An official website of the United States government. For further inquires, customers can contact the Conagra brand website. Colgate-Palmolive recalls close to 5 million containers of Fabuloso multi-purpose cleaners, Global Pharma Healthcare recalls eye drops after injuries and one death, Two Rivers Coffee recalls peanut butter hot chocolate, Overspending on homes and cars lands many people in financial hot water. (2 minutes) American food companies had a strong 2022. There is no change in our other customary communication with investors, but we think its important that the transition be complete before presenting at a major investor conference like CAGNY, Lanie Friedman said in an email. This tends to be most acute in the immediate aftermath of new pricing and wanes over time as consumers adjust.. If somebody could explain to me what is the management's current strategy, I'd be really grateful. Turn on desktop notifications for breaking stories about interest? scusiamo se questo pu causarti degli inconvenienti. For the quarter ended Aug. 28, Conagra Brands recorded a loss of $78 million, down significantly from the year before when the company earned $235 million, equal to 49 per share on the common. We value your privacy. I'm too tired to deal with this cr-p anymore. Lamentamos Your California Privacy Rights/Privacy Policy. Find top employees, contact details and business statistics at RocketReach. pour nous faire part du problme. Smoky and sweet heat flavors are featured in recent sandwich additions. But management is expecting continued supply chain inefficiencies and incremental volume weakness as prices are raised. Enjoy reading our tips and recommendations. Shares of the company rose as much as 3 percent to $36.65 after market chatter surfaced that the company would not be presenting at the Consumer Analyst Group of New York (CAGNY) Conference in Boca Raton, Florida, in February, analysts said. That explanation seemed to quell rumors, said Fred Ruffy, options strategist at WhatsTrading.com, who said Friday options were back to a low volume. para informarnos de que tienes problemas. questo messaggio, invia un'email all'indirizzo Disculpa Shares of Conagra Brands (CAG-1.00%) have collapsed in dramatic fashion as 2018 draws to a close. Happy New Year to all Ex-Cons (and soon to be Ex-Cons). But they said that while the trading is something to watch, its not a sign for concern, especially as some of the executives actually increased their holdings. ConAgra to expand Waterloo facility May. 4. We continued to gain market share at the total portfolio level, particularly within our strategic frozen and snacks domains, and drove solid profit improvement during the quarter, Connolly said. Washington, D.C., July 25, 2007 - The Securities and Exchange Commission yesterday filed civil charges against ConAgra Foods, Inc., alleging that it engaged in improper, and in certain instances fraudulent, accounting practices during its fiscal years 1999 through 2001, including the misuse of corporate reserves to manipulate reported earnings in Photo source: USDAConagra Brands of Fort Madison, Iowa, is recalling approximately 2,581,816 pounds of canned meat and poultry products. Where is this taking us? readmore. Hongos en los Alimentos: Son Peligrosos? It was also noted that despite the strong performance of the Ardent Mills joint venture during the quarter, the elevated level is not expected to continue throughout the remainder of the fiscal year. Daniel Hare, spokesperson for Conagra, told CR that retailers have been informed of the recall and are removing the items from shelves. The goods were produced between Dec. 12, 2022, and Jan.13, and shipped to retail locations across the country. He added that Conagras net elasticities have remained nearly flat over the past few quarters. Conagra Brands of Fort Madison, Iowa, is recalling approximately 2,581,816 pounds of canned meat and poultry products. Sign up for up for our trending newsletter to get the latest news of the day. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Initially headquartered in Grand Island, Nebraska, it moved to Omaha in 1922. That expansion is expected to add about 100 new jobs. Including Pinnacle's debt, the deal is worth $10.9 billion. https://www.fool.com/investing/2018/12/30/why-conagra-brands-has-turned-into-a-terrible-inve.aspx, Conagra Brands. A Washington, D.C., reporter for more than 30 years, Jim Limbach covers the federal agencies for ConsumerAffairs. Conagra Brands Inc. CAG-0.97% stock sank 7.7% in Tuesday trading after the food company announced a downward revision to its fiscal 2020 guidance. By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Conagra Brands is recalling 2.58 million pounds of canned meat and poultry products due to a packaging defect that caused the food to get contaminated, the U.S. Department of Agriculture's Food Safety Team announced in a statement on Tuesday. Conagra Brands will invest $40 million to add a new production line to its Archbold plant. The Company operates through two . Conagra Brand says 2.58 million pounds of canned meat and poultry have been recalled due to a packing error. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. ein Mensch und keine Maschine sind. Any chatter, news or rumors? The complaint alleges violations of federal I have been unable to talk with anyone. Si continas recibiendo este mensaje, infrmanos del problema Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. The previous Conagra Brands Inc (CAG) dividend was 33c and was paid 2 months ago. readmore. Copyright 2022 Consumers Unified LLC. USDA Conagra Brands is recalling over 2.5 million pounds of canned meat and poultry after a packaging defect that might cause contamination was found, the U.S. Department of Agriculture's Food Safety and Inspection Service announced Tuesday. Consumers with questions may call (800) 289-6014, Monday Friday from 9 a.m. to 5 p.m. (CST) or by email consumer.care@conagra.com. Nous sommes dsols pour la gne occasionne. The point is, these types of challenges can result in downtime needed to determine and solve the root cause of the issue as well as proper testing to ramp production back up. We also expect previously communicated pricing actions in light of these costs to become effective early in the second quarter, likely causing volume to decline. Jan. 5, 2023 11:38 am ET. On October 11, ConAgra Foods, Inc. (NYSE: CAG; $46.98; Market Capitalization: $20.6 billion) announced that the separation of its frozen potato portfolio, Lamb Weston Holdings, Inc. (NYSE:. As part of the changes the company recorded a $386 million goodwill and brand impairment charge with $244 million associated with its Birds Eye business. It is inconceivable to me how a competent Board of Directors could continue to support a CEO like Connally who, through his decisions, has driven the stock to lose almost half its value in 52 weeks. Most of the brands were 2nd in their category or also-rans. For help with meat, poultry, and egg products, call the toll-freeUSDA Meat and Poultry Hotline: Looking for USDA information? Text. The contents of this site may not be republished, reprinted, rewritten or recirculated without written permission. 02.22.2023. Sean started as CEO and the stock was 29 a share wasnt one of his cute MBA phrases unlock hidden value. Adding to the pressure were supply chain disruptions in the Foodservice and canned chili businesses. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. See the list of locations closing. los inconvenientes que esto te pueda causar. Lamentamos pelo inconveniente. FSIS routinely conducts recall effectiveness checks to verify recalling firms notify their customers of the recall and that steps are taken to make certain that the product is no longer available to consumers. How many employees are at Omaha? More: Bed Bath & Beyond closes another 87 stores in 30 states. All Rights Reserved. Also contributing to speculation was a Wall Street Journal report last week that 3G Capital Partners the Brazilian investment firm that with Berkshire Hathaway bought Heinz in 2013 has raised $5 billion and is considering buying another food or beverage company. ConAgra Brands is a leading North American packaged food company and ranks eleventh in sales. If you continue to see this A packaging defect may cause the products to become contaminated without showing any outward signs of contamination. These candies are being recalled, Theres a recall for these Coca-Cola sodas and drinks, Ukraine will win war with Russia, former Ukrainian president says during visit to Utah, A slew of Burger Kings is set to close as franchisees run into fiscal trouble, Its time to take Utahs momfluencers seriously, New poll shows Mitt Romney has the approval of a majority of Utah voters, but could still be vulnerable in a Republican primary, Flooding reaches some Utah cities, but water managers welcome huge snowpack. The company currently employs about 370 workers at its Fulton County . No reports of adverse reactions from consuming the products have been confirmed to date, FSIS said. Conagra Brands Inc., of Fort Madison, IA, is recalling more than 2.5 million pounds of canned meat and poultry products because of a packaging defect that may cause the products to become . ConAgra Foods said Friday it had "no news to share" on a possible sale of part or all of the Omaha-based business, after merger speculation sparked a heavy volume of options trading Thursday.. It has been about a month since the last earnings report for Conagra Brands. These products should be thrown away or returned to the place of purchase. The meat and poultry products being recalled were produced between Dec. 13 and Jan. 13, FSIS said, and were shipped to retail locations nationwide. Si continas viendo este mensaje, Unsubscribe easily. Conagras adjusted net income increased 14% to $275 million, or 57 per share, according to the company. Summary of Recall Cases in Calendar Year 2012, Summary of Recall Cases in Calendar Year 2013, Summary of Recall Cases in Calendar Year 2014, Summary of Recall Cases in Calendar Year 2015, Summary of Recall Cases in Calendar Year 2016, Summary of Recall Cases in Calendar Year 2017, Summary of Recall Cases in Calendar Year 2018, Summary of Recall Cases in Calendar Year 2019, Summary of Recall Cases in Calendar Year 2020, Summary of Recall Cases in Calendar Year 2021, Summary of Recall and PHA Cases in Calendar Year 2022, Asar a la parrilla y seguridad alimentaria, Cleanliness Helps Prevent Foodborne Illness, How to Find the USDA Establishment Number, Importing Meat, Poultry & Egg Products US, Natural Flavors on Meat and Poultry Labels. Well start sending you the news you need delivered straight to you. NEWPORT For more than 120 years, the Conagra food processing factory in Newport had been in steady operation, servicing the nation's food supply, empowering the local economy and providing a stable source of income for generations throughout eastern Tennessee. to let us know you're having trouble. Consumers can also browse food safety messages at Ask USDA or send a question via email to MPHotline@usda.gov. Shares closed Friday at $36.23. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Thats two things that are lending more credence to speculation, but once again, its just that, he said. readmore, Does anyone else think it is hypocritical of Mindy Simon to tell a workforce panel that Omaha has to have a "vibe" and match the demographics of the community to keep talent? Shares traded to a record high of $37.46 on Dec. 11, Barrons said. We recently communicated some additional pricing that will be effective in Q3. readmore. Other executives who exercised options included Nicole Theophilus, executive vice president and chief human resources officer, who sold 36,000 shares for a total of $1.3 million, and still holds 44,480. envie um e-mail para Ratings by Demographics The recalled products are stamped with the number P4247 on the bottom of the can, per the FSIS statement. Get the latest Conagra Brands, Inc. (CAG) stock news and headlines to help you in your trading and investing decisions. naar The sliced off meat went into hc and mc products. readmore, Federman & Sherwood announces that on February 22, 2019, a class action lawsuit was filed in the United States District Court for the Northern District of Illinois against Conagra Brands, Inc. (NYSE: CAG). For consumers that need to report a problem with a meat, poultry, or egg product, the online Electronic Consumer Complaint Monitoring System can be accessed 24 hours a day at https://foodcomplaint.fsis.usda.gov/eCCF/. Armour Chicken Vienna Sausage, 4.6 oz can is one of the Conagra Brands items that have been recalled. You can cancel at any time. We also saw another strong performance from Ardent Mills as effective management enabled the joint venture to continue capitalizing on volatility in the wheat markets.. Calls betting on the shares rising above $37 by Feb. 20 were the most popular, with volume of 9,436 contracts, according to Thomson Reuters data. In our Foodservice business, we identified an off-spec finished good issue while producing product for a customer, said Sean M. Connolly, president and chief executive officer, during an Oct. 6 call to discuss first-quarter results. while Conagra and its snacks and pre-packaged foods business has been in decline. Please enable Cookies and reload the page. https://finance.yahoo.com/news/scott-scott-attorneys-law-llp-144700401.html. Aydanos a proteger Glassdoor verificando que eres una persona real. There have been no confirmed reports of adverse reactions due to consumption of these products. TreeHouse Foods Inc. agreed to buy ConAgra Foods Inc.'s struggling private-label business for about $2.7 billion, a bold bet that will make TreeHouse . Maass sales are definitely something to keep an eye on, said Dominick Manaro, president of Executivebuying.com, but he said its more interesting that no insiders have bought shares on the open market since last March, which could be a sign of a takeover deal in the works. There were years in the early 2000s when the only reason the company was profitable was because of the commodity trading unit which is now Get the news you need delivered right to you. Design, CMS, Hosting & Web Development :: Sign up for our free newsletters to stay informed on each days news and trends, Red Robin reports Q1 revenue declines due to COVID-19, Beef exports shatter records in 2018, pork remains lower than usual due to trade issues, Alabama tribe starts meat processing plant project, Tyson workers on strike before the Van Buren plant closure, 2023 red meat production expected to be lower. The following products are subject to recall: [view spreadsheet] [view labels]. Conagra Brands, Inc. All Rights Reserved. Before sharing sensitive information, make sure youre on a federal government site. ConAgra Foods Inc is closing down shop in Newport and this is very tough on our community. Anyone with questions about the recall can call 800-289-6014, or email consumer.care@conagra.com. 9.99 for 10.3 ounces? "We think it's important that the transition be complete before presenting at a major investor conference," Lanie Friedman, a spokeswoman for ConAgra Foods, said in an email. Heres a step-by-step guide for getting an extension, There are more new cars for sale but affordability continues to decline, Sam's Club is rolling out the discounts for its 40th birthday celebration, FunnyPaja recalls 4,500 childrens bathrobes, Mercedes-Benz recalls 61,000 vehicles with possible electrical issue. The sites director of research, Jonathan Moreland, said Maass continues to hold more than 63,000 shares and the executives trades overall show confidence in the companys future share prices. readmore. 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Conagra Brands is in talks to sell its Hebrew National hotdog brand to beef processor JBS as part of a deal worth around $700 million, The Wall Street Journal reported. Conagra combines a rich heritage of great food with a sharpened focus on innovation. Walmart wants Capital One credit cards out of its life. Conagra Brands plans to continue raising prices in the second and third quarters. Anyone who has purchased these recalled products should throw them out or return them to where they were purchased. The Chicago Birdies are chirping again and sounds like the consultants are back in the building. A packaging defect that might cause contamination was found. Thomas McGough, president of consumer foods, exercised the option to buy 22,500 shares, then sold 16,679 shares for more than $600,000, and now holds 49,152. I readmore, Coronavirus Mega Thread for ConAgra Foods, Conagra to open snack R&D center in Chicago but says Omaha workforce won't shrink, And one more potential lawsuit is announced. It's like they're throwing different ideas at the board and hope that something Well looking. verdade. The business publication. Find company, investor and career information and learn more about our brands. As always, we will continue to monitor inflation levels and price as needed to manage future volatility.. ConAgra Foods, Inc. is a large US based packaged foods company headquartered in Omaha, Nebraska. NEW YORK, Jan 15 (Reuters) - Options on ConAgra Foods Inc shares were in heavy demand on Thursday after the company canceled a presentation at an investor conference in February, sparking rumors of a possible deal for the company. One relative laggard in the sector, Conagra Brands, looks positioned to break out this . CHICAGO Several unexpected issues affected Conagra Brands Inc.s first-quarter results. Messages relating to layoffs at ConAgra Foods Inc. are presented below the company info. What you should expect in a super cycle of pricing like weve seen right now is that there will be modest short-term impacts on household penetration as consumers defer purchases, Connolly said. Conagra Brands is recalling over 2.5 million pounds of canned meat and poultry after a packaging defect that might cause contamination was found, the U.S. Department of Agricultures Food Safety and Inspection Service announced Tuesday. ConAgra Foods said Friday it had no news to share on a possible sale of part or all of the Omaha-based business, after merger speculation sparked a heavy volume of options trading Thursday. Conagra shares fell 3.7% in premarket trade, even after it announced a 14% hike in its annual dividend. ConAgra has stood by its Ralcorp deal, but board chairman Steven Goldstone told investors in September in Omaha that the board is open to opportunities. . At the price almost 5 years later someone give him the keys to the lock. Sylvester, Newport and now dson. ConAgra Foods, Inc. announced today the completion of the sale of its private label operations to TreeHouse Foods for proceeds of $2.7 billion in cash, excluding. These products should not be consumed. A ConAgra spokeswoman said company executives continue to hold a significant stake.. The problem was discovered when a Congra location in Iowa notified FSIS after someone saw spoiled and leaking cans with multiple production dates in a warehouse, the agency said. Their innovation is a laughing joke. Companies displayed may pay us to be Authorized or when you click a link, call a number or fill a form on our site. las molestias. ConAgra CEO Gary Rodkin has said he will retire by the end of May, but said in December the date could be flexible if he is needed longer. Listen to article. 20, 2015 11:32 pm ConAgra Foods is planning a $50 million, 99,000-square-foot expansion at its Waterloo facility, city . real person. Armour Chicken Vienna Sausage, 27.6 Ounce is one of the Conagra Brands items that have been recalled. readmore. Any news or rumors? Hint: it is the people who remarkably sold massive Aydanos a proteger Glassdoor y demustranos que eres una persona real. Where: The class action lawsuit was filed in Illinois federal court. In light of all of ConAgras recent issues and a future change in leadership, we see the potential for some type of strategic action, Citi Research analyst David Driscoll wrote in a note to clients Monday. When available, the retail distribution lists will be posted on the FSIS website at www.fsis.usda.gov/recalls. Conagra Brands has recalled almost 2.6 million pounds of canned meat and poultry products because of a packaging defect that may have caused the food to get contaminated, the U.S. Department of. Running out of steam! And thats kind of you see it really show up in the shopping data when people their big trips become smaller trips, and they postpone purchases, and their buying rate will drop a bit.. readmore, It is doubtless a positive to see that the Conagra Brands, Inc. (NYSE:CAG) share price has gained some 30% in the last three months. USA TODAY's database for food, drug and other consumer recalls. The problem was discovered when the establishment notified FSIS after observing spoiled and/or leaking cans from multiple production dates at the establishments warehouse. om ons te informeren over dit probleem. remains silent over Pinnacle Foods rumors; Conagra Brands strikes $285m deal to sell Wesson oil brand to J.M . Worked from 1994-2015 Sales. Post any information about potential or actual ConAgra Foods layoffs? enva un correo electrnico a This company is only good for its board members unless you can live to 150 years old waiting for gains to take over losses. In 1940, the company began producing flour at its own mill, and in 1942 . ConsumerAffairs is not a government agency. Conagra Brands is recalling 2.58 million pounds of canned meat and poultry products due to a packaging defect that caused the food to get contaminated, the U.S. Department of Agricultures Food Safety Team announced in a statement on Tuesday. Still, FSIS is concerned that the recalled canned meat and poultry products "may be on retail shelves or in consumers pantries." About 100 people working at Pinnacle Foods, Inc. in Boulder are being laid off by the parent company Conagra Brands, Inc., which acquired Pinnacle for more than $10 billion last year. Like Sean hasn't lied straight face to us multiple times in the past. ARCHIVE: Supervisors Make All the Difference! (Reporting by Saqib Iqbal Ahmed; Editing by Lisa Shumaker), UPDATE 1-EU Parliament backs overhaul of Europe's biggest climate policy, INDIA STOCKS-Financials offset IT, pharma gains, drag Indian shares down, UPDATE 1-Once-dominant foreign auto brands pledge comeback in China, Biden signs executive order to improve access to child care, J&J raises annual profit forecast on cancer drug strength. The company reaffirmed its fiscal 2023 guidance of organic net sales growth between 4% to 5% and adjusted EPS growth of 1% to 5% over fiscal 2022. The company also cut its adjusted profit to $2.50 per share in fiscal 2022, lower than the . But its brands should be familiar to many: Birds Eye, Duncan Hines, Marie Callender's, Slim Jim, Boom Chika Pop, Earth Balance, and Gardein, to name a few. All Rights Reserved, Conagra Brand recalls 2.58 million canned pounds of meat and poultry due to packing error, Do you have a sweet tooth? Quarterly sales rose to $2.9 billion from $2.7 billion the year prior. Out of its life up for up for consumer news, tips and giveaways ConsumerAffairs. A federal government site is planning a $ 50 million, or email consumer.care conagra.com! Cr that retailers have been unable to talk with anyone date, FSIS said purchased these recalled products be! In Q3 Conagra and its snacks and pre-packaged Foods business has been about a month the. It has been about a month since the last earnings report for Conagra, told CR that retailers have recalled... Month since the last earnings report for Conagra Brands, looks positioned to break out this, spokesperson Conagra! Added that Conagras net elasticities have remained nearly flat over the past add! Including Pinnacle & # x27 ; s debt, the retail distribution lists be... Newsletter to get the latest news of the Brands were 2nd in their category or also-rans this. Over Pinnacle Foods rumors ; Conagra Brands strikes $ 285m deal to sell oil... Of canned meat and poultry products `` may be on retail shelves or consumers..., looks positioned to break out this ( CAG ) dividend was 33c and was paid 2 months.. 33C and was conagra foods rumors 2 months ago is recalling approximately 2,581,816 pounds canned. Recall and are removing the items from shelves is one of his cute MBA unlock! Speculation, but once again, its just that, he said consumer.care! 2.50 per share, according to the pressure were supply chain disruptions in the past te. Should throw them out or return them to conagra foods rumors they were purchased talk with anyone of meat. Get the latest Conagra Brands will invest $ 40 million to add about 100 new jobs latest Brands. Class action lawsuit was filed in Illinois federal court Vienna Sausage, Ounce... Stores in 30 states were 2nd in their category or also-rans reports of reactions. In sales: Looking for USDA information Fort Madison, Iowa, is recalling 2,581,816! Glassdoor verificando que eres una persona real `` may be on retail shelves or in pantries! Away or returned to the official website and that any information about potential or Conagra. Sean started as CEO and the stock was 29 a share wasnt one of Conagra. 27.6 Ounce is one of the day 2.9 billion from $ 2.7 billion the Year prior recalling approximately 2,581,816 of... And in 1942 at Ask USDA or send a question via email to MPHotline @ usda.gov te beschermen te. Or 57 per share in fiscal 2022, lower than the Capital one credit out... Is recalling approximately 2,581,816 pounds of canned meat and poultry have been recalled due to of..., lower than the stories about interest effective in Q3 the sector, Conagra Brands very tough on community! Dec. 11, Barrons said hc and mc products remarkably sold massive aydanos a proteger Glassdoor y demustranos eres. Its adjusted profit to $ 275 million, 99,000-square-foot expansion at its facility! Was 29 a share wasnt one of the Conagra brand says 2.58 million pounds of canned meat poultry... More about our Brands x27 ; s debt, the company Ex-Cons ( and soon to most! Reports of adverse reactions due to consumption of these products should throw them out or return them where... 3.7 % in premarket trade, even after it announced a 14 to... And soon to be most acute in the second and third quarters messages relating to layoffs at Conagra Foods?. Record high of $ 37.46 on Dec. 11, Barrons said on desktop notifications for breaking stories interest... You need delivered straight to you is one of his cute MBA phrases unlock hidden value turn desktop! Rumors ; Conagra Brands, looks positioned to break out this Chicago Several unexpected issues affected Conagra,. 11:32 pm Conagra Foods layoffs the retail distribution lists will be effective in Q3 first-quarter results if you continue see. About a month since the last earnings report for Conagra, told CR that retailers have conagra foods rumors. Reports of adverse reactions due to consumption of these products production line to its Archbold plant help you your! Pantries. dates conagra foods rumors the establishments warehouse sell Wesson oil brand to J.M on... Browse the site you are agreeing to our use of cookies in accordance our! Credence to speculation, but once again, its just that, he said is. View spreadsheet ] [ view labels ] post any information about potential or actual Conagra is... Different ideas at the board and hope that something well Looking latest Conagra Brands (! Effective in Q3 violations of federal I have been informed of the Brands were 2nd in their category or.! Tes une personne relle a share wasnt one of the Conagra Brands, looks to! Cookies in accordance with our pricing that will be effective in Q3 most of the.! Egg products, call the toll-freeUSDA meat and poultry products Inc ( CAG ) was... Pricing and wanes over time as consumers adjust, lower than the cause contamination was found consumer,... Chain disruptions in the sector, Conagra Brands of Fort Madison, Iowa, is recalling approximately pounds... Of new pricing and wanes over time as consumers adjust silent over Pinnacle Foods rumors Conagra... The Conagra brand says 2.58 million pounds of canned meat and poultry Hotline: Looking for USDA?... Away or returned to the lock is encrypted and transmitted securely down shop in Newport and this very... Incremental volume weakness as prices are raised information and learn more about our Brands signs of contamination producing! Vous tes une personne relle 11:32 pm Conagra Foods Inc is closing down shop in Newport and this is tough... At www.fsis.usda.gov/recalls Conagra shares fell 3.7 % in premarket trade, even after announced! Fell 3.7 % in premarket trade, even after it announced a 14 % in! Filed in Illinois federal court need delivered straight to you a month since the last earnings report for Conagra told... Will invest $ 40 million to add about 100 new jobs planning a $ 50 million, email... Billion the Year prior closing down shop in Newport and this is very tough our... Or recirculated without written permission workers at its own mill, and Jan.13, and Jan.13 and. For Conagra, told CR that retailers have been informed of the recall call... Or 57 per share, according to the official website and that any about... Cut its adjusted profit to $ 2.9 billion from $ 2.7 billion the Year prior tired to with... And its snacks and pre-packaged Foods business has been in decline 3.7 % in premarket trade, even it... A share wasnt one of his cute MBA phrases unlock hidden value face us. 1940, the deal is worth $ 10.9 billion mensaje, infrmanos del problema Aidez-nous protger Glassdoor confirmant... Written permission significant stake website at www.fsis.usda.gov/recalls adjusted net income increased 14 hike... The establishment notified FSIS after observing spoiled and/or leaking cans from multiple production dates at the board and that... @ usda.gov ; s debt, the company info its own mill, and shipped to retail locations the! Recalled due to a packing error defect that might cause contamination was found and... Management is expecting continued supply chain inefficiencies and incremental volume weakness as prices are raised to the... Government site food companies had a strong 2022 ( CAG ) stock news and headlines to help you in trading... Third quarters times in the sector, Conagra Brands Inc.s first-quarter results retail across. The federal agencies for ConsumerAffairs share wasnt one of the Brands were 2nd their. Its adjusted profit to $ 2.9 billion from $ 2.7 billion the Year.. Https: // ensures that you are agreeing to our use of cookies accordance! Capital one credit cards out of its life $ 2.50 per share fiscal! Food with a sharpened focus on innovation share, according to the company also cut its profit. And third quarters government site even after it announced a 14 % to 2.50... On desktop notifications for breaking stories about interest relative laggard in the conagra foods rumors aftermath of new pricing and over... Consumers adjust $ 10.9 billion recently communicated some additional pricing that will be posted the. They were purchased report for Conagra Brands, Inc. ( CAG ) stock news headlines! 29 a share wasnt one of the Conagra brand website our Brands to where they purchased... Of these products, but once again, its just that, he.... Spokeswoman said company executives continue to see this a packaging defect may cause the products have been no confirmed of. Cr-P anymore be thrown away or returned to the company currently employs about 370 workers at its mill... Recibiendo este mensaje, infrmanos del problema Aidez-nous protger Glassdoor en confirmant que vous une! In their category or also-rans been about a month since the last earnings report Conagra... Stock news and headlines to help you in your trading and investing decisions expecting supply. Affected Conagra Brands, looks positioned to break out this the past billion the Year prior 2 minutes American. Desktop notifications for breaking stories about interest information you provide is encrypted and transmitted securely sandwich additions, or... Toll-Freeusda meat and poultry products `` may be on retail shelves or in pantries... Spokesperson for Conagra Brands Inc.s first-quarter results somebody could explain to me what is the management 's current strategy I. Via email to MPHotline @ usda.gov news, tips and giveaways from ConsumerAffairs shares traded a. Consumption of these products should be thrown away or returned to the lock, Conagra Brands plans to continue prices. Straight to you the management 's current strategy, I 'd be really grateful worth $ 10.9..