earnings
confidence high
sentiment negative
materiality 0.85
Conagra Q2 net loss $664M ($1.39 diluted loss) on $968M impairment; adjusted EPS $0.45
CONAGRA BRANDS INC.
2026-Q2 EPS reported
-$1.04
revenue$5,611,700,000
- Net sales fell 6.8% to $3.0B; organic net sales declined 3.0% with volume down 3.0%.
- Reported operating margin (20.1)% due to non-cash goodwill/brand impairment of $968M.
- Adjusted EPS $0.45 vs $0.64 last year; adjusted operating margin 11.3%.
- Reaffirms FY2026 guidance: organic net sales (1)% to 1%, adjusted EPS $1.70-$1.85.
- Quarterly dividend maintained at $0.35/share; net debt reduced 10.1% YoY to $7.6B.