UPDATE: ConAgra Brands (CAG) Reports In-Line Q4 EPS, Offers 3-Year and FY18 Guidance

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Conagra Brands' Transformation Continues With Solid End To Strong Fiscal 2017

June 29, 2017 7:28 AM EDT

CHICAGO, June 29, 2017 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the fourth quarter and full fiscal year 2017, which ended on May 28, 2017.   

Highlights

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

For the full fiscal year, diluted earnings per share (EPS) from continuing operations grew from $0.29 to $1.25, with the fourth quarter improving from $(0.27) to $0.36; adjusted1 diluted EPS from continuing operations grew 33.8% from $1.30 to $1.74 in fiscal 2017, with strong growth in the fourth quarter of 15.6% to $0.37. For the full fiscal... More