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Story summary
- Conagra Brands ended Celeste frozen pizzas after roughly 64 years.
- CEO John Brase announced the exit on the September 30 fiscal first-quarter 2027 earnings call.
- Brase said Celeste was a low-profit, small brand with no future, prompting its removal.
- The discontinuation trimmed first-quarter net sales by about 15 basis points but is expected to lift margins.