{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-000399","form_type":"8-K","ticker":"CAG","cik":"0000023217","company_name":"CONAGRA BRANDS INC.","filed_at":"2023-01-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.540083+00:00","generated_at":"2026-06-20T19:54:01.339054+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Conagra Q2 adj EPS $0.81 beats, net sales +8.3%; raises FY2023 guidance","bullets":["Diluted EPS $0.79 (+38.6%), adjusted EPS $0.81 (+26.6%); net sales $3.3B (+8.3% organic +8.6%).","Operating margin 16.6% (+320 bps), adjusted 17.0% (+237 bps); gross margin 27.8% (+316 bps).","FY2023 guidance raised: organic net sales growth 7-8%, adjusted operating margin 15.3-15.6%, adjusted EPS $2.60-$2.70.","Repurchased ~2.8M shares for ~$100M; quarterly dividend $0.33/share."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-000399","json":"https://secwatch.observer/filing/0001437749-23-000399.json","markdown":"https://secwatch.observer/filing/0001437749-23-000399.md","text":"https://secwatch.observer/filing/0001437749-23-000399.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/23217/000143774923000399/0001437749-23-000399-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/23217/000143774923000399/cag20221011_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T19:54:01.339054+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2ab9708400cea1303d05afd78d5be3cfbaa3bf7c","claim":"CONAGRA BRANDS INC. reported fiscal 2023 results: EPS adjusted EPS between $2.60 and $2.70. Guidance raised.","evidence_excerpt":"The company is raising its fiscal 2023 guidance to reflect: ○ Organic net sales growth of 7% to 8% compared to fiscal 2022 ○ Adjusted operating margin between 15.3% and 15.6% ○ Adjusted EPS between $2.60 and $2.70 representing growth of 10% to 14% compared to fiscal 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/23217/000143774923000399/0001437749-23-000399-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2023"},{"label":"EPS","value":"adjusted EPS between $2.60 and $2.70"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"f06e7ded8511cc57917ddc824e24673f0858b961","claim":"CONAGRA BRANDS INC. reported second quarter fiscal 2023 results: revenue $3.3 billion, net income $382 million, EPS $0.79.","evidence_excerpt":"In the quarter, net sales increased 8.3% to $3.3 billion. The increase in net sales primarily reflects: ● a 0.3% decrease from the unfavorable impact of foreign exchange; and ● an 8.6% increase in organic net sales. The 8.6% increase in organic net sales was driven by a 17.0% improvement in price/mix, which was partially offset by an 8.4% decrease in volume. Price/mix was driven by the company’s inflation-driven pricing actions that were reflected in the marketplace throughout the quarter. The volume decrease was primarily a result of the elasticity impact from inflation-driven pricing actions; however, the elasticity impact was favorable to expectations. CONAGRA BRANDS Page 2 Gross profit increased 22.2% to $922 million in the quarter, and adjusted gross profit increased 21.7% to $933 million. Second quarter gross profit benefited from higher organic net sales and productivity, which more than offset the negative impacts of cost of goods sold inflation (including unfavorable commodity","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/23217/000143774923000399/0001437749-23-000399-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter fiscal 2023"},{"label":"Revenue","value":"$3.3 billion"},{"label":"Net income","value":"$382 million"},{"label":"EPS","value":"$0.79"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}