Conagra Brands Inc. reported fiscal 2026 results with revenue of $11.28B and a loss per share of ($4), reflecting a full-year net loss of ($1.92B) compared with net income of $1.15B in the prior year.
Financial Highlights
| MetricCurrent yearPrior yearYoY change | Revenue¹$11.28B$11.61B(2.9%) | Net income²($1.92B)$1.15B(266.3%) | Diluted EPS³($4)$2.4(266.7%) |
¹ Reported as “Net sales”. ² Reported as “Net income (loss) attributable to Conagra Brands, Inc.”. ³ Reported as “Earnings (loss) per share — diluted”.
Business Highlights
- Revenue declined 2.9% year-over-year, driven by organic weakness in Grocery, Refrigerated and International segments while Foodservice posted modest growth.
- Price and mix increases partly offset volume declines; inflation-driven pricing weighed on retail volumes.
- Portfolio changes included divestitures of Chef Boyardee and frozen fish businesses and acquisitions of Sweetwood Smoke & Co. and a contract manufacturer.
- Margins were pressured by input and labor inflation, tariffs and supply disruptions despite productivity initiatives and a benefit from a 53rd week.
- Management emphasized innovation focused on wellness, portion-controlled and high-protein products to align with shifting consumer preferences.
Original SEC Filing:
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