Conagra Brands, US2058871029

Conagra Brands stock gains 1.21 percent after Q1 beat

Published on 10/03/2026 at 23:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Conagra Brands stock followed a fiscal Q1 adjusted EPS increase to USD 0.41 from USD 0.39. Revenue fell 1.4 percent to USD 2.6 billion, while fiscal 2027 EPS guidance stayed at USD 1.40-1.50.

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Conagra Brands (ISIN US2058871029) stock was last at USD 13.36 on the NYSE on October 2, 2026 at 4:00 p.m. ET, up 1.21 percent from the prior close of USD 13.20. The move followed a fiscal first-quarter earnings beat, as Yahoo Finance reported on September 30, 2026.

Q1 EPS rises as sales weaken

According to Conagra Brands on September 30, 2026, reported net sales for Q1 FY2027 fell 1.4 percent to USD 2.6 billion, while organic net sales declined 1.1 percent. Adjusted EPS rose 5.1 percent year over year to USD 0.41 from USD 0.39, and adjusted operating margin was 11.5 percent.

The earnings quality was mixed. Organic volume fell 2.1 percent, partly offset by a 1.0 percent price and mix benefit, while Foodservice organic sales increased 3.3 percent and International organic sales rose 0.9 percent in Q1 FY2027.

Guidance stays cautious

Conagra reaffirmed fiscal 2027 guidance for an organic net sales decline of 1 percent to 3 percent, adjusted operating margin of 10.0 percent to 10.5 percent and adjusted EPS of USD 1.40-1.50, according to Conagra Brands. The company also reported USD 7.4 billion of net debt and a 3.99 times net leverage ratio at August 30, 2026.

Analyst expectations remain restrained. Markets Insider reported on October 2, 2026 that Barclays lowered its price target to USD 16 from USD 17 while keeping an Overweight rating. MarketBeat listed a Reduce consensus among 18 tracked analysts and an average price target of USD 14.07 on October 3, 2026.

Stock stays below yearly high

Conagra Brands stock was last at USD 13.36 on the NYSE on October 2, 2026, 34.25 percent below its 52-week high of USD 20.32 and above its USD 12.53 low. Trading volume was 19,865,858 shares, while market capitalization stood at USD 6.4 billion.