OverviewSuggest Edit

Conagra Brands (formerly known as ConAgra Foods) is a food company that makes and markets name-brand packaged and frozen foods.  It sells its products under a variety of brands. The company also produces seasoning and grain ingredients for the US food service, food manufacturing, and industrial markets.

In October 2018, Conagra Brands completed the acquisition of Pinnacle Foods

TypePublic
Founded1919
HQChicago, US
Websiteconagrabrands.com

Latest Updates

Employees (est.) (May 2019)18,000(+46%)
Job Openings364
Revenue (FY, 2019)$9.5 B(+21%)
Share Price (May 2020)$32.7 (+2%)

Key People/Management at ConAgra

Sean Connolly

Sean Connolly

President and Chief Executive Officer
Colleen Batcheler

Colleen Batcheler

Executive Vice President, General Counsel and Corporate Secretary
Dave Biegger

Dave Biegger

Executive Vice President and Chief Supply Chain Officer
Charisse Brock

Charisse Brock

Executive Vice President, Chief Human Resources Officer
Derek de la Mater

Derek de la Mater

Executive Vice President and Chief Customer Officer
Jon Harris

Jon Harris

Senior Vice President and Chief Communications Officer
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ConAgra Office Locations

ConAgra has offices in Chicago, Bentonville, Boston, Kennewick and in 9 other locations
Chicago, US (HQ)
222 W Merchandise Mart Plaza #1300
Bentonville, US
Bentonville, AR, USA
Boston, US
Boston, MA, USA
Kennewick, US
Kennewick, WA, USA
Naperville, US
Naperville, IL, USA
Omaha, US
Omaha, NE, USA
Show all (13)

ConAgra Financials and Metrics

ConAgra Revenue

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ConAgra's revenue was reported to be $9.54 b in FY, 2019 which is a 20.2% increase from the previous period.
USD

Net income (Q3, 2020)

204.7m

EBIT (Q3, 2020)

204.4m

Market capitalization (22-May-2020)

15.9b

Closing stock price (22-May-2020)

32.7
ConAgra's current market capitalization is $15.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

7.8b7.9b9.5b

Revenue growth, %

(33%)1%20%

Cost of goods sold

5.5b5.6b6.9b

Gross profit

2.3b2.4b2.7b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.7b2.1b2.0b1.8b2.2b2.0b1.8b2.4b2.7b2.4b2.8b

Cost of goods sold

1.9b1.4b1.4b1.3b1.5b1.4b1.3b1.7b2.0b1.7b2.0b1.9b

Gross profit

724.1m647.5m621.0m519.0m658.3m598.8m515.5m677.2m752.3m664.5m797.9m

Gross profit Margin, %

27%31%31%29%30%30%28%28%28%28%28%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

251.4m128.0m236.6m

Accounts Receivable

563.4m582.6m831.7m

Prepaid Expenses

228.7m186.8m93.8m

Inventories

934.2m997.1m1.6b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

648.0m811.8m678.4m

Depreciation and Amortization

268.0m257.0m333.0m

Inventories

123.3m(62.8m)78.0m

Accounts Payable

71.0m144.9m38.2m
USDY, 2020

Financial Leverage

2.8 x
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ConAgra Operating Metrics

Jul, 2015Jul, 2016Jul, 2017Jul, 2018Jul, 2019Mar, 2020

Manufacturing Facilities (United States)

32 27 30 33 47

Brands

74
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ConAgra Acquisitions / Subsidiaries

Company NameDateDeal Size
Pinnacle FoodsOctober 26, 2018$8.03 b
Sandwich Bros. of WisconsinFebruary 05, 2018$87.30 m
Angie's Artisan TreatsOctober 23, 2017$249.80 m
Thanasi FoodsApril 24, 2017$217.60 m
Frontera FoodsSeptember 26, 2016$108.10 m
Blake's All Natural FoodsMay 13, 2015$20.70 m
TaiMei PotatoJuly 14, 2014$92.20 m
RalcorpJanuary 29, 2013
BertolliAugust 20, 2012
Odom's Tennessee PrideApril 17, 2012
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ConAgra Revenue Breakdown

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ConAgra revenue breakdown by business segment: 18.1% from Pinnacle Foods, 9.8% from Foodservice, 8.3% from International, 29.4% from Refrigerated and Frozen and 34.4% from Grocery and Snacks

ConAgra Online and Social Media Presence

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ConAgra News and Updates

Conagra to prepay $275 million of debt that matures in October

Conagra Brands Inc. said Thursday it will prepay the remaining $275 million outstanding under its senior floating-rate notes that mature on October 22, as it moves to deleverage and boost its financial flexibility. The company said it has secured a $600 million senior three-year unsecured term loan…

Conagra Brands Continues Deleveraging Process

CHICAGO, May 21, 2020 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced continued progress against its deleveraging efforts and steps to further enhance its balance sheet strength and financial flexibility. Conagra will pre-pay, effective May 29, 2020, the remaining $275...

Conagra shares rise after demand jumps in the fourth quarter due to coronavirus-related stockpiling

Conagra Brands Inc. stock rose 4.3% in Tuesday premarket trading after the food company said it has experienced "significantly increased demand" in the fourth quarter and now expects to exceed expectations. For the fiscal third-quarter, Conagra's net income totaled $204.4 million, or 42 cents per s…

Conagra to give bonuses to full-time and part-time workers in the U.S., Mexico and Canada

Conagra Brands Inc. said Friday that it will give a $500 bonus to all U.S. employees at its production and distribution facilities, and a $250 bonus to part-time employees. Staff at facilities in Canada and Mexico will receive similar bonuses. The bonus is in recognition of the work done during the…

Conagra Brands Issues 2019 Update To Its Citizenship Report

CHICAGO, Feb. 19, 2020 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced it has published its 2019 Citizenship Update Report (available online here), which provides a look at Conagra's recent progress against key social and environmental initiatives. The Report focuses on...
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ConAgra Blogs

Vlasic®

Vlasic® possible.tech Thu, 10/25/2018 - 18:52 https://www.vlasic.com Weight 20

Armour Star®

Armour Star® possible.tech Thu, 10/25/2018 - 18:52 http://www.armour-star.com Weight 100

Mrs. Butterworth's®

Mrs. Butterworth's® possible.tech Thu, 10/25/2018 - 18:52 https://www.mrsbutterworths.com Weight 100

Glutino®

Glutino® possible.tech Thu, 10/25/2018 - 18:51 http://www.glutino.com Weight 100

2018 Annual Report & Proxy Statement

2018 Annual Report & Proxy Statement possible.tech Fri, 08/10/2018 - 17:50 https://materials.proxyvote.com/Approved/205887/20180731/AR_367553.PDF https://materials.proxyvote.com/Approved/205887/20180731/NPS_367817.PDF…
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ConAgra Frequently Asked Questions

  • When was ConAgra founded?

    ConAgra was founded in 1919.

  • Who are ConAgra key executives?

    ConAgra's key executives are Sean Connolly, Colleen Batcheler and Dave Biegger.

  • How many employees does ConAgra have?

    ConAgra has 18,000 employees.

  • What is ConAgra revenue?

    Latest ConAgra annual revenue is $9.5 b.

  • What is ConAgra revenue per employee?

    Latest ConAgra revenue per employee is $529.9 k.

  • Who are ConAgra competitors?

    Competitors of ConAgra include General Mills, Kellogg and J.M. Smucker.

  • Where is ConAgra headquarters?

    ConAgra headquarters is located at 222 W Merchandise Mart Plaza #1300, Chicago.

  • Where are ConAgra offices?

    ConAgra has offices in Chicago, Bentonville, Boston, Kennewick and in 9 other locations.

  • How many offices does ConAgra have?

    ConAgra has 13 offices.