Conagra Posts Decline in Sales and Profit for Q4 and FY2025

Conagra Brands has reported financial results for both the fiscal year and fourth quarter.

For the quarter, net sales declined 3.5%, driven by a 2.5% drop in volume and a 1.0% negative price/mix impact. Gross profit fell 12.1% to $707 million, as margins were pressured by inflation and weaker sales. Net income was $256 million ($0.53 per share), while adjusted EPS came in at $0.56. Adjusted EBITDA totaled $544 million.

For fiscal year 2025, net sales declined... 

Dolly Parton Partners with Conagra Brands on New Line of Frozen Dinners

America’s sweetheart and musical icon, Dolly Parton, has announced the expansion of her retail food line.

In partnership with industry leader Conagra Brands, the launch builds on a successful collaboration that began in 2022.

The new line combines the convenience of single-serve frozen meals with the finger-licking flavors of Southern-inspired cuisine. Each meal retails for $4.49 and can be prepared in either the microwave or oven. The meals are available at major grocery retailers across the US.

Product highlights... 

Conagra Brands Arrives at 2024 NACS Show with Powerhouse Lineup of Snacks

Conagra Brands, Inc., one of North America's leading branded food companies, is ready for the neon lights of Las Vegas and the 2024 National Association of Convenience Stores (NACS) Show. Featuring a $3.2 billion1 snacks portfolio, Conagra's offerings are a sure bet, with industry-leading meat snacks, sunflower seeds and bagged salty snacks. The NACS Show, the nation's largest convenience store expo, takes place October 8-10, at the Las Vegas Convention Center. Attendees at the Expo can find Conagra Brands...

Conagra Brands Acquires FATTY Smoked Meat Sticks

Today Conagra Brands, Inc. announced that it has acquired Sweetwood Smoke & Co., maker of FATTY Smoked Meat Sticks. Financial terms were not disclosed.

FATTY Smoked Meat Sticks are protein-packed, better-for-you snacks for people on the go, made with high-quality pork and beef smoked with real hickory wood.

"The acquisition of FATTY Smoked Meat Sticks is another step in reshaping our portfolio for faster growth," said Sean Connolly, president and chief executive officer of Conagra Brands. "Adding a premium brand such as FATTY to our growing, better-for-you...