{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-000509","form_type":"8-K","ticker":"CAG","cik":"0000023217","company_name":"CONAGRA BRANDS INC.","filed_at":"2024-01-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.505599+00:00","generated_at":"2026-06-07T04:19:43.104459+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Conagra Q2 EPS falls 24.1% to $0.60; cuts FY2024 guidance on slower volume recovery","bullets":["Net sales $3.2B, down 3.2% YoY; organic net sales down 3.4% driven by 2.9% volume decline and 0.5% price/mix decrease.","Adjusted EPS $0.71 (down 12.3%); operating margin fell 261 bps to 14.0%; adjusted operating margin 15.9% (down 108 bps).","Grocery & Snacks down 4.1%; Refrigerated & Frozen down 5.8%; International net sales up 8.1% but op. profit down 84% on impairment.","FY2024 guidance lowered: organic net sales -1% to -2% YoY; adjusted EPS $2.60-$2.65; adjusted operating margin ~15.6%.","Management cites slower volume recovery; volumes in domestic retail improved, cutting decline in half vs Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-000509","json":"https://secwatch.observer/filing/0001437749-24-000509.json","markdown":"https://secwatch.observer/filing/0001437749-24-000509.md","text":"https://secwatch.observer/filing/0001437749-24-000509.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/23217/000143774924000509/0001437749-24-000509-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/23217/000143774924000509/cag20231013_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T04:19:43.104459+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":"6ac60f2c535479399821ba019061466dba539d39","claim":"CONAGRA BRANDS INC. reported second quarter of fiscal year 2024, which ended on November 26, 2023 results: revenue $3.2 billion, net income $286 million, EPS $0.60. Guidance reaffirmed.","evidence_excerpt":"reinforced our confidence in investing to build momentum in the second half and set up a strong FY25.\" Total Company Second Quarter Results In the quarter, net sales were $3.2 billion reflecting: ● a 0.2% increase from the favorable impact of foreign exchange; and ● a 3.4% decrease in organic net sales. The 3.4% decrease in organic net sales was driven by a","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/23217/000143774924000509/0001437749-24-000509-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of fiscal year 2024, which ended on November 26, 2023"},{"label":"Revenue","value":"$3.2 billion"},{"label":"Net income","value":"$286 million"},{"label":"EPS","value":"$0.60"},{"label":"Guidance","value":"reaffirmed"},{"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"}