Conagra Brands is a U.S. company, headquartered in Chicago, Ill. For fiscal Q3, the Chicago-based company now forecasts it adjusted per-share earnings to fall in the range of 41.35 pence per share to 44.30 pence per share. International unit sales rose 7% during the quarter to $250 million. It operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. About Conagra Brands Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food companies. CPG companies introduce innovation with a cause. Conagra Brands (CAG) - Get Report, parent of iconic food brands like Hunt's and Vlasic, reported fiscal-second-quarter earnings per share rose 45% ⦠Conagra makes and sells products under various brand names that are available in supermarkets, restaurants, and food service establishments. In the comparable quarter of last year, it had posted a significantly lower £192.34 million of net income or 39.13 pence per share. 14 Conagra Brands jobs available in Chicago, IL on Indeed.com. The packaged foods company topped analysts' estimates for sales and earnings. Supply chain constraints had been a drag on the Birds Eye business, but with those issues resolved brand performance accelerated, according to the company. Conagra Brands gives generously to support the communities where our employees live and work, helping those in need. The Chicago ⦠A free inside look at company reviews and salaries posted anonymously by employees. CHICAGO - Today Conagra Brands, Inc. (NYSE: CAG) reported results for the second quarter of fiscal year 2021, which ended on November 29, 2020.All comparisons are against the prior-year fiscal period, unless otherwise noted. 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Sign-up for the Invezz newsletter, today. In comparison, analysts expect 54.64 pence of adjusted EPS for the NYSE listed company in the current quarter and 6.1% year over year growth in sales, as per FactSet. Do we have confirmation of Apple’s car ambitions thanks to Hyundai? Conagra estimates an up to 8% growth in the third-quarter organic net sales. Chef Rebekah Ziesmer with Conagra Brands joined ABC 7 Chicago Thursday to show off some recipes. “We continue to build on our momentum, and our Q2 results exceeded our expectations across the board,” said Sean Connolly, president and chief executive officer, during a Jan. 7 conference call with securities analysts to discuss the results. We use cookies to provide you with a better experience. Ziesmer showed how to make a Dark Chocolate Sea ⦠“Historically, this portfolio has served as a source of cash for us, but it hasn’t been looked at as a growth engine,” he said. “In addition to strong retail sales growth of 7.2% in the quarter, Birds Eye gained an impressive 261 basis points of share from Q1 to Q2,” Mr. Connolly said. At the time of writing, the American packaged foods company is valued at £12.49 billion and has a price to earnings ratio of 17.01. Write Us Conagra Brands 222 W. Merchandise Mart Plaza Suite 1300 Chicago, IL 60654 Tailwinds benefiting the business included supply chain productivity and cost synergies associated with the acquisition of Pinnacle Foods in 2019. Are you looking for fast-news, hot-tips and market analysis? Conagra Brands, Inc. is an American packaged foods company headquartered in Chicago, Illinois. Conagra Brands is an Affirmative Action and Equal Opportunity Employer. See who Conagra Brands has hired for this role. This official Facebook page of Conagra Brands. On an adjusted basis, the packaged foods company said, it earned 59.81 pence per share in Q2. “Our basket of the total staples category grew retail sales by 12.7% in the second quarter. The stock is now trading at £25.48 per share versus a significantly lower £17.82 per share in March 2020 when the COVID-19 restrictions were at their peak. By using Invezz, you accept our, Conagra Brandsâ net income jumps to £280 million in the second quarter. Quarterly sales rose 6% to $2.995 billion from $2.82 billion the year prior. 98 Conagra Brands reviews in Chicago, IL. Our eight Zero Waste Champion facilities have diverted more than 95% of waste materials from landfills through innovative ways, such as composting and diverting organic waste to animal feed. Created in collaboration with SocialWorks, the charitable organization founded by Chance, the program helped ⦠Contact Us about Product Feedback, New Business and More | Conagra Brands Skip to main content Net income for the quarter rose 45% to $379 million. 98 Conagra Brands reviews in Chicago, IL. Refrigerated & Frozen segment sales rose 7% to $1.2 billion during the quarter. Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food companies. Salaries posted anonymously by Conagra Brands employees in Chicago, IL Area. The sales increase was attributed to sales growth in both Canada and Mexico. Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food companies. Total frozen retail sales grew 8% during the quarter and were propelled by Conagra’s Birds Eye frozen vegetables business. How stock type size affects your investment decisions, How the quality of different stock types affects your investment outcomes, What different sectors say about an investor’s stock type preferences, Moderna shares remain in a bull market but the current price does not represent a good value for long-term investors, Niu Technologies reports a 40.9% annualised growth in fourth-quarter sales. According to FactSet, experts had forecast the company to post a slightly lower £2.21 billion of sales in the second quarter. Sign-up for the Invezz newsletter, today. Conagra Brands performed only slightly upbeat in the stock market last year with an annual gain of more than 6%. CHICAGO, Nov. 23, 2020 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) is joining Chance the Rapper, Grammy award-winning musician and humanitarian, to provide students in Chicago arts enrichment opportunities through a new food packaging design mentorship program. In separate news from the United States, Bed Bath & Beyond also published its quarterly financial results on Thursday. Reviews from Conagra Brands employees about Conagra Brands culture, salaries, benefits, work-life balance, management, job security, and more. Conagra Brands is a consumer packaged goods food company. 345 salaries for 193 jobs at Conagra Brands in Chicago, IL Area. The MarketWatch News Department was not involved in the creation of this content. Apply to Financial Analyst, Senior Brand Manager, Senior IT Auditor and more! Their estimate for per-share earnings was capped at 54.64 pence per share. ConAgra's cornucopia of America's best-known brands includes Banquet, Birds Eye, Slim Jim, Reddi-wip, Vlasic, Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, Frontera, Healthy Choice, and ⦠People are returning to their kitchens during the pandemic and new younger consumers are discovering the joy of cooking. Rise in at-home eating spurs sales surge at General Mills, Consumers have mixed views on at-home eating, Dairy back in demand due to stay-at-home orders, Away-from-home eating disruption hampers Unilever results, Profit-taking pauses rallies in soybeans, corn, wheat, Meet the novice noodle makers reinventing instant ramen, FDA sends CBD warning letters to five companies. Segment operating profit increased 20% to $316 million. The health of our planet and the availability of natural resources are deeply linked to every part of our business. Certain terms used in this release, including 'Organic net sales,' 'EBITDA,' and certain 'adjusted' results, are defined under the section entitled 'Definitions.' In terms of sales, Conagra recorded £2.22 billion in the recent quarter versus the year-ago figure of a lower £2.08 billion. , job security, and food service establishments Little and Alva Kinney in Nebraska as a mills... 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