Conagra Brands Inc (CAG) Q1 2025 Earnings Report

In the first quarter of fiscal 2025, Conagra Brands Inc (CAG) reported notable challenges, notably a temporary manufacturing disruption impacting its Hebrew National hot dog segment, which resulted in a significant 47% decline in revenue from this brand. The company nonetheless demonstrated resilience in other areas, achieving meaningful volume improvements in its domestic retail business and exhibiting share gains across a majority of its portfolio. With revenue declining to $2.794 billion, a year-over-year decrease of 3.76%, Conagra continues to maintain its focus on productivity advancements aimed at achieving $1 billion in cost savings by the end of fiscal 2025. Management has reaffirmed confidence in reaching fiscal 2025 guidance despite external pressures.