Thursday, March 23, 2017

ConAgra Brands Updates FY17 Forecast After Weak Q3 Results

Food producer ConAgra Brands Inc. on Thursday updated its fiscal 2017 forecast for adjusted earnings and net sales after reporting lower attributable net income and net sales in its third quarter. Income from continuing operations, however, soared from last year. Sean Connolly, CEO said, "..we are updating our full year guidance to reflect the beneficial timing of certain costs and...

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