Conagra Brands, US2058871029

Conagra Brands reaffirms outlook. Conagra Brands stock falls 1.35 percent.

Published on 10/05/2026 at 17:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EPS was USD 0.41 in fiscal 2027 first quarter, up 5.1 percent year over year. Conagra Brands stock costs EUR 11.71 on October 5, 2026 after EUR 11.87.

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Conagra Brands (ISIN US2058871029) was trading at EUR 11.71 at Lang & Schwarz on October 5, 2026 at 5:11 p.m. CEST, down 1.35 percent from the EUR 11.87 prior close. The company reaffirmed its fiscal 2027 outlook on September 30, 2026, including organic net sales of down 3 percent to down 1 percent, adjusted operating margin of 10.0 percent to 10.5 percent and adjusted earnings per share of USD 1.40 to USD 1.50, according to Conagra Brands.

Fiscal outlook stays in place

For the first quarter of fiscal 2027, Conagra reported net sales of USD 2.60 billion, down 1.40 percent from the prior-year quarter. Net income rose 6.00 percent to USD 174.30 million, while reported diluted earnings per share increased 5.90 percent to USD 0.36, according to Conagra Brands in its September 30, 2026 release.

The adjusted picture was stronger on profit than on sales. Adjusted earnings per share reached USD 0.41 in the first quarter of fiscal 2027, up 5.10 percent from USD 0.39 in the prior-year quarter, while adjusted operating margin was 11.50 percent.

Volumes remain the pressure point

Conagra said first-quarter organic net sales fell 1.10 percent because a 1.00 percent price and mix benefit was outweighed by a 2.10 percent volume decline. Grocery and Snacks organic sales fell 2.00 percent, while Foodservice organic sales increased 3.30 percent to USD 272.90 million, making the segment contrast central to the recovery effort.

Cash generation was weaker than earnings. Net cash used in operating activities was USD 4.20 million in the first quarter of fiscal 2027, compared with USD 120.60 million generated in the prior-year quarter, while free cash flow was negative USD 127.90 million.

Analyst targets stay cautious

MarketBeat reported on October 3, 2026 that Zacks Research upgraded Conagra Brands from strong sell to hold and cited a consensus target of USD 14.07. The same report said adjusted earnings per share of USD 0.41 exceeded the USD 0.28 consensus estimate for the first quarter of fiscal 2027.

MarketScreener reported on September 18, 2026 that Deutsche Bank raised its price target from USD 12.00 to USD 13.00 while keeping a hold rating. The target change points to a cautious view even as first-quarter profit exceeded the cited consensus estimate.

Stock remains below prior close

Conagra Brands had a market capitalization of USD 6.30 billion and a 52-week range of USD 12.53 to USD 20.32 as of October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Conagra Brands stock.