Conagra Brands reports first quarter fiscal 2027 financial results
Earnings per share rose to $0.36 and the company reaffirms full-year guidance.
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Packaged foods manufacturer
conagrabrands.comLast updated
In short: Conagra reported lower first-quarter sales, reaffirmed guidance and pursued debt reduction through a dividend cut.
Earnings per share rose to $0.36 and the company reaffirms full-year guidance.
John Brase becomes CEO, Richard Lenny chairs the board, and directors rotate. Fiscal 2026 revenue reached $11.3B despite below-expectations performance.
The company posted a $4.00 full-year diluted loss per share, cited $2.9 billion in impairments, forecast lower fiscal 2027 sales, and set its annual dividend at $0.70.
He brings over 35 years of CPG experience driving growth and brand building.
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