ConAgra Foods Inc (CAG)

[barnyarddog]

20 Biggest Snack Companies in the World

March 14, 2024
https://www.insidermonkey.com/blog/20-biggest-snack-companies-in-the-world-1274317/
11. Conagra Brands, Inc. (NYSE:CAG)

Market Capitalization: $13.55 billion

Conagra Brands, Inc. (NYSE:CAG), based in Chicago, is a snack powerhouse with a lineup of awesome brands like Birds Eye, Duncan Hines, Healthy Choice, and more that you’ll find in stores, restaurants, and food service spots worldwide.

In the second quarter of 2023 ending November, Conagra Brands, Inc. (NYSE:CAG) net sales took a slight hit, dropping 3.2% from the previous year, with organic net sales falling 3.4%. Their operating margin landed at 14.0%, showing a slight dip of 261 basis points from the prior year, while the adjusted operating margin was 15.9%, down by 108 basis points. Looks like Conagra is still cooking up big snack flavors!