ConAgra Foods is a prominent American packaged foods company that specializes in producing and marketing a wide range of food products
The company offers a diverse portfolio that includes frozen meals, condiments, snacks, and cooking ingredients, catering to both retail and food service sectors. With a focus on delivering high-quality, convenient food options, ConAgra works to innovate and meet the changing tastes and preferences of consumers. The company is committed to sustainability and responsible sourcing, aiming to support healthy eating and contribute positively to the communities it serves.
Stay informed about the performance of the S&P500 index in the middle of the day on Friday. Uncover the top gainers and losers in today's session for valuable insights.
Consumer staples are considered safe havens in turbulent markets due to their inelastic demand profiles. But they’re also double-edged swords as they often lag in booming conditions, and this pattern has persisted recently.
Over the past six months, the industry has recorded a loss of 7.9%, a far cry from the S&P 500’s 6.7% ascent.
Stay informed about the performance of the S&P500 index in the middle of the day on Friday. Uncover the top gainers and losers in today's session for valuable insights.
Shares of packaged foods company Conagra Brands (NYSECAG)
fell 7.7% in the morning session after the company reported underwhelming preliminary full-year 2025 guidance and expects sales and profits to be below its previous forecast. Precisely, the company expects full-year earnings of about $2.35 (vs. previous guidance of $2.45 to $2.50 per share). Organic sales are also expected to decline by 2% year on year (vs previous guidance of a decline between 1.5% and flat growth).
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Let's delve into the developments on the US markets in the middle of the day on Monday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.