Key Takeaways: Conagra Brands is set to boost investments in its supply chain to enhance resiliency, with approximately $450 million allocated for capital expenditures in fiscal year 2026, as disclosed in a July 10 earnings call presentation. The company faced…
Conagra
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Key Points: Conagra Brands, based in Chicago, is expecting a significant increase in cost of goods sold (COGs) inflation for fiscal 2026, with a combination of 4% core inflation and a 3% rise due to tariffs, totaling around 7% according…
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Conagra Brands to Remove Artificial Colors from U.S. Frozen Portfolio Conagra Brands has announced that it will be removing artificial colors from its U.S. frozen portfolio by the end of this year. This move aligns with the company’s commitment to…
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Following President Donald Trump’s announcement to increase steel and aluminum tariffs from 25% to 50%, Conagra Brands CFO David Marberger stated that the company will take steps to counteract the impact of the duties. Marberger emphasized the challenges posed by…
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Key Takeaways: Conagra Brands has agreed to sell its Van de Kamp’s and Mrs. Paul’s brands to seafood producer High Liner Foods for $55 million. This move allows Conagra to focus on strengthening its core frozen offerings, as the two…
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Dive Brief: Conagra Brands has entered a definitive agreement to sell the Chef Boyardee brand to Hometown Food company, a part of private equity firm Brynwood Partners, for $600 million. Hometown will acquire a Pennsylvania plant and Chef Boyardee’s shelf-stable…
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Dive Brief: Conagra Brands has announced the closure of its nearly 100-year-old plant in Fennville, Michigan, impacting 85 employees. The plant, which currently produces pie filling, will shut down by the end of June. This move by Conagra is part…
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Key Takeaways: Conagra Brands has acquired Sweetwood Smoke & Co., the producer of Fatty Smoked Meat Sticks, in a deal whose terms were not disclosed, as announced by the Chicago-based company. The renowned packaged food company highlights Fatty as a…