Conagra Brands reports Q1 adjusted EPS 53c, consensus 59c

Reports Q1 revenue $2.79B, consensus $2.84B. Sean Connolly, president and chief executive officer of Conagra Brands, commented, “Our team executed well to deliver on key priorities across the business during the first quarter in what continued to be a challenging environment. Our domestic retail volume progressed in-line with expectations, we increased share across the portfolio and advanced our portfolio reshaping initiatives. Overall, we are reaffirming our guidance for fiscal 2025, reflecting confidence in the underlying momentum of our business.”