TheAdviserMagazine
3 hours ago
in Business
Reading Time: 3 mins read
A A
Conagra Reaffirms Outlook Even As Tariffs Add To Inflation
Share on FacebookShare on TwitterShare on LInkedIn


Conagra Brands Inc. (NYSE:CAG) on Wednesday posted first-quarter fiscal 2026 results that topped Wall Street expectations but showed year-over-year declines.

Conagra Brands has a diverse portfolio of popular food products, including frozen meals, snacks, and pantry staples. Some of their most recognized brands are Birds Eye, Healthy Choice, Marie Callender’s, Reddi-wip, Slim Jim, and Hunt’s.

The company reported net sales of $2.63 billion, down 5.8% from the prior-year period, while adjusted earnings per share of 39 cents fell 26.4%.

Also Read: Wall Street’s Most Accurate Analysts Give Their Take On 3 Risk Off Stocks Delivering High-Dividend Yields

Wall Street analysts had expected net sales of $2.62 billion and earnings of 33 cents per share.

The decline in net sales reflected a 5.1% drag from mergers and acquisitions, a 0.6% drop in organic sales, and a minor 0.1% foreign exchange impact.

Within organic sales, a 0.6% price/mix benefit, helped by favorable trade expense timing and product mix, was more than offset by a 1.2% decline in volume.

Conagra reported cash and cash equivalents of $698.1 million at the end of the first quarter of fiscal 2026.

Sean Connolly, president and chief executive officer of Conagra Brands, commented, “We successfully delivered on key supply chain objectives, fully restored service levels, and advanced our portfolio reshaping which enabled us to further reduce net debt.”

View more earnings on CAG

“While the operating environment remains dynamic with ongoing inflationary pressure and cautious consumer sentiment, our focus remains on disciplined execution and balanced capital allocation. Today, we are reaffirming our fiscal 2026 guidance,” he added.

Segment results highlighted broad-based weakness. Grocery & Snacks revenue fell 8.7% to $1.1 billion, including a 1.0% decline in organic net sales, as a 0.6% price/mix gain was more than offset by a 1.6% drop in volume.

Refrigerated & Frozen sales slipped 0.9% to $1.1 billion. However, organic net sales rose 0.2%, reflecting a 0.5% increase in volume against a 0.3% decline in price/mix, helped by easier comparisons from last year’s Hebrew National supply constraints.

International segment revenue declined 18% to $212 million, with organic net sales down 3.5% as a 1.7% price/mix increase was offset by a 5.2% volume drop.

Foodservice sales dipped 0.8% to $264 million, while organic net sales rose 0.2%, driven by a 3.8% price/mix gain that was primarily offset by a 3.6% decline in volume.

For fiscal 2026, the company reaffirmed guidance, projecting organic net sales growth between -1% and 1%, an adjusted operating margin of 11.0%–11.5%, and adjusted EPS of $1.70–$1.85. Interest expense is expected to reach about $390 million, with an adjusted tax rate of roughly 24%.

The outlook incorporates continued cost inflation, with core inflation slightly above 4% and tariffs adding roughly 3% annually to cost of goods sold, pushing total inflation into the low 7% range.

Tariff assumptions include a 50% duty on imported tin plate steel and aluminum, 30% on select imports from China, and additional country-specific rates.

The company plans to offset these pressures through cost savings, alternative sourcing, and targeted pricing.

Price Action: CAG shares were trading higher by 3.56% to $18.96 at last check Wednesday.

Read Next:

Photo by Jonathan Weiss via Shutterstock

Up Next: Transform your trading with Benzinga Edge’s one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today’s competitive market.

Get the latest stock analysis from Benzinga?

This article Conagra Reaffirms Outlook Even As Tariffs Add To Inflation originally appeared on Benzinga.com

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.



Source link

Tags: AddConagrainflationOutlookreaffirmsTariffs
ShareTweetShare
Previous Post

NEOs ETFs: The new Income machine

Next Post

The 5 Best Gold Mining Stocks to Buy Now

Related Posts

edit post
AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years

AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years

by TheAdviserMagazine
October 1, 2025
0

The so-called “godfather of AI”, Yoshua Bengio, claims tech companies racing for AI dominance could be bringing us closer to...

edit post
I’m the CEO of an AI startup that finds blind spots in visual data. If missed, it can cripple your AI models

I’m the CEO of an AI startup that finds blind spots in visual data. If missed, it can cripple your AI models

by TheAdviserMagazine
October 1, 2025
0

Every company wants to make breakthroughs with AI. But if your data is bad, your AI initiatives are doomed from...

edit post
SIPs for first-timers, lumpsums for veterans in JioBlackRock Flexi Cap Fund: Rishi Kohli

SIPs for first-timers, lumpsums for veterans in JioBlackRock Flexi Cap Fund: Rishi Kohli

by TheAdviserMagazine
October 1, 2025
0

Amid current economic indicators and shifting geopolitical dynamics, Rishi Kohli, CIO of JioBlackRock Mutual Fund, recommends that first time investors...

edit post
MODEC secures full EPCI contract to deliver FPSO for Hammerhead project

MODEC secures full EPCI contract to deliver FPSO for Hammerhead project

by TheAdviserMagazine
October 1, 2025
0

MODEC has secured the full engineering, procurement, construction and installation (EPCI) contract to deliver a floating production, storage and offloading...

edit post
We’re not in an ‘AI winter’—but here’s how to survive a cold snap

We’re not in an ‘AI winter’—but here’s how to survive a cold snap

by TheAdviserMagazine
October 1, 2025
0

Over the nearly three years since ChatGPT’s launch in November 2022, generative AI has created a frenzy that has radiated...

edit post
Trump’s high tariffs on several countries to hold back US economic growth: Harvard economist Kenneth Rogoff

Trump’s high tariffs on several countries to hold back US economic growth: Harvard economist Kenneth Rogoff

by TheAdviserMagazine
October 1, 2025
0

Harvard University economist Kenneth Rogoff on Wednesday said the high tariffs on several countries, including India, and the steep H-1B...

Next Post
edit post
The 5 Best Gold Mining Stocks to Buy Now

The 5 Best Gold Mining Stocks to Buy Now

edit post
October Mortgage Interest Rate Forecast

October Mortgage Interest Rate Forecast

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years

AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years

0
edit post
AI Agents Have Entered the Real World

AI Agents Have Entered the Real World

0
edit post
What is an Offer in Compromise (OIC)?

What is an Offer in Compromise (OIC)?

0
edit post
NEOs ETFs: The new Income machine

NEOs ETFs: The new Income machine

0
edit post
October Mortgage Interest Rate Forecast

October Mortgage Interest Rate Forecast

0
edit post
Meet the end-of-life planning startup co-founded by NBA All Star Russell Westbrook

Meet the end-of-life planning startup co-founded by NBA All Star Russell Westbrook

0
edit post
AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years

AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years

October 1, 2025
edit post
AI Agents Have Entered the Real World

AI Agents Have Entered the Real World

October 1, 2025
edit post
Meet the end-of-life planning startup co-founded by NBA All Star Russell Westbrook

Meet the end-of-life planning startup co-founded by NBA All Star Russell Westbrook

October 1, 2025
edit post
October Mortgage Interest Rate Forecast

October Mortgage Interest Rate Forecast

October 1, 2025
edit post
The 5 Best Gold Mining Stocks to Buy Now

The 5 Best Gold Mining Stocks to Buy Now

October 1, 2025
edit post
Conagra Reaffirms Outlook Even As Tariffs Add To Inflation

Conagra Reaffirms Outlook Even As Tariffs Add To Inflation

October 1, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years
  • AI Agents Have Entered the Real World
  • Meet the end-of-life planning startup co-founded by NBA All Star Russell Westbrook
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.