Insights and Stories on ConAgra

Conagra trims profit forecast as higher inflation, promotions to dent margins

Dec. 19, 2024 at 10:13 am CST

Conagra Brands on Thursday joined rival General Mills in trimming its annual profit forecast and warning that price cuts on its products across grocery, snacks and frozen food items to spark demand will weigh on margins.

Packaged food giant Conagra Brands’ quarterly results miss on weak demand

Oct. 2, 2024 at 11:22 am CDT

By Anuja Bharat Mistry Reuters

Conagra tops profit, sales estimates even as consumers turn thrifty

Oct. 6, 2022 at 1:21 pm CDT

By Granth Vanaik Mehr Bedi

Conagra flags price increases to cushion inflation impact

Oct. 7, 2021 at 5:13 pm CDT

By Deborah Mary Sophia Mehr Bedi

Rail shippers pick sides as CP, CN bid for Kansas City Southern

Apr. 26, 2021 at 8:28 pm CDT

By Rod Nickel

Ex-Viterra chief Schmidt named Nutrien’s new CEO

Apr. 19, 2021 at 8:33 pm CDT

Canadian fertilizer and ag retail giant Nutrien has tapped a familiar name in agribusiness to lead the company, as the CEO it’s had since birth steps aside. Saskatoon-based Nutrien said Monday its board has named its current chairman, Mayo Schmidt, as the company’s new CEO. Replacing Schmidt as Nutrien’s chair […]

By Dave Bedard

Food retail order boom may ease after big quarter, Conagra says

Oct. 1, 2020 at 4:46 pm CDT

Reuters — Conagra Brands put better-than-expected first quarter sales on Thursday down to heavy ordering by retailers worried about the durability of supply chains in the months ahead as a second wave of coronavirus cases takes hold. Shares in the foodstuffs maker dipped as much as three per cent before […]

By Reuters

Ardent Mills to close four U.S. flour mills

May. 10, 2019 at 5:45 pm CDT

Reuters — Ardent Mills will close three U.S. flour mills next month and a fourth in the first quarter of 2020, the flour miller and food ingredient maker announced Friday. The company, a joint venture between ConAgra Foods, Cargill and CHS, said the closures were necessary due to “anticipated demand […]

By Karl Plume

Richardson to buy Wesson cooking oil brand

Dec. 18, 2018 at 5:58 pm CST

A household name in U.S. cooking oils is set to become part of Canadian grain handler and oilseed processor Richardson International. Chicago-based Conagra Brands said Tuesday it will sell its Wesson oil brand and related assets — including a 280,000-square foot U.S. processing plant at Memphis — to Richardson for […]

By Dave Bedard

Smucker drops bid to buy Wesson Oil after U.S. objects

Mar. 6, 2018 at 2:19 pm CST

Washington | Reuters — J.M. Smucker Co. said on Tuesday it will abandon its plan to acquire Conagra Brands’ Wesson Oil brand after the U.S. Federal Trade Commission had moved to block the deal arguing it would likely lessen competition and violate anti-trust law. Mark Smucker, CEO of J.M. Smucker, […]

By David Shepardson

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