Report
Erin Lash
EUR 147.86 For Business Accounts Only

As It Sets Its Own Course, ConAgra Brands Seeks to Spice Up Sales and Profits; Shares a Bit Inflated

We walked away from ConAgra Brands’ inaugural investor event convinced that management is working to drive material change at the firm, both with regards to improving the brand equity of its products and striving to drive out significant costs from its operations. For example, ConAgra has historically emphasized growth above all else, prompting the firm to pursue unprofitable promotions, which failed to ignite the top line and resulted in low-double-digit operating margins that have materially l...
Underlying
Conagra Brands Inc.

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.

Provider
Morningstar
Morningstar

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.

We have operations in 27 countries.

Analysts
Erin Lash

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