secwatch.observer — SEC 8-K summary
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Issuer:     CONAGRA BRANDS INC. (CAG)
CIK:        0000023217
Form:       8-K
Filed at:   2026-04-01T23:59:59+00:00
Accession:  0000023217-26-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Conagra Q3 organic sales +2.4% but adjusted EPS -23.5%; narrows FY guidance to low end
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23217/000002321726000010/0000023217-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23217/000002321726000010/tmb-20260401x8k.htm
  HTML page:      https://secwatch.observer/filing/0000023217-26-000010

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