Retail
Conagra Beats on Profit but Posts a Sixth Straight Volume Decline as Freight Costs Run Double Its Plan
The packaged-food maker reaffirmed rather than raised full-year guidance, and its shares closed within about a dollar of a 52-week low.
DW
By Dana Whitfield
Oct 1, 2026 · 5 min read
Conagra Brands reported fiscal first-quarter net sales of $2.5959 billion, down 1.4% from a year earlier, with organic net sales off 1.1% on a 2.1% volume decline partly offset by a 1.0% gain in price and mix. It was the sixth consecutive quarter in which volumes fell.
Discussion (0)
Sign in to join the discussion.
Loading comments…
DW
Dana Whitfield
Leadership Editor
Dana reports on boards, succession and executive pay. She has interviewed more than 200 sitting chief executives.