Conagra brands: Q1 EPS up 16%
(CercleFinance.com) - Conagra Brands has reported 15.
8% growth in Q1 2023-24 adjusted EPS to $0.66 and a 0.3-point improvement in its adjusted operating margin to 16.7%.
The agrifood group's sales held steady at $2.9bn, as a positive currency effect of 0.3% offset a 0.3% decline in organic sales (attributable to a 6.6% fall in volumes).
Conagra confirrms its full-year guidance of adjusted EPS of between $2.70 and $2.75, an adjusted operating margin of between 16% and 16.5%, and organic sales growth of around 1%.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
8% growth in Q1 2023-24 adjusted EPS to $0.66 and a 0.3-point improvement in its adjusted operating margin to 16.7%.
The agrifood group's sales held steady at $2.9bn, as a positive currency effect of 0.3% offset a 0.3% decline in organic sales (attributable to a 6.6% fall in volumes).
Conagra confirrms its full-year guidance of adjusted EPS of between $2.70 and $2.75, an adjusted operating margin of between 16% and 16.5%, and organic sales growth of around 1%.
Copyright (c) 2023 CercleFinance.com. All rights reserved.