---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-013121"
form_type: "8-K"
ticker: "CAG"
cik: "0000023217"
company_name: "CONAGRA BRANDS INC."
filed_at: "2024-10-02T23:59:59+00:00"
generated_at: "2026-05-30T22:50:47.964523+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Conagra Q1 adj. EPS down 19.7%; organic sales -3.5%; reaffirms FY2025 guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-24-013121
- form_type: 8-K
- ticker: CAG
- cik: 0000023217
- company_name: CONAGRA BRANDS INC.
- filed_at: 2024-10-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23217/000155837024013121/0001558370-24-013121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23217/000155837024013121/tmb-20241002x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-013121
- JSON: https://secwatch.observer/filing/0001558370-24-013121.json
- Plain text: https://secwatch.observer/filing/0001558370-24-013121.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.