earnings
confidence high
sentiment negative
materiality 0.75
Conagra Q3 organic sales +2.4% but adjusted EPS -23.5%; narrows FY guidance to low end
CONAGRA BRANDS INC.
2026-Q3 EPS reported
-$0.63
revenue$8,399,500,000
- Reported net sales $2.8B (-1.9% YoY); organic net sales +2.4% (price/mix +1.9%, volume +0.5%).
- Reported diluted EPS $0.42 (+40.0%); adjusted diluted EPS $0.39 (-23.5%) on lower adjusted gross profit.
- Refrigerated & Frozen organic sales +3.6% on volume recovery; Grocery & Snacks organic +1.8% on pricing.
- FY2026 guidance narrowed: adj. EPS ~$1.70 (low end of $1.70-$1.85); organic sales near midpoint of -1% to 1% range.
- Net debt reduced to $7.3B (-$818M YoY); net leverage 3.83x; free cash flow $581M, down $461M.
item 2.02item 9.01