Strong Consumer Response to Volume-Focused Investments
Conagra Brands received a tremendous consumer response to volume-focused investments in frozen snacks, achieving absolute volume growth in Q2 of the previous year.
Supply Chain Resiliency Investments
Conagra is advancing supply chain resiliency investments, including a chicken plant that will enable the repatriation of outsourced production at lower costs.
5% Productivity and Tariff Mitigation Efforts
In fiscal 2026, Conagra expects a strong productivity rate of just over 5%, which includes core productivity and tariff mitigation efforts.
Debt Reduction Plan
Conagra plans to pay down $700 million in debt in fiscal 2026, including $600 million from divestitures and $100 million from discretionary cash flow.
Banquet Mega Chicken Fillets Success
The Banquet Mega Chicken Fillets product exceeded sales expectations, showcasing successful premiumization and increasing dollar ring per unit.