Conagra Brands Cuts Dividend and Profit Forecast Amid Industry Pain

Conagra Brands has announced a 50% dividend cut and a $2 billion charge, along with a reduced fiscal 2027 profit forecast, signaling ongoing challenges for the food industry.

15 Jul, 18:07 — 15 Jul, 18:07

Post Share

Sources

Showing 1 of 3 sources

marketwatchMostly Factual24d ago

A big dividend cut and a $2 billion charge: Conagra’s results signal more pain ahead for food industry

Conagra Brands’ stock was up a bit on Thursday, but the company’s results and forecast were the latest dose of bad news for the packaged-food industry.

By Bill Peters

Read full article →

Coverage Timeline

First report: seeking-alpha · 15 Jul, 11:38|Full coverage: 3 · 6h|Window: 6h

Left-leaningCenterRight-leaning

seeking-alpha15 Jul, 11:38First to report

Conagra Brands cuts dividend by 50% to prioritize deleveraging

2h later

Yahoo15 Jul, 13:10

Conagra Brands cuts fiscal 2027 profit forecast below estimates

5h later

marketwatch15 Jul, 18:07Latest update

PERSPECTA

PERSPECTA

Conagra Brands Cuts Dividend and Profit Forecast Amid Industry Pain

Sources

A big dividend cut and a $2 billion charge: Conagra’s results signal more pain ahead for food industry

Coverage Timeline

Conagra Brands cuts dividend by 50% to prioritize deleveraging

Conagra Brands cuts fiscal 2027 profit forecast below estimates

A big dividend cut and a $2 billion charge: Conagra’s results signal more pain ahead for food industry

Related Stories

MTN Nigeria Confirms 25GB Data Reward, Warns Against Fake Links

Erdinger Owner Werner Brombach Dies

West Bengal to Audit Industrial Parks, Submit BHAVYA Proposals

Climate Change Threatens Nigerian Coastal Fishermen's Livelihoods

PERSPECTA