Conagra Brands Inc
CAG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.>Gy?$sv | LOCK|FC^ | LOCK|p!dv!$ |
Conagra Earnings: Results Continue to Suffer From Lower Volumes Worsened by Supply Chain Challenges
Conagra's fiscal third quarter reflected the ongoing difficult consumer environment and the previously announced service interruptions in frozen meals. Organic net sales declined 5% year over year, while adjusted operating margin contracted 369 basis points to 12.7%.
