Conagra Brands saw sales fall but beat earnings, facing stock dip over lowered 2025 outlook.
Conagra Brands reported a 0.4% decrease in second-quarter sales but beat earnings expectations with an EPS of $0.70. The company's stock fell due to a lowered 2025 fiscal year outlook, citing higher inflation and unfavorable exchange rates as challenges. Conagra also declared a $0.35 quarterly dividend, yielding 5.12%, and is considering selling its Chef Boyardee brand.
3 months ago
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