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CONAGRA BRANDS INC.

Food and Kindred Products · DE · CIK 23217

Conagra Brands is a leading branded food company selling consumer packaged goods and foodservice items

red 8-K · 90d🔥 High media attention
$6.57B
Market cap
$13.98
Last close
-0.7%
1D
+8.8%
5D
158.9M
Volume
Price · last 39 sessions+0.9%
May 4L $12.58 · H $14.36Jun 29
273
Total filings
Jun 23, 2026
Last filing
05/31
Fiscal year end

Insider Activity

In the 90 days to Nov 4, 2025: 1 insider bought $187K · 1 sold $224K.

DateInsiderActionSharesPriceValue
Nov 4, 2025Napier Melissa C.SVP, Corporate ControllerSell13,011$17.19$224K
Oct 7, 2025Brown Thomas KDirectorBuy10,000$18.72$187K

Open-market buys & sells (Form 4, transaction codes P/S). Source: SEC structured insider data.

What Changed

Risk factors · Jul 11, 2024Jul 10, 2025

33 added · 18 removed between the two most recent 10-Ks. The risks a company starts — or stops — disclosing are often the story.

Newly disclosed
  • Negative or inaccurate posts or comments about us, our brands, or our products on social or digital media or inaccurate information contained in shopping, health or product evaluation applications which may use outputs derived from artificial intelligence applications could seriously damage our brands and reputation.
  • If we do not allocate and effectively manage the resources necessary to build and sustain the proper technology infrastructure and associated automated and manual control processes, including related to new artificial intelligence technologies, we could be subject to billing, payment, and collection errors, business disruptions, or damage resulting from security breaches.
  • A significant increase in our wage and benefit costs, pension obligations, or future funding requirements could have a negative impact on our results of operations and cash flows from operations. 18 Table of Contents Goodwill or Other Intangible Assets Risks Impairment in the carrying value of goodwill or other intangibles could result in the incurrence of impairment charges and negatively impact our net worth.
  • While we expect elevated levels of input cost inflation in fiscal 2026 compared to fiscal 2025, partially driven by increased or fluctuating tariffs, we could experience higher than expected input cost inflation in specific commodities or across multiple commodities.
  • Our divestiture activity may result in impairment charges and gains or losses on such sales, or lost 19 Table of Contents operating income from such divested businesses, may impact our profitability.
  • We have committed to investing in automation, connected data, improved equipment, and artificial intelligence to upgrade our operations and increase productivity.
  • Any impairment to goodwill or other intangible assets could negatively impact our net worth.
  • The global economy has been negatively impacted by geopolitical conflicts, and related export controls and economic sanctions, including the continuing military conflict between Russia and Ukraine, conflicts in the Middle East, and rising tensions elsewhere including between China and Taiwan.
  • These gains and losses are reported in cost of goods sold in our Consolidated Statements of Earnings within general corporate expenses and are reclassified to segment operating results in the period in which the underlying item being economically hedged is recognized in cost of goods sold.
  • Investments in our facilities and operations, including investments in new facilities, equipment, technologies and digital transformation, may result in periods of decreased production or increased costs and such investments may not achieve the intended financial benefits.
  • Additionally, we have in the past, and may in the future, incur increased costs or periods of decreased production relating to upgrading facilities, equipment and technologies, transferring production among our facilities, utilizing third-party contract manufacturers, closing existing facilities, expanding existing facilities, and opening new facilities.
  • If the cost of our investments is higher than anticipated, the investments are not sufficient to meet our business needs, we are unable to fully utilize new or upgraded facilities, or we are unable to complete our improvement and expansion projects in a timely manner or in accordance with our specifications, we may be delayed in realizing the intended benefits or our financial performance could be negatively affected.
No longer disclosed
  • Any impairment to goodwill or other intangible assets could negatively impact our net worth. 18 Table of Contents Securities Risks We may not repurchase the full share repurchase value currently authorized.
  • Goodwill or Other Intangible Assets Risks Impairment in the carrying value of goodwill or other intangibles could result in the incurrence of impairment charges and negatively impact our net worth.
  • While we expect moderate input cost inflation in fiscal 2025, we could experience unexpectedly high input cost inflation in specific commodities or across multiple commodities.
  • The global economy has been negatively impacted by geopolitical conflicts, such as the continuing military conflicts between Russia and Ukraine, which has resulted in governments in the U.S., United Kingdom, and European Union imposing export controls on certain products and financial and economic sanctions on certain industry sectors and parties in Russia, the conflict between Israel and Hamas, and rising tensions elsewhere in the Middle East and between China and Taiwan.
  • Finally, changes in the laws of foreign jurisdictions in which we operate may adversely affect the ability of some of our foreign subsidiaries to repatriate funds to us. 9 Table of Contents Inflation, increased interest rates and other economic conditions including potential recession and credit market disruptions could negatively impact our business.
  • These gains and losses are reported in cost of goods sold in our Consolidated Statements of Earnings and in unallocated general corporate expenses in our segment operating results until we utilize the underlying input in our manufacturing process, at which time the gains and losses are reclassified to segment operating profit.
  • Additionally, negative reaction to our marketing and advertising, including our social media content, could result in damage to our brands and reputation. 12 Table of Contents Failure to comply with local laws and regulations, to maintain an effective system of internal controls or to provide accurate and timely financial information could also hurt our reputation.
  • Additionally, the increase in hybrid working where employees, including third-party employees, access technology infrastructure remotely may create additional information technology and data security risks. 16 Table of Contents If we do not allocate and effectively manage the resources necessary to build and sustain the proper technology infrastructure and associated automated and manual control processes, we could be subject to billing, payment, and collection errors, business disruptions, or damage resulting from security breaches.
  • High employee turnover of key personnel may deplete our institutional knowledge base and erode our competitiveness. 17 Table of Contents We compete with other companies both within and outside of our industry for talented personnel.
  • As of May 26, 2024, we had goodwill of $10.58 billion and other intangibles of $2.71 billion.
  • A significant increase in our wage and benefit costs, pension obligations, or future funding requirements could have a negative impact on our results of operations and cash flows from operations.
  • The termination or expiration of current co-manufacturing arrangements could reduce our sales volume and adversely affect our results of operations.

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