secwatch.observer — SEC 8-K summary
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Issuer:     CONAGRA BRANDS INC. (CAG)
CIK:        0000023217
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001558370-24-016370
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Conagra Q2 organic sales up 0.3%; adj. EPS $0.70, down 1.4%; updates FY25 guidance lower
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- Reported net sales -0.4% to $3.2B; organic net sales +0.3% driven by volume +0.4%.
- Reported diluted EPS $0.59 (down 1.7%); adjusted EPS $0.70 (down 1.4%).
- Updated FY25 guidance: organic net sales near midpoint of -1.5% to flat; adj. EPS $2.45-$2.50.
- Segment: Grocery & Snacks net sales +2.0%; Refrigerated & Frozen profit down 53.4% due to impairments.
- Net debt $8.4B, net leverage 3.54x; free cash flow $539M (down $102M YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23217/000155837024016370/0001558370-24-016370-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23217/000155837024016370/tmb-20241219x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-016370

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