CAG forecasts annual profit below estimates on higher commodity costs and frugal consumer spending as expects FY27 adj. EPS of $1.40-$1.50 b
CAG forecasts annual profit below estimates on higher commodity costs and frugal consumer spending as expects FY27 adj. EPS of $1.40-$1.50 below estimates of $1.59 and sees FY27 organic net sales to drop 1%-3% versus 0.4% decrease in FY26; the Co also halved its dividend to $0.70 per share; shares -6% premarket on guidance and dividend
CAG forecasts annual profit below estimates on higher commodity costs and frugal consumer spending as expects FY27 adj.
EPS of $1.40-$1.50 below estimates of $1.59 and sees FY27 organic net sales to drop 1%-3% versus 0.4% decrease in FY26; the Co also halved its dividend to $0.70 per share; shares -6% premarket on guidance and dividend