---
schema_version: "secwatch.filing_event.v1"
accession: "0000023217-26-000022"
form_type: "8-K"
ticker: "CAG"
cik: "0000023217"
company_name: "CONAGRA BRANDS INC."
filed_at: "2026-07-15T11:33:06+00:00"
generated_at: "2026-07-15T11:35:08.024911+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Conagra Q4 loss $3.37 on $2B impairment; cuts dividend to $0.70/yr; guides FY2027 EPS $1.40-$1.50

## Summary
- Q4 reported net sales $2.9B (+3.6% YoY); organic net sales flat; reported diluted loss per share $3.37 due to $2.0B non-cash goodwill and brand impairment charges.
- Full year fiscal 2026: net sales $11.3B (-2.9%); reported diluted loss per share $4.00; adjusted EPS $1.72.
- Dividend cut: quarterly dividend reduced to $0.175/share from $0.35, annualized rate $0.70; payable Sept 2, 2026 to holders of record July 30.
- Fiscal 2027 guidance: organic net sales change (3)% to (1)%; adjusted operating margin 10.0%-10.5%; adjusted EPS $1.40-$1.50; net leverage target ~4.0x.
- Net debt $7.1B, net leverage 3.83x at year end; free cash flow $979M vs $1.3B prior year.

## SEC filing metadata
- accession: 0000023217-26-000022
- form_type: 8-K
- ticker: CAG
- cik: 0000023217
- company_name: CONAGRA BRANDS INC.
- filed_at: 2026-07-15T11:33:06+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/23217/000002321726000022/0000023217-26-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23217/000002321726000022/tmb-20260715x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000023217-26-000022
- JSON: https://secwatch.observer/filing/0000023217-26-000022.json
- Plain text: https://secwatch.observer/filing/0000023217-26-000022.txt

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