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OFFON

CONAGRA BRANDS, INC.

(CAG)
  Report
Delayed Quote. Delayed Nyse - 01/14 04:10:00 pm
35.11 USD   +2.15%
01/14U.S. grocery shortages deepen as pandemic dries supplies
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01/14Shoppers bemoan empty supermarket shelves
RE
01/10INSIDER SELL : Conagra Brands
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Conagra Brands Recognizes 10 Facilities as 2021 Zero Waste Champions; Facilities Diverted More Than 95 Percent of Materials From Landfill

11/16/2021 | 08:17am EST

CHICAGO-- In celebration of America Recycles Day, Conagra Brands is honoring its employees who are keeping materials out of landfills through innovative recycling and waste reduction measures. Ten Conagra facilities across the United States and Canada have been awarded Zero Waste Champion status for diverting more than 95 percent of waste materials from landfills. In fiscal year 2021, 87 percent of the solid waste generated at all Conagra's facilities was diverted to more beneficial uses through recycling, product donations to bolster food supplies at area food banks, use as animal feed, energy generation, or land applications to improve soil quality.

Conagra emphasizes a systematic and strategic approach to reduce the amount of waste its facilities generate to maximize the use of resources for the future. Conagra began the Zero Waste Champion program more than 10 years ago to recognize facilities that have employed environmentally responsible practices to avoid waste, which helps preserve natural resources, combat pollution, and reduce greenhouse gas emissions that contribute to climate change.

'Our teams are constantly exploring new, creative ways to eliminate waste and help reduce Conagra's climate impact,' said Ale Eboli, executive vice president and chief supply chain officer at Conagra Brands. 'Our Zero Waste Champion facilities serve as a model for all production facilities to follow and I commend them for their efforts.'

This year's honorees include frozen, snacks, international, and grocery manufacturing facilities. The 2021 Zero Waste Champion facilities are:

Brookston, Indiana

Dresden, Ontario

Hamburg, Iowa

Lake View, Iowa

Mankato, Minnesota

Maple Grove, Minnesota

Menomonie, Wisconsin

Oakdale, California

Saint Elmo, Illinois

Waseca, Minnesota

About Conagra Brands

Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company's portfolio is evolving to satisfy people's changing food preferences. Conagra's iconic brands, such as Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, and Slim Jim, as well as emerging brands, including Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera, offer choices for every occasion. For more information, visit www.ConagraBrands.com.

For all media inquiries, please contact:

Tim Wrona, Conagra Brands

312-549-5400

tim.wrona@conagra.com

(C) 2021 Electronic News Publishing, source ENP Newswire

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Analyst Recommendations on CONAGRA BRANDS, INC.
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Financials (USD)
Sales 2022 11 438 M - -
Net income 2022 1 120 M - -
Net Debt 2022 8 664 M - -
P/E ratio 2022 15,1x
Yield 2022 3,43%
Capitalization 16 842 M 16 842 M -
EV / Sales 2022 2,23x
EV / Sales 2023 2,16x
Nbr of Employees 18 600
Free-Float -
Chart CONAGRA BRANDS, INC.
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Conagra Brands, Inc. Technical Analysis Chart | CAG | US2058871029 | MarketScreener
Technical analysis trends CONAGRA BRANDS, INC.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 35,11 $
Average target price 37,32 $
Spread / Average Target 6,29%
EPS Revisions
Managers and Directors
Sean M. Connolly President, Chief Executive Officer & Director
David S. Marberger Chief Financial Officer & Executive Vice President
Richard H. Lenny Non-Executive Chairman
Mindy Simon Chief Information Officer
Thomas M. McGough Co-Chief Operating Officer & Executive VP
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