Conagra Brands Inc

CAG: XNYS (USA)
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Conagra Earnings: Inflation and Focus on Volumes to Weigh on Near-Term Margins; Shares Undervalued

Conagra's fiscal fourth-quarter results continued to suffer from the challenging consumer environment. Organic net sales declined 3.5% over the prior year from both lower price/mix and lower volume. Adjusted operating margin contracted 100 basis points to 13.8%.

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