secwatch.observer — SEC 8-K summary
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Issuer:     CONAGRA BRANDS INC. (CAG)
CIK:        0000023217
Form:       8-K
Filed at:   2022-07-14T23:59:59+00:00
Accession:  0001437749-22-017097
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Conagra Q4 adj EPS up 20.4% to $0.65; full-year EPS down 30.8%; guides FY23 adj EPS growth 1-5%
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- Q4 net sales +6.2% to $2.9B; organic net sales +6.8% driven by price/mix +13.2% offset by volume -6.4%.
- Q4 diluted EPS $0.33 (down 48.4% YoY); adjusted EPS $0.65 (up 20.4% YoY).
- Full-year FY22 net sales +3.1% to $11.5B; diluted EPS $1.84 (down 30.8%); adjusted EPS $2.36 (down 10.6%).
- FY23 guidance: organic net sales growth 4-5%; adj operating margin ~15%; adj EPS growth 1-5%.
- Grocery & Snacks adj operating profit +17%; Refrigerated & Frozen adj op profit -6.4%; Foodservice +53%; International -25.7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23217/000143774922017097/0001437749-22-017097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23217/000143774922017097/cag20220224_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-017097

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