With lagging brand equity and muted profits, ConAgra Brands unlikely to boost its competitive edge.
In less than 18 months, CEO Sean Connolly is navigating a new course for ConAgra. After selling its private-label and spice operations, ConAgra is now splitting its consumer (ConAgra Brands) and commercial foods (Lamb Weston) businesses. But despite management's contention this will allow for more focused execution, we aren't convinced that this strategy will enhance its competitive edge.For one, despite a portfolio that includes some well-known brands--including Banquet, Marie Callender's, an...
Conagra Brands is a packaged goods food company. The company's segments are: Grocery and Snacks, which includes branded, shelf stable food products sold in various retail channels; Refrigerated and Frozen, which includes branded, temperature controlled food products sold in various retail channels; International, which includes branded food products sold in retail and foodservice channels outside of the U.S.; Foodservice, which includes customized food products for sale to restaurants and other foodservice establishments; Pinnacle Foods, which includes and private-label food products; and Commercial Foods, which included commercially branded and private label food and ingredients, among others.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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