Picture of Conagra Brands logo

CAG — Conagra Brands News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer DefensivesBalancedLarge CapSuper Stock

No doubt that consumer is under pressure, says Conagra CEO

No doubt that consumer is under pressure, says Conagra CEO 

- Conagra Brands CAG.N CEO John Brase on Wednesday said the consumer was definitely pressured and that the packaged goods company was working to improve productivity to limit the amount of price rises for its customers.

Conagra posted a volume-led decline in first-quarter organic net sales on Wednesday, with high inflation and price-sensitive consumers hampering Brase's efforts to turn around the packaged foods maker.


(Reporting by Alexander Marrow)

((alexander.marrow@thomsonreuters.com; +447393253522))

Recent news on Conagra Brands

See all news