---
schema_version: "secwatch.filing_event.v1"
accession: "0000023217-25-000094"
form_type: "8-K"
ticker: "CAG"
cik: "0000023217"
company_name: "CONAGRA BRANDS INC."
filed_at: "2025-12-19T23:59:59+00:00"
generated_at: "2026-05-16T12:39:31.291284+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Conagra Q2 net loss $664M ($1.39 diluted loss) on $968M impairment; adjusted EPS $0.45

## Summary
- 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.

## SEC filing metadata
- accession: 0000023217-25-000094
- form_type: 8-K
- ticker: CAG
- cik: 0000023217
- company_name: CONAGRA BRANDS INC.
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23217/000002321725000094/0000023217-25-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23217/000002321725000094/tmb-20251219x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023217-25-000094
- JSON: https://secwatch.observer/filing/0000023217-25-000094.json
- Plain text: https://secwatch.observer/filing/0000023217-25-000094.txt

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