Conagra Brands Inc
CAG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.fX!D!! | LOCK|k$ | LOCK|!j!GD! |
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%.
