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Conagra: EPS down 20% in Q1
(CercleFinance.com) - Conagra Brands reports adjusted EPS down 19.
7% to $0.53 for Q1 2024-25, with an adjusted operating margin down 2.4 points to 14.2% on revenues that fell 3.8% to $2.79bn. NB: pmt -3.2%. Organic revenues were down 3.5%, due to a 1.9% negative price/mix impact, mainly linked to the food group's strategic investments during the quarter, and a 1.6% decline in volumes. Conagra confirms its FY 2024-25 target ranges of $2.60 to $2.65 for adjusted EPS, 15.6% to 15.8% for its adjusted operating margin and -1.5% to 0% for organic revenue growth. Copyright (c) 2024 CercleFinance.com. All rights reserved. |
11/04/2025 17:33
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