Conagra Brands, Inc. (CAG)

Conagra Brands' stock (CAG) has experienced a significant decline over the past year. Key events impacting the stock in the past six months include Q1 FY26 Earnings Q&A Call on October 1, 2025. On December 19, 2025, the company reported a decrease in net sales and organic net sales, with a reported diluted loss per share, but reaffirmed its fiscal 2026 guidance. Conagra Brands participated in the CAGNY 2026 Conference on February 17, 2026. On April 1, 2026, Conagra reported its Q3 2026 results, with earnings per share missing consensus estimates but revenue exceeding estimates, though down year-over-year. Analyst rating changes in early April 2026 included RBC Capital cutting the share price target, Evercore ISI trimming its price target, and BNP Paribas Exane downgrading Conagra Brands. Market concerns have been noted regarding the impact of weight loss drugs, food inflation, input costs, gross margin compression, SG&A inflation, and declining revenues.

Demand for certain Conagra Brands food items can be influenced by holidays, changes in seasons, or other annual events. Sales of frozen foods tend to be marginally higher during the winter months, and pie sales typically peak in November and December. The company's frozen and snacks businesses have historically benefited from macro trends of people working and eating at home.

Conagra Brands, Inc., founded in 1919 and headquartered in Chicago, Illinois, operates in the Consumer Staples sector, focusing on Packaged Foods and Food Processing. The company offers a diverse portfolio of branded, value-added consumer food products, foodservice items, and ingredients, including grocery and snacks, refrigerated and frozen foods, and foodservice offerings. Conagra's brand portfolio includes well-known names such as Birds Eye®, Duncan Hines®, Healthy Choice®, Marie Callender's®, Reddi-wip®, and Slim Jim®, along with emerging brands like Angie's® BOOMCHICKAPOP®, Duke's®, Earth Balance®, Gardein™, and Frontera®. The company produces a wide array of food products, including cooking oil, frozen dinners, hot cocoa, tomatoes, hot dogs, and plant-based meat alternatives.

Conagra Brands is headquartered in Chicago, Illinois, with the United States as its dominant revenue geography. Its international operations primarily extend to Canada and Mexico. Conagra's products are sold in various retail channels across the U.S. and in retail and foodservice channels outside the U.S. As of May 26, 2024, approximately 18,500 employees were primarily located in the United States.

Conagra Brands focuses on sustainable sourcing and production practices and is recognized as one of the nation's most community-minded companies. Within the past year, no specific events negatively impacting Conagra Brands' brand reputation were found in the provided search results. However, on January 31, 2023, Conagra Brands, Inc. recalled approximately 2.58 million pounds of canned meat and poultry products due to a packaging defect that could lead to contamination.

Conagra Brands, Inc. is a publicly traded company on the NYSE, with its ownership primarily held by public shareholders. Institutional investors and mutual funds own significant portions of the company. As of April 9, 2026, Conagra Brands had 804 institutional owners and shareholders holding a total of 408,937,975 shares. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Approximately 66.52% of the company's stock is owned by institutional investors, 0.67% by insiders, and 32.81% by public companies and individual investors.