ConAgra Brands Inc. Common Stock: Beat — EPS $0.41, Revenue $2.6B
Earnings Report· 2026-09-30
CAG
Q1 · 2027Pre-MarketConAgra Brands Inc. Common Stock
@trystockwhiz
EARNING PER SHARE
Actual ($)
0.41
5.10% YoY
Expected
0.28
Beat
+46.43%
REVENUE
Actual ($)
2.60B
-1.40% YoY
Expected
2.59B
Beat
+0.23%
Earning Report
| Metric | Q1 FY27 | Q1 FY26 | YoY Change % |
|---|---|---|---|
| Revenue | $2.60B | $2.63B | -1.4% |
| └─Grocery & Snacks | $1.05B | $1.08B | -2.6% |
| └─Refrigerated & Frozen | $1.05B | $1.08B | -2.1% |
| └─International | $218.10M | $212.30M | +2.7% |
| └─Foodservice | $272.90M | $264.50M | +3.2% |
| GAAP Basic EPS | $0.36 | $0.34 | +5.9% |
| GAAP Diluted EPS | $0.36 | $0.34 | +5.9% |
| Adj. EPS | $0.41 | $0.39 | +5.1% |
| Net Income | $174.30M | $164.50M | +6.0% |
Financial Outlook / Guidance
| Metric | Next Quarter Outlook | FY27 Outlook |
|---|---|---|
| Organic Net Sales | — | (3)% to (1)% YoY |
| Adjusted Operating Margin | — | 10.0%-10.5% |
| Adjusted EPS | — | $1.40-$1.50 |
| Equity Earnings | — | ~$140M |
| Pension Income | — | ~$25M |
| Interest Expense | — | ~$360M |
| Capital Expenditures | — | ~$550M |
| Free Cash Flow Conversion | — | >90% |
| Net Leverage Ratio | — | ~4.0x |
Business Highlights
- ➤Gained dollar share in frozen vegetables, pudding, chili, frozen breakfast, hot dogs, and frozen desserts.
- ➤Foodservice volumes benefited approximately 150 basis points from customer-order timing.
- ➤Paid a quarterly dividend of $0.35 per share.
- ➤Repurchased $44.0M of Conagra common shares during the quarter.
- ➤Portfolio includes Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, and Angie's BOOMCHICKAPOP.
Management Commentary
John Brase, President and Chief Executive Officer
“We delivered a solid start to fiscal 2027 with top line results largely in line with expectations and profit ahead of expectations amid a challenging operating environment. Importantly, we are acting on our previously outlined priorities including restoring margins, increasing investment, reducing complexity, and rebalancing capital allocation, which are translating into measurable progress across the business. While there is more work to be done, we remain on track to deliver the year and are reaffirming our fiscal 2027 guidance.”