Thursday, December 22, 2016

Conagra Brands Reaffirms 2017 Outlook; Q2 Sales Down 11.5% - Quick Facts

Conagra Brands, Inc. (CAG) reaffirmed its fiscal 2017 outlook. The company expects net sales to decrease between 4% and 5% (excluding the impacts of divestitures), and to achieve adjusted gross margin of 30.4% to 30.6%, adjusted operating margin of 15.3% to 15.5%, and adjusted EPS of between $1.65 and $1.70.

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