CONAGRA BRANDS INC.

10-K & 10-Q Filings

Conagra Brands, Inc. is a leading branded food company based in Chicago. The company has a rich history and has transformed from a Midwestern flour-milling company into a branded consumer packaged goods food company. Conagra Brands operates in many sectors of the food industry, with a significant focus on the sale of branded, private branded, and value-added consumer food, as well as foodservice items and ingredients. The company's reporting segments include Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. Conagra Brands' website is <http://www.conagrabrands.com>, and its ticker symbol is CAG on the New York Stock Exchange. The company's mission is to add value for its customers in the retail food and foodservice channels by delivering sustainable, profitable growth with strong and improving returns on invested capital.

12 mos ending May 27, 201212 mos ending May 26, 201312 mos ending May 25, 201412 mos ending May 31, 201512 mos ending May 29, 201612 mos ending May 28, 201712 mos ending May 27, 201812 mos ending May 26, 201912 mos ending May 31, 202012 mos ending May 30, 202112 mos ending May 29, 202212 mos ending May 28, 20239 mos ending Feb 26, 20239 mos ending Feb 25, 2024CAGR %YoY %Revenue (+)
$13262.60
15491.40
17323.60
15500.50
11345.10
7631.40
7779.60
9147.00
10567.30
10764.30
11156.00
11867.40
9002.10
8819.20
-1.01%-2.03%Cost of Revenue (-)
$10435.70
11931.40
13980.10
12523.90
8552.10
5484.80
5586.80
6885.40
7984.80
8005.50
8697.10
9012.20
6822.30
6616.50
-1.32%-3.02%Gross Profit (+)
$2826.90
3560.00
3343.50
2976.60
2793.00
2146.60
2192.80
2261.60
2582.50
2758.80
2458.90
2855.20
2179.80
2202.70
0.09%1.05%Selling, General & Administrative (-)
$1997.70
2135.60
2767.10
3472.10
2209.40
1417.10
1318.00
1473.40
1622.50
1403.00
1492.80
2189.50
1463.10
1119.60
0.84%-23.48%Operating Expenses (-)
$1997.70
2135.60
2767.10
3472.10
2209.40
1417.10
1318.00
1473.40
1622.50
1403.00
1492.80
2189.50
1463.10
1119.60
0.84%-23.48%Costs & Expenses (Total) (-)
$12433.40
14067.00
16747.20
15996.00
10761.50
6901.90
6904.80
8358.80
9607.30
9408.50
10189.90
11201.70
8285.40
7736.10
-0.94%-6.63%Operating Income/Loss (+)
$829.20
1424.40
576.40
-495.50
583.60
729.50
874.80
788.20
960.00
1355.80
966.10
665.70
716.70
1083.10
-1.98%51.12%Non-operating Income/Expense (+)
$44.90
37.50
32.80
122.10
137.80
71.20
97.30
110.90
83.10
138.90
212.60
236.20
167.20
128.90
16.29%-22.91%Interest Expense (-)
$204.00
275.60
Earnings before Tax (+)
$625.20
1148.80
576.40
-495.50
583.60
729.50
874.80
823.30
969.90
1410.30
1033.40
689.90
734.90
1081.00
0.90%47.09%Tax Expense (-)
$195.80
400.20
298.20
234.00
225.40
254.70
174.60
218.80
201.30
193.80
290.50
218.70
237.00
297.10
1.01%25.36%Income/Loss (Continuing Operations) (+)
$474.30
786.10
311.00
-607.40
496.00
546.00
797.50
680.30
841.80
1300.90
742.90
471.20
497.90
783.90
-0.06%57.44%Income/Loss (Discontinued Operations) (+)
$0.10
4.10
366.60
-1161.90
102.00
14.30
-1.90
Profit/Loss (+)
$474.40
786.10
315.10
-240.80
-665.90
648.00
811.80
678.40
841.80
1300.90
888.20
683.20
646.90
914.90
3.37%41.43%Net Income/Loss (NCI) (-)
$6.50
12.20
12.00
11.80
11.10
8.70
3.40
0.10
1.70
2.10
-0.40
0.80
0.40
-50.00%Net Income/Loss (+)
$467.90
773.90
303.10
-252.60
-677.00
639.30
808.40
678.30
840.10
1298.80
888.20
683.60
646.10
914.50
3.51%41.54%Net Income/Loss (Common) (+)
$467.90
773.90
303.10
-252.60
-677.00
639.30
808.40
678.30
840.10
1298.80
888.20
683.60
646.10
914.50
3.51%41.54%EPS (Basic)
$1.13
1.88
0.72
-0.60
-1.57
1.48
2.00
1.53
1.72
2.67
1.85
1.43
1.35
1.91
2.16%41.48%EPS (Diluted)
$1.12
1.85
0.70
-0.60
-1.56
1.46
1.98
1.52
1.72
2.66
1.84
1.42
1.34
1.91
2.18%42.54%Weighted Avg Shares (Basic)
407.68
419.53
422.50
428.85
438.72
416.60
390.89
486.13
487.24
480.33
480.09
477.06
476.91
478.06
1.44%0.24%Cash
$103.00
183.90
183.10
183.10
251.40
128.00
236.60
553.30
79.20
83.30
93.90
71.20
78.50
-0.84%10.25%Receivables
$924.80
1286.20
1230.80
972.90
836.60
563.40
582.60
831.70
860.80
793.90
867.40
965.40
960.00
916.50
0.39%-4.53%Inventory
$1869.60
2394.10
2292.60
2201.20
1582.10
934.20
997.10
1571.70
1377.90
1734.00
1939.70
2232.00
2307.10
2143.40
1.62%-7.10%Prepaid Expenses (Current)
$
116.30
117.20
Other Assets (Current)
$321.40
515.60
524.30
310.50
1158.00
264.20
231.20
93.80
93.90
95.00
27.00
93.70
116.40
30.20
-10.60%-74.05%Assets (Current)
$3218.80
4379.80
4230.80
3667.70
3576.70
2013.20
1938.90
2733.80
2885.90
2702.10
3033.70
3385.00
3454.70
3285.80
0.46%-4.89%Property, Plant & Equipment (Net)
$2741.90
11085.70
11381.80
11046.60
8919.50
1664.90
1620.10
2395.30
2389.60
2608.50
2713.90
2773.80
2702.00
2876.70
0.11%6.47%Accumulated Depreciation
$3253.80
3367.30
3758.00
3830.40
3498.90
2636.90
2442.10
2614.80
2800.30
3016.20
3139.00
3417.30
3343.80
3593.90
0.45%7.48%Goodwill & Intangibles
$5206.90
11872.80
11042.30
9330.30
5810.60
5531.20
5787.00
16161.00
15752.00
15531.10
15182.30
14384.10
14742.60
14262.00
9.68%-3.26%Other Assets
$274.30
6917.20
7249.90
7866.00
7087.80
887.00
1043.50
923.70
1276.50
1353.90
1505.20
1509.70
1554.90
1495.40
16.77%-3.83%Assets (Non-current)
$8223.10
16025.50
15135.60
13874.50
9813.90
8083.10
8450.60
19480.00
19418.10
19493.50
19401.40
18667.60
18999.50
18634.10
7.74%-1.92%Assets (Total)
$11441.90
20405.30
19366.40
17542.20
13390.60
10096.30
10389.50
22213.80
22304.00
22195.60
22435.10
22052.60
22454.20
21919.90
6.15%-2.38%Accounts Payable
$1367.50
1788.80
1649.00
1576.50
1216.50
940.70
1079.00
1429.40
1715.00
1831.10
2016.30
1693.50
1722.90
1586.30
1.96%-7.93%Debt (Current)
$78.10
702.90
226.00
1015.90
610.20
227.20
584.30
21.60
846.60
730.50
891.60
2157.40
1174.60
1185.50
35.22%0.93%Other Liabilities (Current)
$779.60
909.60
767.40
717.80
705.70
552.60
672.90
691.60
725.80
744.60
610.90
589.80
663.50
699.10
-2.50%5.37%Liabilities (Current)
$2225.20
3401.30
2642.40
3310.20
2532.40
1720.50
2336.20
2142.60
3287.40
3306.20
3518.80
4440.70
3561.00
3470.90
6.48%-2.53%Debt (Non-current)
$2858.60
8886.90
8767.60
6888.90
4917.80
2769.20
3231.50
10655.70
8900.80
8275.20
8088.20
7081.30
8081.20
7491.80
8.60%-7.29%Other Liabilities
$1822.10
2754.10
2601.20
2733.10
2145.60
1528.80
1065.20
1951.80
2165.10
1982.80
1965.90
1723.30
1873.70
1731.70
-0.51%-7.58%Liabilities (Non-current)
$4680.70
11641.00
11368.80
9622.00
7063.40
4298.00
4296.70
12607.50
11065.90
10258.00
10054.10
8804.60
9954.90
9223.50
5.91%-7.35%Liabilities (Total)
$6905.90
15042.30
14011.20
12932.20
9595.80
6018.50
6632.90
14750.10
14353.30
13564.20
13572.90
13245.30
13515.90
12694.40
6.10%-6.08%Treasury Stock
$3767.70
3514.90
3494.40
3364.70
3136.20
4054.90
4977.90
2760.20
2729.90
2979.90
2997.60
3116.30
3119.50
3087.90
-1.71%-1.01%Retained Earnings
$4765.10
5129.50
5010.60
4331.10
3218.30
4247.00
4744.90
5047.90
5471.20
6262.60
6550.70
6599.40
6720.00
7011.70
3.00%4.34%AOCI
$-299.10
-196.10
-134.30
-329.50
-344.50
-212.90
-110.50
-110.30
-109.60
5.80
-11.20
-44.40
-23.50
-43.80
-86.38%Shareholder's Equity
$4536.00
5363.00
5355.20
4610.00
3794.80
4077.80
3756.60
7463.70
7950.70
8631.40
8862.20
8807.30
8938.30
9225.50
6.22%3.21%Liabilities & Equity
$11441.90
20405.30
19366.40
17542.20
13390.60
10096.30
10389.50
22213.80
22304.00
22195.60
22435.10
22052.60
22454.20
21919.90
6.15%-2.38%Net Income/Loss
$474.40
786.10
315.10
-240.80
-665.90
648.00
811.80
678.40
841.80
1300.90
888.20
683.20
646.90
914.90
3.37%41.43%Depreciation & Amortization
$371.80
445.20
602.90
592.30
373.90
268.00
257.00
333.00
388.90
387.70
375.40
369.90
277.00
291.70
-0.05%5.31%Increase/Decrease in Working Capital
$-145.40
-98.20
40.10
170.50
360.40
-199.00
-50.90
-102.40
-312.70
332.30
218.40
816.00
616.10
-171.60
-127.85%Share-based Compensation
$137.20
71.10
36.00
48.80
408.00
36.10
37.90
33.70
59.20
63.90
26.10
65.30
58.40
28.00
-6.53%-52.05%Adjustments to Reconcile Net Income
$575.40
626.10
1240.60
1721.40
1873.30
527.50
142.40
447.10
1000.80
167.20
289.10
312.20
56.50
616.40
-5.41%990.97%Net Cash (Operating)
$1052.00
1412.20
1551.20
1480.60
1207.40
1175.50
954.20
1125.50
1842.60
1468.10
1177.30
995.40
703.40
1531.30
-0.50%117.70%Capital Expenditure
$1024.70
5464.30
600.80
547.00
397.80
-260.10
243.60
5168.30
160.90
343.00
444.10
359.00
264.30
309.00
-9.09%16.91%Net Cash (Investing)
$-1064.30
-5465.80
-514.10
-41.60
2127.40
-189.30
-576.20
-5166.00
-153.80
-340.30
-434.90
-354.90
-260.20
-295.60
-13.60%Increase/Decrease in Debt
$-323.60
4288.70
-612.40
-1095.20
-2464.10
-1050.20
803.80
4060.50
-947.40
-1526.30
450.60
-255.60
-228.30
-278.90
-22.16%Increase/Decrease in Equity
$-352.40
24.20
-100.00
-52.30
8.60
-926.20
-952.40
-95.20
-304.30
-52.50
-154.10
-154.10
-3.30
97.86%Dividends Paid
$388.60
400.70
420.90
425.20
432.50
415.00
342.30
356.20
413.60
474.60
581.80
623.80
466.40
492.00
4.40%5.49%Net Cash (Financing)
$-849.60
4133.00
-1034.10
-1430.20
-2681.40
-1569.10
-506.90
4149.80
-1370.40
-1609.60
-738.00
-631.60
-454.50
-1250.30
-175.09%Effect of Exchange Rate
$-7.50
1.50
-3.80
-8.80
-2.00
-0.20
5.50
-0.70
-1.70
7.70
-1.30
1.70
-0.80
Increase/Decrease in Cash
$-869.40
80.90
-0.80
651.40
-583.10
-123.40
108.60
316.70
-474.10
3.10
10.60
-12.10
-14.60
-20.66%Cash (Beginning)
$972.40
103.00
183.90
183.10
183.10
834.50
251.40
129.00
237.60
554.30
80.20
83.30
83.30
93.30
-20.02%12.00%Cash (Ending)
$103.00
183.90
183.10
183.10
834.50
251.40
128.00
237.60
554.30
80.20
83.30
93.90
71.20
78.50
-0.84%10.25%NOPAT
$569.51
928.19
278.20
-729.50
358.20
474.80
700.20
578.73
760.75
1169.49
694.52
454.67
485.57
785.42
-2.03%61.75%Gross Margin %
21.31%
22.98%
19.30%
19.20%
24.62%
28.13%
28.19%
24.73%
24.44%
25.63%
22.04%
24.06%
24.21%
24.98%
Operating Margin %
6.25%
9.19%
3.33%
-3.20%
5.14%
9.56%
11.24%
8.62%
9.08%
12.60%
8.66%
5.61%
7.96%
12.28%
NOPAT Margin %
4.29%
5.99%
1.61%
-4.71%
3.16%
6.22%
9.00%
6.33%
7.20%
10.86%
6.23%
3.83%
5.39%
8.91%
Net Margin %
3.53%
5.00%
1.75%
-1.63%
-5.97%
8.38%
10.39%
7.42%
7.95%
12.07%
7.96%
5.76%
7.18%
10.37%
Tax Rate %
31.32%
34.84%
51.73%
-47.23%
38.62%
34.91%
19.96%
26.58%
20.75%
13.74%
28.11%
31.70%
32.25%
27.48%
ROA
4.98%
4.55%
1.44%
-4.16%
2.68%
4.70%
6.74%
2.61%
3.41%
5.27%
3.10%
2.06%
2.16%
3.58%
ROE
12.56%
17.31%
5.19%
-15.82%
9.44%
11.64%
18.64%
7.75%
9.57%
13.55%
7.84%
5.16%
5.43%
8.51%
ROIC
6.27%
3.78%
1.15%
-3.35%
2.43%
6.14%
9.09%
2.98%
4.03%
6.31%
3.74%
2.46%
2.59%
4.26%
Asset Turnover
1.16
0.76
0.89
0.88
0.85
0.76
0.75
0.41
0.47
0.48
0.50
0.54
0.40
0.40
Inventory Turnover
5.58
4.98
6.10
5.69
5.41
5.87
5.60
4.38
5.79
4.62
4.48
4.04
2.96
3.09
Equity Multiplier
2.52
3.80
3.62
3.81
3.53
2.48
2.77
2.98
2.81
2.57
2.53
2.50
2.51
2.38
Current Ratio
1.45
1.29
1.60
1.11
1.41
1.17
0.83
1.28
0.88
0.82
0.86
0.76
0.97
0.95
Quick Ratio
0.46
0.43
0.54
0.35
0.33
0.47
0.30
0.50
0.43
0.26
0.27
0.24
0.29
0.29
Debt/Equity Ratio
0.65
1.79
1.68
1.71
1.46
0.73
1.02
1.43
1.23
1.04
1.01
1.05
1.04
0.94
Working Capital/Sales
0.09
0.10
0.10
0.09
0.07
0.04
0.09
0.07
0.04
0.06
0.11
0.14
0.15
Dividend Payout Ratio %
68.23%
43.17%
151.29%
58.29%
120.74%
87.41%
48.89%
61.55%
54.37%
40.58%
83.77%
137.20%
96.05%
62.64%
Total Payout
$1064.60
-3912.20
1133.30
1572.70
2888.00
2391.40
490.90
-3609.10
1361.00
2305.20
183.70
1033.50
848.80
774.20
-0.27%-8.79%Payout Ratio %
186.93%
-421.49%
407.37%
215.59%
806.25%
503.66%
70.11%
-623.63%
178.90%
197.11%
26.45%
227.31%
174.81%
98.57%