Conagra Brands reported first-quarter 2026 sales of US$2,595.9 million, down from US$2,632.6 million a year earlier, while net income rose to US$174.3 million from US$164.5 million and earnings per share from continuing operations increased to US$0.36 from US$0.34. The company maintained its quarterly dividend at US$0.175 per share and faced an unsuccessful shareholder proposal. The results show higher profitability on slightly lower sales, which management framed as a focus on earnings quality and capital returns. Conagra's investment narrative projects $11.0 billion in revenue and $810.2 million in earnings by 2029, implying fairly flat yearly revenue growth. More cautious analysts had assumed revenue would shrink about 1.7% a year and reach roughly US$10.7 billion with earnings near US$427 million.
Conagra Brands, Inc.Conagra's Q1 2026 net income and EPS rose to $174.3M and $0.36 despite slightly lower sales, and it maintained its $0.175 dividend.
