Conagra Q4 Earnings Disappoint, Stock Falls 23.7%

Conagra Brands, Inc. (CAG) reported a 4.3% decline in net sales to $2.78B and an 8.2% drop in EPS for Q4, missing estimates. Organic sales fell 3.5% due to softer demand and unfavorable price/mix. The company expects FY26 EPS of $1.70-$1.85 and organic sales growth between -1% and 1%.

Quarterly adjusted EPS for Conagra was 56 cents, missing estimates, while net sales declined 4.3% to $2,781.8 million. Adjusted gross profit fell 10.7% to $717 million, with a gross margin of 25.8%. The company also declared a quarterly dividend of 35 cents per share.

Looking ahead to FY26, Conagra anticipates negative 1% to positive 1% organic net sales growth and adjusted earnings between $1.70 and $1.85 per share. The company’s stock has fallen 23.7% in the past three months.

Post Holdings, Inc. (POST) and TreeHouse Foods, Inc. (THS) are Zacks Rank #1 stocks with positive growth estimates, while BRF S.A. (BRFS) has a Zacks Rank of 2 with growth expectations for sales and earnings.

Read more at Zacks Investment Research: Conagra Q4 Earnings Miss Estimates, Sales Decline 4.3% Y/Y – July 10, 2025