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Conagra Forecasts 2% Q2 Organic Sales Decline, Shares Fall

By Drooid · Sep 30, 2026, 10:54 PM UTC · How we work

Summary

Story summary

Conagra Brands forecast Q2 organic sales to decline 2%, missing expectations.
CFO Dave Marberger said transportation-cost inflation doubled, pushing full-year inflation to 5%-6% range.
Operating margin is expected to fall from 11.5% in Q1 to high single digits in Q2.
Shares dropped over 5.5% to a three-month low after the results.
CEO John Brase warned inflation and borrowing costs are shifting consumers toward cheaper private-label goods.

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Story summary

Conagra Brands forecast Q2 organic sales to decline 2%, missing expectations.
CFO Dave Marberger said transportation-cost inflation doubled, pushing full-year inflation to 5%-6% range.
Operating margin is expected to fall from 11.5% in Q1 to high single digits in Q2.
Shares dropped over 5.5% to a three-month low after the results.
CEO John Brase warned inflation and borrowing costs are shifting consumers toward cheaper private-label goods.