secwatch.observer — SEC 8-K summary
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Issuer:     CONAGRA BRANDS INC. (CAG)
CIK:        0000023217
Form:       8-K
Filed at:   2023-01-05T23:59:59+00:00
Accession:  0001437749-23-000399
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Conagra Q2 adj EPS $0.81 beats, net sales +8.3%; raises FY2023 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23217/000143774923000399/0001437749-23-000399-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23217/000143774923000399/cag20221011_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-000399

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer