From Nasdaq: 2025-02-17 09:38:01

Conagra Brands Inc. (CAG) has lowered its fiscal year 2025 outlook due to temporary service constraints and the impact of foreign exchange. The company experienced customer service interruptions in the third quarter, mainly on frozen meals with chicken and vegetables. As a result, adjusted earnings per share are expected to be around $2.35, down from the previous estimate of $2.45 to $2.50. Analysts predict earnings of $2.46 per share for fiscal year 2025. Conagra Brands also revised its projection for annual organic net sales growth to be down 2%. Visit rttnews.com for more earnings updates.



Read more at Nasdaq: Conagra Brands Cuts FY25 Outlook; Maintains Long-term Targets