Conagra Brands reports Q2 adjusted EPS 45c, consensus 44c

Reports Q2 revenue $2.98B, consensus $2.98B. Sean Connolly, president and chief executive officer of Conagra Brands (CAG), commented, “While we continued to navigate a challenging consumer environment in the second quarter, I am pleased with the continued underlying momentum we are seeing across the business. As we look ahead to the second half, we are well positioned to return to organic net sales growth supported by a robust innovation pipeline, increased merchandising and A&P investment, and a resilient supply chain. While the macro environment remains dynamic, our active management and focused execution give us confidence in our path forward. Accordingly, we are reaffirming our fiscal 2026 guidance.”