earnings
confidence high
sentiment negative
materiality 0.75
Conagra Q1 EPS $0.34 (-64.9% YoY); adj EPS $0.39; reaffirms FY26 guidance
CONAGRA BRANDS INC.
2026-Q1 EPS reported
$0.34
revenue$2,632,600,000
- Net sales $2.6B, down 5.8% YoY; organic net sales down 0.6%, volume down 1.2%.
- Reported EPS $0.34 vs $0.97; adjusted EPS $0.39 vs $0.53; gross margin down 212 bps.
- Grocery & Snacks sales -8.7% (M&A), International -18%; Refrig/Frozen nearly flat.
- Net debt $7.6B, leverage 3.55x, reduced by 12.3% YoY; $15M share repurchases.
- FY26 guidance reaffirmed: organic growth (1%)-1%, adj op margin ~11-11.5%, adj EPS $1.70-$1.85.
item 2.02item 9.01