Conagra Q3 adj EPS 0.39 usd, down 23.5%; sees FY adj EPS at 1.70 usd
(Il Sole 24 Ore Radiocor) - Milano, 1 apr - The US food company Conagra Brands said that in the third quarter ended February 22 reported diluted earnings per share (EPS) was 0.42 dollar, a 40.0% year-on-year increase, while adjusted EPS fell to 23.5% to 0.39 dollars.
Net sales decreased 1.9% to 2.8 billion dollars. Organic net sales increased 2.4%.
the eported operating margin was 10.0% and the adjusted operating margin stood at 10.6%.
The company narrowed its fiscal 2026 guidance. It now expects organic net sales change near the midpoint of its minus 1% to plus 1% range.
It anticipates the adjusted operating margin to be near the high end of its 11.0-11.5% range and adjusted EPS of approximately 1.70 dollars, at the low end of its 1.70-1.85.
dollar range.
(RADIOCOR) 01-04-26 17:05:16 (0573) 5 NNNN