Conagra Brands falls on earnings miss and lowered expectations for 2020

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

'Several discrete items negatively impacted top line growth,' the company said. Sales in the key grocery and snacks segment dropped by about 7%.

Conagra Brands, a packaged-food company, announced fourth-quarter results that missed analysts' expectations. The company also lowered its expected earnings for 2020. In a press release, the company said"several discrete items negatively impacted top line growth." One silver lining is the Gardein brand of plant-based meat alternatives that competes with Beyond Meat and Impossible Foods. Watch Conagra trade live on Markets Insider.

Conagra Brands, a packaged-food company, announced fourth-quarter results that missed analysts' expectations. The company also lowered its expected earnings for 2020. In a press release, the company said"several discrete items negatively impacted top line growth." One silver lining is the Gardein brand of plant-based meat alternatives that competes with Beyond Meat and Impossible Foods. Watch Conagra trade live on Markets Insider.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 729. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين