CAG news

Conagra Brands reported a 1.4% decrease in net sales to $2.6 billion and increased diluted EPS by 5.9% for Q1 FY 2027, while reaffirming its fiscal 2027 sales and profit guidance.

Conagra Brands entered underwriting agreements for the sale of $500 million aggregate principal amount of 5.400% Senior Notes due 2031. This secondary debt offering underscores the company's continued capital management strategy.

Conagra Brands reported adjusted EPS of $0.47 but cut its annualized dividend to $0.70 per share to shore up financial flexibility. Despite net sales declines, the company maintained fiscal 2027 guidance targeting margin stabilization.