Consumer Staples
Packaged Foods
$12.84B
19K
Key insights and themes extracted from this filing
Net sales decreased by 0.4% to $3,195.1 million for the thirteen weeks ended November 24, 2024, compared to $3,208.1 million for the same period in the previous year. For the twenty-six weeks ended November 24, 2024, net sales decreased by 2.0% to $5,990.0 million compared to $6,112.1 million in the prior year.
Total operating profit decreased to $472.5 million for the thirteen weeks ended November 24, 2024, compared to $543.3 million in the prior year. This was primarily driven by a significant decrease in operating profit in the Refrigerated & Frozen segment, which declined by 53.4%.
Net income attributable to Conagra Brands, Inc. was $284.5 million for the thirteen weeks ended November 24, 2024, compared to $286.2 million for the same period in the previous year. For the twenty-six weeks ended November 24, 2024, net income attributable to Conagra Brands, Inc. was $751.3 million compared to $605.9 million in the prior year.