---
schema_version: "secwatch.filing_event.v1"
accession: "0000023217-25-000083"
form_type: "8-K"
ticker: "CAG"
cik: "0000023217"
company_name: "CONAGRA BRANDS INC."
filed_at: "2025-10-01T23:59:59+00:00"
generated_at: "2026-05-17T05:09:41.779924+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Conagra Q1 EPS $0.34 (-64.9% YoY); adj EPS $0.39; reaffirms FY26 guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0000023217-25-000083
- form_type: 8-K
- ticker: CAG
- cik: 0000023217
- company_name: CONAGRA BRANDS INC.
- filed_at: 2025-10-01T23:59:59+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/23217/000002321725000083/0000023217-25-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23217/000002321725000083/tmb-20251001x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023217-25-000083
- JSON: https://secwatch.observer/filing/0000023217-25-000083.json
- Plain text: https://secwatch.observer/filing/0000023217-25-000083.txt

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