NYSE$CAG

ConAgra Foods Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Conagra's first quarter results for fiscal year 2025 were reported, which ended on August 25, 2024.

Conagra Brands reported a decrease in net sales by 3.8% and a decrease in organic net sales by 3.5%. The reported EPS increased by 44.8%, while adjusted EPS decreased by 19.7%. The company reaffirmed its fiscal 2025 guidance.

  • Net sales decreased by 3.8%; organic net sales decreased by 3.5%.
  • Reported operating margin was 14.4%, a 247 basis point decrease; adjusted operating margin was 14.2%, a 244 basis point decrease.
  • Reported EPS was $0.97, a 44.8% increase; adjusted EPS was $0.53, a 19.7% decrease.
  • The company reaffirmed its fiscal 2025 guidance.

Headline financials

Total Revenue

$2.79B

Previous: $2.9B-3.8%
EPS

$0.97

Previous: $0.66+47.0%
Adjusted EBITDA

$528M

No prior period
Capital Expenditures

-$133M

Previous: -$144M+7.4%
Free Cash Flow

$334M

Previous: $176M+89.6%
Net Income

$467M

Previous: $320M+46.0%
Operating Income

$494M

Previous: $526M-6.1%
Gross Profit

$739M

Previous: $823M-10.2%
Cash & Equivalents

$129M

Previous: $93.3M+37.9%
Total Assets

$21.2B

Previous: $22.4B-5.0%
Stock-Based Comp

$20.6M

Previous: -$2.7M+863.0%

Revenue & EPS history

ConAgra · Revenue · Quarterly

$2.79B

Q1 2025-3.8%vs Q1 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

ConAgra · $549M total across 2 segments · Q1 2024

  • Foodservice
    $289M+5.1%
  • International
    $260M+11.1%

Forward guidance

The company is reaffirming its fiscal 2025 guidance.

Tailwinds

  • Organic net sales of (1.5)% to flat compared to fiscal 2024
  • Adjusted operating margin between 15.6% and 15.8%
  • Adjusted EPS between $2.60 and $2.65
  • Free cash flow conversion of approximately 90%
  • Net leverage ratio of approximately 3.2x

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.4%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-0.0%

Avg return

30 days after

50%

36 / 72 earnings

Positive

+20.7%

Q2 2020

Best reaction

-23.9%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-0.1%-6.2%
Q2 2026-2.6%-4.0%-4.7%
Q1 2026+5.5%+2.2%-6.1%
Q4 2025-1.3%-6.2%-6.8%
Q3 2025+1.5%-5.3%-9.6%
Q2 2025-0.9%+1.0%-5.7%
Q1 2025-10.3%-11.1%-11.5%
Q4 2024-1.6%+0.6%+4.7%
Q3 2024+7.0%+7.6%+5.3%
Q2 2024-3.7%+0.1%+0.6%
Q1 2024-0.5%+3.8%+4.8%
Q4 2023-0.2%-2.4%-5.2%
Q3 2023+2.1%-0.0%+0.6%
Q2 2023+6.0%+4.6%-5.7%
Q1 2023-2.8%+0.3%+6.4%
Q4 2022-5.6%-6.4%-3.8%
Q3 2022+0.5%+2.2%+3.6%
Q2 2022+1.8%-0.5%+1.7%
Q1 2022-2.2%-3.1%-5.5%
Q4 2021-5.7%-3.0%-6.5%
Q3 2021-2.8%-0.1%+1.9%
Q2 2021-4.6%-7.9%-3.1%
Q1 2021+3.3%+3.2%-1.7%
Q4 2020+5.8%+5.1%+10.9%
Q3 2020+5.4%+10.6%+18.5%
Q2 2020+20.7%+17.2%+14.7%
Q1 2020+1.3%-1.4%-10.0%
Q4 2019-8.3%-7.8%+0.8%
Q3 2019+15.5%+18.4%+33.3%
Q2 2019-23.9%-27.9%-25.9%
Q1 2019-5.8%-7.3%-1.8%
Q4 2018-6.3%-8.4%-2.5%
Q3 2018+0.5%+2.7%+3.1%
Q2 2018-0.2%+0.2%-1.0%
Q1 2018+1.2%+0.2%+1.0%
Q4 2017-4.3%-5.0%-8.4%
Q3 2017-0.0%-0.7%+0.4%
Q2 2017+4.7%+4.9%+3.0%
Q1 2017+9.2%+10.1%+11.5%
Q4 2016+1.7%+0.3%-1.8%
Q3 2016+1.6%
Q2 2016+3.5%
Q1 2016-6.8%
Q4 2015+2.7%
Q3 2015+5.2%
Q2 2015-0.6%
Q1 2015+5.0%
Q4 2014+3.1%
Q3 2014+1.6%
Q2 2014+5.5%
Q1 2014-3.3%
Q4 2013+4.7%
Q3 2013-2.5%
Q2 2013-0.6%
Q1 2013+7.3%
Q4 2012+3.0%
Q3 2012+1.1%
Q2 2012-1.2%
Q1 2012-1.4%
Q4 2008+0.6%
Q4 2011+0.6%
Q3 2011-0.1%
Q2 2011+0.3%
Q1 2011+0.3%
Q4 2010+1.1%
Q3 2010-0.1%
Q3 2009-0.1%
Q2 2010+0.1%
Q1 2010-0.5%
Q4 2009-0.5%
Q1 2009-0.5%
Q2 2009-0.5%

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