Conagra Brands down after maintaining annual forecast

Conagra Brands

19/12/2025 15:32

** Shares of packaged food company Conagra Brands CAG.N down 2% at $17.36

** Co maintains forecast as pressured consumer spending and stiff competition weigh on demand

** CAG incurred impairment charge of $968 million in Q2

** Posts Q2 revenue decline of 6.8% to $2.98 billion, in line with analysts' average estimate- data compiled by LSEG

** As of last close, stock down ~36% YTD

 (Reporting by Koyena Das in Bengaluru)

 ((Koyena.das@thomsonreuters.com))