Conagra Brands Inc.CAG

NYSEConsumer EssentialsFood and Kindred Products
Price (close)
$14.32
Market cap
$6.9B
P/E
—
Revenue (TTM)
$11.3B
Net income
-$1.9B
Dividend yield
8.55%
1-year total return
-14.5%
Net margin
-17.0%
Revenue growth
-2.9%
Debt / equity
1.14x

What Conagra Brands Inc. does.

Conagra Brands, Inc. (the “Company”, “Conagra Brands”, “we”, “us”, or “our”), headquartered in Chicago, is one of North America’s leading branded food companies. We combine a 100-year history of making quality food with agility and a relentless focus on collaboration and innovation. The Company’s portfolio is continuously evolving to satisfy consumers’ ever-changing food preferences. Conagra’s brands include Birds Eye ® , Duncan Hines ® , Healthy Choice ® , Marie Callender’s ® , Reddi-wip ® , Slim Jim ® , Angie’s ® BOOMCHICKAPOP ® , and many more.

We began as a Midwestern flour-milling company and entered other commodity-based businesses throughout our history. We were initially incorporated as a Nebraska corporation in 1919 and reincorporated as a Delaware corporation in 1976. Over time, we transformed into the branded, pure-play consumer packaged goods food company we are today. Growing our food businesses has also been fueled by innovation, organic growth of our brands, and expansion into adjacent categories, including through acquisitions. We are focused on delivering sustainable, profitable growth with strong and improving returns on our invested capital.

We compete throughout the food industry and focus on adding value for our customers who operate in the retail food and foodservice channels.

Revenue and profit, by fiscal year.

Fiscal year202120222023202420252026
Revenue$11.2B$11.5B$12.3B$12.1B$11.6B$11.3B
Net income$1.3B$888.2M$683.6M$347.2M$1.2B-$1.9B
Free cash flow$961.7M$712.9M$633.2M$1.6B$1.3B$978.7M

More on CAG.

Figures from Conagra Brands Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.