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%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

'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.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 729. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen