7/102 sources · 2 publishersUpdated Oct 9, 00:11 UTC
Conagra Brands posts Q1 2026 profit rise despite sales dip
Conagra Brands reported first‑quarter 2026 net sales of US$2.6 billion, a 1.4% decline year‑over‑year. Net income rose 6% to US$174 million and adjusted earnings per share increased 5.1% to US$0.41. The company cut net debt by US$193 million and affirmed a US$0.175 quarterly dividend.
Why it matters
The company expects organic net sales to fall 1%‑3% in fiscal 2027 and adjusted EPS of US$1.40‑US$1.50, which could shape investor expectations for future earnings.
Key facts
- 1Net sales were US$2.6 billion for Q1 2026, down 1.4% year‑over‑year. millingmea.com
- 2Net income was US$174 million, up 6% from US$165 million a year earlier. millingmea.com
- 3Adjusted earnings per share were US$0.41, up 5.1% year‑over‑year. millingmea.com
- 4Net debt at period‑end was US$7.4 billion, a reduction of US$193 million (2.5%) from the prior‑year period. millingmea.com
- 5Operating cash flow was negative US$4 million, versus US$121 million a year earlier. millingmea.com
- 6The company affirmed a quarterly dividend of US$0.175 to be paid on Dec 3 2026. simplywall.st
Open questions
- Material 1 reports sales as US$2.6 billion while material 2 reports US$2,595.9 million, a minor rounding difference.
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.