earnings
confidence high
sentiment negative
materiality 0.70
Conagra Q1 adj. EPS down 19.7%; organic sales -3.5%; reaffirms FY2025 guidance
CONAGRA BRANDS INC.
2025-Q1 EPS reported
$0.97
revenue$2,794,900,000
- Reported net sales $2.8B, -3.8%; organic net sales -3.5%; volume -1.6%, price/mix -1.9%.
- Adjusted diluted EPS $0.53 vs $0.66 prior year, -19.7%; GAAP EPS $0.97 includes $210.4M tax benefit.
- Hebrew National manufacturing disruptions impacted Q1 sales by ~$27M and gross profit by ~$11M.
- Reaffirms FY2025 guidance: organic net sales (-1.5%) to flat, adj. EPS $2.60-$2.65, adj. operating margin 15.6%-15.8%.
- Net debt $8.6B, net leverage 3.60x; share repurchases of $64M in quarter.