Conagra Q1 adjusted EPS $0.36 and revenue $2,595.9 million
Conagra reported Q1 adjusted EBIT margin of 11.5%, Q1 EPS of $0.36 and Q1 revenue of $2,595.9 million versus estimates of $2,590 million and EPS estimate of $0.28.
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11:37:50 AM UTC
SquawkNews
Conagra Brands posted Q1 FY27 net income of $174.3 million, up 6%, while diluted EPS rose 6% to $0.36. Net sales fell to $2.6 billion, and operating profit dropped to $268.4 million; operating margin narrowed to 10.3%. Equity method investment earnings jumped 72% to $50.4 million, and net interest expense edged down to $91.8 million. CEO John Brase said results were “largely in line with expectations” and profit was ahead of expectations, reaffirming FY27 guidance. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Conagra Brands Inc. published the original content used to generate this news brief via (Ref. ID: 202609300730PR_NEWS_USPR_____LA59664) on September 30, 2026, and is solely responsible for the information contained therein. (C)
11:38:40 AM UTC
SquawkNews
Sept 30 (Reuters) — Conagra Brands beat Wall Street estimates for first-quarter profit on Wednesday, helped by resilient demand for pantry staples such as Slim Jim meat snacks. The company reported quarterly adjusted earnings per share of 41 cents, compared with analysts' estimates of 28 cents, according to data compiled. (Reporting by Koyena Das in Bengaluru; Editing by Jonathan Ananda) ((koyena.das@thomsonreuters.com)
11:45:55 AM UTC
SquawkNews
(Adds shares in paragraph 2 and further details throughout) Sept 30 (Reuters) — Conagra Brands beat Wall Street estimates for first-quarter profit and sales on Wednesday, helped by resilient demand for pantry staples such as its Slim Jim meat snacks. Shares of the Hunt's ketchup-maker were up 2% in premarket trading. Budget-conscious consumers have continued to prepare more meals at home rather than dining out as they navigate elevated costs of living amid soaring oil prices and economic uncertainty, supporting demand for packaged food companies such as Conagra. The company reported quarterly adjusted earnings per share of 41 cents, compared with analysts' estimates of 28 cents, according to data compiled. Conagra's net sales came in at $2.60 billion for the quarter ended August 30, compared with estimates of $2.59 billion. The company also reaffirmed its annual sales and profit forecasts. (Reporting by Koyena Das in Bengaluru; Editing by Jonathan Ananda) ((koyena.das@thomsonreuters.com)
11:47:18 AM UTC
SquawkNews
* Shares of packaged food company Conagra Brands up ~2% at $14.48 premarket * Co posts Q1 net sales of $2.60 billion, narrowly beating analysts' estimates of $2.59 billion, while adjusted EPS of 41 cents beats expectations of 28 cents - data compiled * Reports 2.6% decline in its grocery and snacks segment compared to an 8.7% fall a year earlier, as demand for pantry staples such as its Slim Jim meat snacks picks up * Co maintains annual organic net sales forecast of between a 1% and 3% fall and adj. EPS forecast of between $1.40 and $1.50 * "There is more work to be done," CEO John Brase says, citing a challenging operating environment * As of last close, stock down about 18% YTD (Reporting by Shania S Thomas and Neil J Kanatt in Bengaluru) ((shanias.thomas@thomsonreuters.com)
5%. 9 million vs. estimate USD 2,590 million