---
schema_version: "secwatch.filing_event.v1"
accession: "0000023217-25-000011"
form_type: "8-K"
ticker: "CAG"
cik: "0000023217"
company_name: "CONAGRA BRANDS INC."
filed_at: "2025-04-03T23:59:59+00:00"
generated_at: "2026-05-23T22:54:21.111113+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Conagra Q3 adjusted EPS $0.51 (down 26%), net sales $2.8B (down 6.3%); guidance reaffirmed

## Summary
- Reported EPS $0.30 (down 53%); adjusted EPS $0.51 (down 26%); both below prior year.
- Net sales $2.8B, down 6.3% driven by 5.2% organic decline; volume down 3.1%.
- Gross margin contracted 331bps to 25.0%; adjusted gross margin 24.8%, down 389bps.
- Refrigerated & Frozen sales down 7.2% due to supply constraints; segment op profit down 53%.
- Fiscal 2025 guidance unchanged: organic net sales ~ -2%, adj EPS ~$2.35, FCF conversion >100%.

## SEC filing metadata
- accession: 0000023217-25-000011
- form_type: 8-K
- ticker: CAG
- cik: 0000023217
- company_name: CONAGRA BRANDS INC.
- filed_at: 2025-04-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23217/000002321725000011/0000023217-25-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23217/000002321725000011/tmb-20250403x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023217-25-000011
- JSON: https://secwatch.observer/filing/0000023217-25-000011.json
- Plain text: https://secwatch.observer/filing/0000023217-25-000011.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.