ConAgra Foods (CAG) Tops Q3 EPS by 9c

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Go back to ConAgra Foods (CAG) Tops Q3 EPS by 9c

ConAgra Foods Fiscal 2016 Q3 EPS above Expectations; Strong Profit Growth and Margins for Both Segments; Completion of Private Label Sale Enables $2.15B Debt Reduction; on Track with Planned Separatio

April 7, 2016 7:30 AM EDT

OMAHA, Neb.--(BUSINESS WIRE)-- Today ConAgra Foods, Inc. (NYSE: CAG) reported results for the fiscal 2016 third quarter ended February 28, 2016.

Highlights (% cited indicates change vs. year-ago amounts, where applicable. SG&A refers to selling, general, and administrative expense, and COGS refers to cost of goods sold)

Diluted EPS from continuing operations as reported was $0.41, compared with $0.49 in the year-ago period. After adjusting for items impacting comparability, diluted comparable EPS of $0.68 this quarter was ahead of... More