Conagra Brands Narrows FY26 Guidance Within Original Range

(RTTNews) - Conagra Brands, Inc. (CAG) said, for fiscal 2026, the company now expects adjusted EPS of approximately $1.70, at the low end of its $1.70 to $1.85 guidance range. The company now expects its adjusted equity earnings to be approximately $140 million for fiscal year compared to the prior estimate of approximately $170 million. Adjusted operating margin is now projected near the high end of its approximately 11.0% to approximately 11.5% range. Organic net sales change is now expected near the midpoint of its guidance range of between a decline of 1% to an increase of 1%.

Third quarter net income attributable to Conagra Brands increased to $199.8 million from $145.1 million, prior year. Reported earnings per share was $0.42, a 40.0% increase. Adjusted earnings per share was $0.39, a 23.5% decrease. Net sales were $2.79 billion, down 1.9%. Organic net sales increased 2.4%.

In pre-market trading on NYSE, Conagra shares are down 0.25 percent to $15.66.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.