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Tonawanda cookie facility to be part of ConAgra divestiture

2015-07-02 19:29:43| Agriculture - Topix.net

As ConAgra Foods Inc. moves forward to sell its former RalCorp Holdings assets, the company's Tonawanda cookie-making plant will be among them. In its quarterly earnings statement, CEO Sean Connolly said, "As I have intensely studied the situation in our Private Brands operations over the last few months, it has become clear that the time and energy the company is devoting to the private brands turnaround represent a suboptimal use of our resources.

Tags: part facility cookie tonawanda

 

ConAgra to Exit Private Label Business

2015-07-01 22:06:00| Food Processing

Huge 2012 Ralcorp acquisition not paying off; net loss for the fiscal year just ended.

Tags: business private label exit

 
 

ConAgra to exit Private Brands labelling business

2015-07-01 01:00:00| Food Processing Technology

US-based packaged food company ConAgra Foods is planning to leave its struggling store-brand packaged food business to focus on enhancing its faster growing brand products, such as Chef Boyardee, Hebrew National hot dogs, and Slim Jim meat sticks.

Tags: business private brands exit

 

ConAgra Foods Inc (CAG) Meets Earnings Expectations, Time To Buy In?

2015-06-30 16:43:06| Food - Topix.net

ConAgra Foods Inc has reported its fiscal fourth quarter 2015 financial results for the quarter ending May 31, 2015. The quarterly results of the packaged food company were in-line with the market's expectations on the bottom line, with diluted earnings per share of $0.59 after adjusting for items impacting comparability, over net sales of $4.10 billion during the quarter.

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What to Expect When ConAgra Foods (CAG) Posts Earnings Tuesday

2015-06-29 23:49:57| Food - Topix.net

Wall Street is expecting ConAgra to earn 59 cents per share on revenue of $4.135 billion for the fourth quarter, according to analysts polled by Thomson Reuters. In the same quarter of last year, the company earned 55 cents per share on sales of $4.44 billion.

Tags: posts tuesday expect foods

 

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