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Date | Price Target | Rating | Analyst |
---|---|---|---|
3/24/2025 | $27.00 | Equal-Weight | Morgan Stanley |
2/24/2025 | $33.00 → $26.00 | Buy → Neutral | Goldman |
8/12/2024 | $36.00 | Buy | Goldman |
2/1/2024 | $30.00 | Neutral | Citigroup |
12/12/2023 | $31.00 | Equal Weight | Wells Fargo |
12/11/2023 | Outperform → In-line | Evercore ISI | |
9/13/2023 | $32.00 | Market Perform | TD Cowen |
7/17/2023 | $46.00 → $37.00 | Overweight → Equal-Weight | Morgan Stanley |
4 - CONAGRA BRANDS INC. (0000023217) (Issuer)
GREENWICH, Conn., May 1, 2025 /PRNewswire/ -- Brynwood Partners IX L.P. announced today that its portfolio company, Hometown Food Company, has entered into a definitive agreement to acquire the Chef Boyardee® brand for $600 million from Conagra Brands, Inc. (NYSE:CAG). The transaction includes the 820,000 square foot facility in Milton, PA, as well as all assets and operations dedicated to the Chef Boyardee brand. The transaction is expected to close in the second quarter of 2025, subject to customary U.S. regulatory review. Chef Boyardee is an iconic American brand and catego
Divestiture Supports Conagra's Efforts to Reshape its Portfolio CHICAGO, May 1, 2025 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE:CAG) announced that it has entered into a definitive agreement with Hometown Food Company, a portfolio company of Brynwood Partners, to divest its iconic line of Chef Boyardee® brand shelf-stable products including its classic, convenient, ready-to-eat pasta meals. The transaction includes the manufacturing facility in Milton, Pa., as well as all assets and operations dedicated to the Chef Boyardee shelf-stable products with the exception of frozen skillet meals, which will be licensed by Hometown Food Company to Conagra. The Chef Boyardee products that are
CHICAGO, April 29, 2025 /PRNewswire/ -- Conagra Brands, Inc. (NYSE:CAG) will attend the Goldman Sachs Global Staples Forum on Tuesday, May 13. Sean Connolly, president and chief executive officer of Conagra Brands, and Dave Marberger, executive vice president and chief financial officer, will participate in a fireside chat beginning at 8:55 a.m. ET. A live video webcast of the discussion will be available on conagrabrands.com/investor-relations under Events & Presentations. A replay of the webcast will be available until Nov. 13, 2025. About Conagra Brands Conagra Brands,
4 - CONAGRA BRANDS INC. (0000023217) (Issuer)
4 - CONAGRA BRANDS INC. (0000023217) (Issuer)
4 - CONAGRA BRANDS INC. (0000023217) (Issuer)
CHICAGO, April 3, 2025 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE:CAG) reported results for the third quarter of fiscal year 2025, which ended on February 23, 2025. All comparisons are against the prior year fiscal period, unless otherwise noted. Highlights Reported net sales decreased 6.3%; organic net sales decreased 5.2%.Reported operating margin was 8.4% representing a 712 basis point decrease. Adjusted operating margin was 12.7% representing a 369 basis point decrease.Reported diluted earnings per share (EPS) was $0.30, a 53.1% decrease. Adjusted EPS was $0.51, a 26
CHICAGO, April 2, 2025 /PRNewswire/ -- Conagra Brands, Inc. (NYSE:CAG) today announced that its Board of Directors approved a quarterly dividend payment of $0.35 per share of CAG common stock to be paid on May 29, 2025 to stockholders of record as of the close of business on April 28, 2025. Conagra Brands, Inc. has paid consecutive quarterly dividends since January 1976. About Conagra Brands Conagra Brands, Inc. (NYSE:CAG), is one of North America's leading branded food companies. We combine a 100-year history of making quality food with agility and a relentless focus on coll
Updated Fiscal 2025 Outlook Reflects Temporary Service Constraints and Impact of Foreign Exchange; Long-Term Targets Unchanged CHICAGO, Feb. 17, 2025 /PRNewswire/ -- Conagra Brands, Inc. (NYSE:CAG) announced that its upcoming presentation at the annual Consumer Analyst Group of New York (CAGNY) Conference will detail Conagra's advantaged market position, perspective on the evolving consumer environment, and unique focus on the science of growth. Conagra will also preview a series of new innovations expected to launch in calendar year 2025 and provide detail on its updated fiscal 2025 financial guidance.
Morgan Stanley initiated coverage of Conagra with a rating of Equal-Weight and set a new price target of $27.00
Goldman downgraded Conagra from Buy to Neutral and set a new price target of $26.00 from $33.00 previously
Goldman initiated coverage of Conagra with a rating of Buy and set a new price target of $36.00
SC 13G/A - CONAGRA BRANDS INC. (0000023217) (Subject)
SC 13G - CONAGRA BRANDS INC. (0000023217) (Subject)
SC 13G/A - CONAGRA BRANDS INC. (0000023217) (Subject)
Limited-Edition Pickleball Gear Now Available While Supplies Last CHICAGO, May 7, 2024 /PRNewswire/ -- Pickleball season is here and Vlasic® Pickles, a brand of Conagra Brands, Inc. (NYSE:CAG), is teaming up with Sprints®, the fun-loving performance accessories brand, and Tervis®, the iconic insulated tumbler brand, in a limited-edition collaboration that will make your pickleball game look as good as it tastes. The collection includes a range of pickleball equipment and accessories that will make you the envy of your playing partners. "America's fastest growing sport – pickle
CHICAGO, April 29, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE:CAG) today announced the appointment of Noelle O'Mara as executive vice president & president, New Platforms and Acquisitions effective May 6. In this role, O'Mara will have responsibility for identifying and scaling new organic growth platforms and acquisitions. This work will span strategy, product innovation, commercialization, synergy capture, and in-market execution. "Noelle's leadership and track record of delivering results will be instrumental in advancing Conagra's ambition to further scale emerging br
TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Iconic popcorn snacks from Conagra Brands, Inc., Orville Redenbacher® and Angie's® BOOMCHICKAPOP®, are here to help Canadians break up the winter doldrums by embracing fun with popcorn during this year's National Popcorn Day on January 19th. Arriving during the cold, dark days of January when Canadians need a pop of fun the most, this year's National Popcorn Day theme has been designated "Top Your Pop" by Orville Redenbacher® and Angie's® BOOMCHICKAPOP®. Canadians are invited to find even more fun and joy in one of their favourite snacks by experimenting with delicious, trending, and imaginative popcorn toppings and flavour combinations. Tangy p
8-K - CONAGRA BRANDS INC. (0000023217) (Filer)
8-K - CONAGRA BRANDS INC. (0000023217) (Filer)
10-Q - CONAGRA BRANDS INC. (0000023217) (Filer)