ConAgra Foods (CAG) Tops Q1 EPS by 13c

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ConAgra Foods Delivers Continued Margin Expansion Propelling First Quarter EPS Ahead of Expectations

September 29, 2016 7:30 AM EDT

Conagra Brands and Lamb Weston to Host Investor Days in October

CHICAGO--(BUSINESS WIRE)-- Today ConAgra Foods, Inc. (NYSE: CAG) reported results for the fiscal 2017 first quarter ended August 28, 2016.

Highlights

(all comparisons are against the year ago period, unless otherwise noted)

GAAP diluted EPS from continuing operations of $0.42 grew 10% from $0.38; adjusted diluted EPS from continuing operations of $0.61, better than anticipated, grew 49%. Adjusted financial measures exclude comparability items and are non-GAAP measures. Please see the end of this release for... More