Conagra Brands Stock Ticks Up on Earnings. It’s Having a Rough 2025.

The maker of brands like Reddi-Wip posted quarterly earnings that beat analysts’ expectations. (Scott Eells/Bloomberg)

Key Points

• Conagra Brands reports adjusted earnings of 39 cents a share, exceeding analysts’ expectations of 33 cents.
• Sales for the quarter total $2.63 billion, a 5.8% decrease from the prior year, aligning with estimates.
• The company reaffirms its fiscal year guidance for organic net sales growth of between down 1% and up 1%.

Conagra Brands ticked higher Wednesday after the packaged-food company reported fiscal first-quarter earnings that exceeded Wall Street’s expectations.

The company, which owns brands like Slim Jim, Reddi-Wip, and Hebrew National, posted adjusted earnings of 39 cents a share, above analysts’ call for 33 cents. Sales totaled $2.63 billion, down 5.8% from the prior year but in line with the consensus estimate of $2.62 billion.

Conagra stock was rising 1.8% in premarket trading Wednesday. Shares closed Tuesday down 34% for the year.

Packaged-food makers have stumbled in 2025 due to a combination of inflation, weak consumer sentiment, and tariff pressures. While Conagra’s first-quarter earnings appeared to satisfy investors, the company still isn’t expecting a bounce-back 2026. Management reaffirmed its fiscal-year guidance for organic net sales growth of between down 1% and up 1%.

“While the operating environment remains dynamic with ongoing inflationary pressure and cautious consumer sentiment, our focus remains on disciplined execution and balanced capital allocation,” said CEO Sean Connolly in a statement.

Write to Nate Wolf at nate.wolf@barrons.com