Conagra Brands Inc
CAG: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.nTncVk | LOCK|H@Z | LOCK|WTtwc!< |
Conagra Earnings: Operating Margin May Take a Few Years to Recover from Inflation; Shares Cheap
Conagra's fiscal third-quarter organic net sales grew 2.4% year over year, with gains in both price/mix and volume. However, cost inflation and negative operating leverage drove adjusted operating margin to contract 213 basis points to 10.6%.
