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Conagra Reports Mixed Q3 Results, Lowers EPS Forecast

4/1/2026

42 10 Full Breakdown

Summary

Story summary

Conagra Brands, Inc. reported mixed results for the third quarter of fiscal 2026, with net sales at $2.79 billion, down 1.9% year over year, while organic sales rose 2.4%.
Adjusted earnings per share were $0.39, below the $0.40 consensus.
The company trimmed full-year adjusted EPS guidance to about $1.70.
Cost pressures are expected to reach about 7% for the year from higher ingredient prices and tariffs.

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Story summary

Conagra Brands, Inc. reported mixed results for the third quarter of fiscal 2026, with net sales at $2.79 billion, down 1.9% year over year, while organic sales rose 2.4%.
Adjusted earnings per share were $0.39, below the $0.40 consensus.
The company trimmed full-year adjusted EPS guidance to about $1.70.
Cost pressures are expected to reach about 7% for the year from higher ingredient prices and tariffs.