Conagra faces supply chain disruptions, cuts 2025 outlook, but retail sentiment remains optimistic.
From StockTwits: 2025-02-18 00:20:28
Conagra Brands Inc. (CAG) faced supply constraints in the third quarter for frozen meals with chicken and frozen vegetables, leading to a cut in its annual earnings per share and operating margin forecast. Despite challenges, retail sentiment remained optimistic. The company also dealt with foreign exchange-related issues affecting adjusted EPS. Manufacturing challenges at a chicken facility and high demand for frozen vegetables contributed to the disruptions. Conagra now expects a 2% decline in net sales for 2025, with EPS lowered to $2.35. Stocktwits sentiment for CAG improved, with message volume increasing. Conagra Brands’ CEO remains optimistic about long-term success.
Read more at StockTwits: Conagra Stock’s Retail Following Stays Optimistic Even After Supply Chain Disruptions Prompt 2025 Outlook Cut