Conagra Brands Inc. (CAG) stock
Close on Nov 13, 2026Market cap $7.03BP/E –Yield 9.50%
Earnings
Conagra Brands's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Conagra Brands's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q2 FY2027ended Nov 23, 2026 | Dec 18, 2026Expected | – | – | – | – | – |
| Q1 FY2027ended Aug 30, 2026 | Sep 30, 2026before the open | $2.60B | 0.0% | $0.36 | $0.41 | Release |
| Q4 FY2026ended May 31, 2026 | Jul 15, 2026before the open | $2.90B | +3.6% | -$3.37 | $0.47 | Release |
| Q3 FY2026ended Feb 22, 2026 | Apr 1, 2026before the open | $2.80B | 0.0% | $0.42 | $0.39 | Release |
| Q2 FY2026ended Nov 23, 2025 | Dec 19, 2025before the open | $3.00B | -6.3% | -$1.39 | $0.45 | Release |
| Q1 FY2026ended Aug 24, 2025 | Oct 1, 2025before the open | $2.60B | -7.1% | $0.34 | $0.39 | Release |
| Q4 FY2025ended May 25, 2025 | Jul 10, 2025before the open | $2.80B | -3.4% | $0.53 | $0.56 | Release |
| Q3 FY2025ended Feb 23, 2025 | Apr 3, 2025before the open | $2.80B | -6.7% | $0.30 | $0.51 | Release |
| Q2 FY2025ended Nov 24, 2024 | Dec 19, 2024before the open | $3.20B | 0.0% | $0.59 | $0.70 | Release |
| Q1 FY2025ended Aug 25, 2024 | Oct 2, 2024before the open | $2.80B | -3.4% | $0.97 | $0.53 | Release |
| Q4 FY2024ended May 26, 2024 | Jul 11, 2024before the open | $2.90B | -3.3% | -$1.18 | $0.61 | Release |
| Q3 FY2024ended Feb 25, 2024 | Apr 4, 2024before the open | $3.00B | -3.2% | $0.64 | $0.69 | Release |
| Q2 FY2024ended Nov 26, 2023 | Jan 4, 2024before the open | $3.20B | -3.0% | $0.60 | $0.71 | Release |
| Q1 FY2024ended Aug 27, 2023 | Oct 5, 2023before the open | $2.90B | 0.0% | $0.67 | $0.66 | Release |
| Q4 FY2023ended May 28, 2023 | Jul 13, 2023before the open | $3.00B | +3.4% | $0.08 | $0.62 | Release |
| Q3 FY2023ended Feb 26, 2023 | Apr 5, 2023before the open | $3.10B | +6.9% | $0.71 | $0.76 | Release |
| Q2 FY2023ended Nov 27, 2022 | Jan 5, 2023before the open | $3.30B | +6.5% | $0.79 | $0.81 | Release |
| Q1 FY2023ended Aug 28, 2022 | Oct 6, 2022before the open | $2.90B | – | -$0.16 | $0.57 | Release |
| Q4 FY2022ended May 29, 2022 | Jul 14, 2022before the open | $2.90B | – | $0.33 | $0.65 | Release |
| Q3 FY2022ended Feb 27, 2022 | Apr 7, 2022before the open | $2.90B | – | $0.45 | $0.58 | Release |
| Q2 FY2022ended Nov 28, 2021 | Jan 6, 2022before the open | $3.10B | – | $0.57 | $0.64 | Release |
| Q1 FY2022ended Aug 29, 2021 | Oct 7, 2021before the open | – | – | – | – | Release |
| Q4 FY2021ended May 30, 2021 | Jul 13, 2021before the open | – | – | – | – | Release |
| Q3 FY2021ended Feb 28, 2021 | Apr 8, 2021before the open | – | – | – | – | Filing |
| Q2 FY2021ended Nov 29, 2020 | Jan 7, 2021before the open | – | – | – | – | Filing |
| Q4 FY2020ended May 31, 2020 | Jun 30, 2020before the open | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Conagra Brands's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Organic net sales changenon-GAAP | FY2027 | -3% – -1% | – | New | Sep 30, 2026 |
| Organic net sales changenon-GAAP | FY2027 | -3% – -1% | – | New | Jul 15, 2026 |
| Adjusted operating marginnon-GAAP | FY2027 | 10% – 10.5% | 10% – 10.5% | Reaffirmed | Sep 30, 2026 |
| Adjusted EPSnon-GAAP | FY2027 | $1.40 – $1.50 | $1.40 – $1.50 | Reaffirmed | Sep 30, 2026 |
| Capital expenditures | FY2027 | $550.00M | $550.00M | Reaffirmed | Sep 30, 2026 |
| Adjusted effective tax ratenon-GAAP | FY2027 | 24% | 24% | Lowered | Sep 30, 2026 |
| Equity earnings contribution | FY2027 | $140.00M | – | New | Sep 30, 2026 |
| Free cash flow conversionnon-GAAP | FY2027 | 90% | 90% | Raised | Sep 30, 2026 |
| Interest expense | FY2027 | $360.00M | – | Raised | Sep 30, 2026 |
| Net leverage rationon-GAAP | FY2027 | 4 | – | Reaffirmed | Sep 30, 2026 |
| Net leverage ratio at fiscal year endnon-GAAP | FY2027 | 4 | – | New | Jul 15, 2026 |
| Pension income | FY2027 | $25.00M | – | Lowered | Sep 30, 2026 |
Guidance vs results
The last range Conagra Brands gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| FY2026 | Adjusted EPS | $1.70 – $1.85 | $1.70Σ4Q | Within range |
| FY2025 | Adjusted EPS | $2.35 | $2.30Σ4Q | Below range |
| Q4 FY2022 | Adjusted EPS | $0.64 | $0.65 | Above range |
Guidance history
Every forecast Conagra Brands put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Sep 30, 2026 | Capital expenditures | FY2027 | $550.00M | Reaffirmed |
| Sep 30, 2026 | Adjusted EPS | FY2027 | $1.40 – $1.50 | Reaffirmed |
| Sep 30, 2026 | Adjusted operating margin | FY2027 | 10% – 10.5% | Reaffirmed |
| Sep 30, 2026 | Adjusted effective tax rate | FY2027 | 24% | Lowered |
| Sep 30, 2026 | Net leverage ratio | FY2027 | 4 | Reaffirmed |
| Sep 30, 2026 | Interest expense | FY2027 | $360.00M | Raised |
| Sep 30, 2026 | Equity earnings contribution | FY2027 | $140.00M | New |
| Sep 30, 2026 | Free cash flow conversion | FY2027 | 90% | Raised |
| Sep 30, 2026 | Pension income | FY2027 | $25.00M | Lowered |
| Sep 30, 2026 | Organic net sales change | FY2027 | -3% – -1% | New |
| Jul 15, 2026 | Capital expenditures | FY2027 | $550.00M | New |
| Jul 15, 2026 | Organic net sales change | FY2027 | -3% – -1% | New |
| Jul 15, 2026 | Adjusted EPS | FY2027 | $1.40 – $1.50 | New |
| Jul 15, 2026 | Adjusted operating margin | FY2027 | 10% – 10.5% | New |
| Jul 15, 2026 | Adjusted effective tax rate | FY2027 | 24% | New |
| Jul 15, 2026 | Net leverage ratio at fiscal year end | FY2027 | 4 | New |
| Jul 15, 2026 | Free cash flow conversion | FY2027 | 90% | Raised |
| Apr 1, 2026 | Adjusted EPS | FY2026 | $1.70 – $1.85 | Reaffirmed |
| Apr 1, 2026 | Adjusted operating margin | FY2026 | 11% – 11.5% | Reaffirmed |
| Apr 1, 2026 | adjusted equity earnings | FY2026 | $140.00M | Lowered |
| Apr 1, 2026 | cost of goods sold inflation | FY2026 | 7% | Reaffirmed |
| Apr 1, 2026 | free cash flow conversion | FY2026 | 105% | Raised |
| Apr 1, 2026 | interest expense | FY2026 | $385.00M | Lowered |
| Apr 1, 2026 | Organic net sales change | FY2026 | -1% – +1% | Reaffirmed |
| Dec 19, 2025 | Adjusted EPS | FY2026 | $1.70 – $1.85 | Reaffirmed |
| Dec 19, 2025 | Adjusted operating margin | FY2026 | 11% – 11.5% | Reaffirmed |
| Dec 19, 2025 | Organic net sales change | FY2026 | -1% – +1% | New |
| Dec 19, 2025 | adjusted equity earnings | FY2026 | $170.00M | New |
| Oct 1, 2025 | Adjusted EPS | FY2026 | $1.70 – $1.85 | Reaffirmed |
| Oct 1, 2025 | Adjusted operating margin | FY2026 | 11% – 11.5% | Reaffirmed |
| Oct 1, 2025 | adjusted effective tax rate | FY2026 | 24% | Raised |
| Oct 1, 2025 | interest expense | FY2026 | $390.00M | Raised |
| Oct 1, 2025 | Organic net sales growth | FY2026 | -1% – +1% | Reaffirmed |
| Jul 10, 2025 | Capital expenditures | FY2026 | $450.00M | New |
| Jul 10, 2025 | Adjusted EPS | FY2026 | $1.70 – $1.85 | New |
| Jul 10, 2025 | Free cash flow conversion | FY2026 | 90% | New |
| Jul 10, 2025 | Adjusted operating margin | FY2026 | 11% – 11.5% | New |
| Jul 10, 2025 | Adjusted effective tax rate | FY2026 | 23% | New |
| Jul 10, 2025 | Interest expense | FY2026 | $400.00M | New |
| Jul 10, 2025 | Pension income | FY2026 | $25.00M | Lowered |
| Jul 10, 2025 | Equity earnings contribution | FY2026 | $200.00M | Lowered |
| Jul 10, 2025 | Net leverage ratio | FY2026 | 3.85 | New |
| Jul 10, 2025 | core inflation | FY2026 | 4% | New |
| Jul 10, 2025 | total cost of goods sold inflation | FY2026 | 7% | Raised |
| Jul 10, 2025 | Organic net sales growth | FY2026 | -1% – +1% | New |
| Apr 3, 2025 | capital expenditures | FY2025 | $410.00M | New |
| Apr 3, 2025 | Adjusted EPS | FY2025 | $2.35 | New |
| Apr 3, 2025 | Adjusted operating margin | FY2025 | 14.4% | New |
| Apr 3, 2025 | Organic net sales | FY2025 | -2% | New |
| Dec 19, 2024 | capital expenditures | FY2025 | $450.00M | Reaffirmed |
| Dec 19, 2024 | Adjusted EPS | FY2025 | $2.45 – $2.50 | Lowered |
| Dec 19, 2024 | Free cash flow conversion | FY2025 | 100% | Raised |
| Dec 19, 2024 | Adjusted operating margin | FY2025 | 14.8% | Lowered |
| Dec 19, 2024 | Net leverage ratio | FY2025 | 3.4 | New |
| Dec 19, 2024 | Adjusted effective tax rate | FY2025 | 23% | Lowered |
| Dec 19, 2024 | Inflation | FY2025 | 4% | Raised |
| Oct 2, 2024 | capital expenditures | FY2025 | $450.00M | Lowered |
| Oct 2, 2024 | Adjusted EPS | FY2025 | $2.60 – $2.65 | Reaffirmed |
| Oct 2, 2024 | Free cash flow conversion | FY2025 | 90% | Reaffirmed |
| Oct 2, 2024 | Adjusted operating margin | FY2025 | 15.6% – 15.8% | Reaffirmed |
| Oct 2, 2024 | Net leverage ratio | FY2025 | 3.2 | Reaffirmed |
| Oct 2, 2024 | full year net inflation | FY2025 | 3.2% | Raised |
| Jul 11, 2024 | Capital expenditures | FY2025 | $500.00M | New |
| Jul 11, 2024 | Adjusted EPS | FY2025 | $2.60 – $2.65 | New |
| Jul 11, 2024 | Free cash flow conversion | FY2025 | 90% | New |
| Jul 11, 2024 | Adjusted operating margin | FY2025 | 15.6% – 15.8% | New |
| Jul 11, 2024 | Net Leverage Ratio | FY2025 | 3.2 | New |
| Jul 11, 2024 | net inflation | FY2025 | 3% | New |
| Jul 11, 2024 | Adjusted effective tax rate | FY2025 | 23.5% | New |
| Jul 11, 2024 | Interest expense | FY2025 | $415.00M | New |
| Jul 11, 2024 | Contribution from the company's joint venture, Ardent Mills | FY2025 | $150.00M | Lowered |
| Jul 11, 2024 | Pension income | FY2025 | $12.00M | Lowered |
| Apr 4, 2024 | Capital expenditures | FY2024 | $425.00M | Lowered |
| Apr 4, 2024 | Adjusted EPS | FY2024 | $2.60 – $2.65 | Reaffirmed |
| Apr 4, 2024 | Adjusted Operating Margin | FY2024 | 15.8% | Raised |
| Apr 4, 2024 | Ardent Mills contribution | FY2024 | $170.00M | Lowered |
| Apr 4, 2024 | Interest expense | FY2024 | $435.00M | Raised |
| Apr 4, 2024 | Net Leverage Ratio | FY2024 | 3.44 | Lowered |
| Apr 4, 2024 | Adjusted effective tax rate | FY2024 | 24% | Reaffirmed |
| Apr 4, 2024 | Organic net sales | FY2024 | -2% – -1% | Reaffirmed |
| Jan 4, 2024 | Capital expenditures | FY2024 | $450.00M | Lowered |
| Jan 4, 2024 | Adjusted EPS | FY2024 | $2.60 – $2.65 | Lowered |
| Jan 4, 2024 | Adjusted operating margin | FY2024 | 15.6% | Lowered |
| Jan 4, 2024 | Ardent Mills contribution | FY2024 | $170.00M | Lowered |
| Jan 4, 2024 | Net Leverage Ratio | FY2024 | 3.55 | Raised |
| Jan 4, 2024 | Adjusted effective tax rate | FY2024 | 24% | Reaffirmed |
| Jan 4, 2024 | Interest expense | FY2024 | $440.00M | Raised |
| Jan 4, 2024 | Organic net sales | FY2024 | -2% – -1% | Lowered |
| Oct 5, 2023 | Capital expenditures | FY2024 | $500.00M | Reaffirmed |
| Oct 5, 2023 | Adjusted EPS | FY2024 | $2.70 – $2.75 | Reaffirmed |
| Oct 5, 2023 | Adjusted operating margin | FY2024 | 16% – 16.5% | Reaffirmed |
| Oct 5, 2023 | Net Leverage Ratio | FY2024 | 3.4 | Reaffirmed |
| Oct 5, 2023 | Ardent Mills contribution | FY2024 | $150.00M | Lowered |
| Oct 5, 2023 | Adjusted effective tax rate | FY2024 | 24% | Reaffirmed |
| Oct 5, 2023 | Interest expense | FY2024 | $450.00M | Raised |
| Oct 5, 2023 | Organic net sales growth | FY2024 | +1% | Reaffirmed |
| Jul 13, 2023 | Capital expenditures | FY2024 | $500.00M | New |
| Jul 13, 2023 | Adjusted EPS | FY2024 | $2.70 – $2.75 | New |
| Jul 13, 2023 | Adjusted operating margin | FY2024 | 16% – 16.5% | New |
| Jul 13, 2023 | net inflation | FY2024 | 3% | New |
| Jul 13, 2023 | Adjusted effective tax rate | FY2024 | 24% | New |
| Jul 13, 2023 | Interest expense | FY2024 | $450.00M | New |
| Jul 13, 2023 | Contribution from the company's joint venture, Ardent Mills | FY2024 | $150.00M | Lowered |
| Jul 13, 2023 | Pension income | FY2024 | $0 | Lowered |
| Jul 13, 2023 | Net Leverage Ratio | FY2024 | 3.4 | New |
| Jul 13, 2023 | Organic net sales growth | FY2024 | +1% | New |
| Apr 5, 2023 | Capital expenditures | FY2023 | $370.00M | Lowered |
| Apr 5, 2023 | Adjusted EPS | FY2023 | $2.70 – $2.75 | Raised |
| Apr 5, 2023 | Adjusted operating margin | FY2023 | 15.5% – 15.6% | Raised |
| Apr 5, 2023 | Pension income | FY2023 | $25.00M | Lowered |
| Apr 5, 2023 | Net Leverage Ratio | FY2023 | 3.65 | New |
| Apr 5, 2023 | Adjusted effective tax rate | FY2023 | 24% | Reaffirmed |
| Apr 5, 2023 | Interest expense | FY2023 | $410.00M | Raised |
| Apr 5, 2023 | Organic net sales growth | FY2023 | +7% – +7.5% | Lowered |
| Jan 5, 2023 | Capital expenditures | FY2023 | $425.00M | Lowered |
| Jan 5, 2023 | Adjusted EPS | FY2023 | $2.60 – $2.70 | New |
| Jan 5, 2023 | Adjusted operating margin | FY2023 | 15.3% – 15.6% | Raised |
| Jan 5, 2023 | Interest expense | FY2023 | $405.00M | Raised |
| Jan 5, 2023 | Adjusted effective tax rate | FY2023 | 24% | New |
| Jan 5, 2023 | Pension income | FY2023 | $25.00M | Lowered |
| Jan 5, 2023 | Organic net sales growth | FY2023 | +7% – +8% | Raised |
| Oct 6, 2022 | Capital expenditures | FY2023 | $500.00M | Reaffirmed |
| Oct 6, 2022 | Adjusted diluted EPS growth | FY2023 | +1% – +5% | Reaffirmed |
| Oct 6, 2022 | Adjusted operating margin | FY2023 | 15% | Reaffirmed |
| Oct 6, 2022 | Effective tax rate | FY2023 | 24% | Reaffirmed |
| Oct 6, 2022 | Pension income | FY2023 | $25.00M | Lowered |
| Oct 6, 2022 | Interest expense | FY2023 | $410.00M | Raised |
| Oct 6, 2022 | Organic net sales growth | FY2023 | +4% – +5% | Reaffirmed |
| Jul 14, 2022 | Capital expenditures | FY2023 | $500.00M | New |
| Jul 14, 2022 | Adjusted diluted EPS growth | FY2023 | +1% – +5% | New |
| Jul 14, 2022 | Adjusted operating margin | FY2023 | 15% | New |
| Jul 14, 2022 | Interest expense | FY2023 | $410.00M | New |
| Jul 14, 2022 | Effective tax rate | FY2023 | 24% | New |
| Jul 14, 2022 | Pension income | FY2023 | $25.00M | Lowered |
| Jul 14, 2022 | Organic net sales growth | FY2023 | +4% – +5% | New |
| Apr 7, 2022 | Adjusted EPS | FY2022 | $2.35 | Lowered |
| Apr 7, 2022 | Adjusted EPS | Q4 FY2022 | $0.64 | New |
| Apr 7, 2022 | Adjusted operating margin | Q4 FY2022 | 15.5% | New |
| Apr 7, 2022 | Adjusted operating margin | FY2022 | 14.5% | Lowered |
| Apr 7, 2022 | Gross inflation | FY2022 | 16% | Raised |
| Apr 7, 2022 | Gross inflation | Q4 FY2022 | 16% | New |
| Apr 7, 2022 | Organic net sales growth | FY2022 | +4% | Raised |
| Apr 7, 2022 | Organic net sales growth | Q4 FY2022 | +7% | New |
| Jan 6, 2022 | Adjusted EPS | FY2022 | $2.50 | New |
| Jan 6, 2022 | Adjusted operating margin | FY2022 | 15.5% | New |
| Jan 6, 2022 | Gross inflation | FY2022 | 14% | New |
| Jan 6, 2022 | Organic net sales growth | FY2022 | +3% | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Conagra Brands filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Update
- Results
- Update
- Results
- Results
- Results
- Update
- Results
- Update
- Results
- Results
- Results
- Results
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