Conagra Brands, Inc. (CAG)

The company now

Conagra reported on September 30, 2026 that net sales for the first quarter of fiscal 2027 fell 1.4% to $2.6 billion 1. Organic net sales, which leave out currency, deals and divestitures, fell 1.1%, as a 2.1% drop in volume outweighed a 1.0% gain from price and mix 1.

Adjusted earnings per share, a profit measure that leaves out one-off items, were $0.41, up 5.1% 1. The company reaffirmed its fiscal 2027 outlook, which includes adjusted earnings of $1.40 to $1.50 per share and an adjusted operating margin of 10.0% to 10.5% 1.

John Brase, who has led the company since June 1, 2026, said it is acting on priorities that include restoring margins, increasing investment and reducing complexity 12.

On July 15, 2026 the company cut its quarterly dividend from $0.35 to $0.175 per share, and Reuters reported the new chief executive said the reset frees cash for the business 24.

The open question is what the company does with its non-core businesses: in its first quarter of fiscal 2027 it approved a multi-year initiative to evaluate strategic options for them 3. It gave no timing or cost estimate for any resulting charges 3.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.