CAG

CNBC's Jim Cramer, host of Mad Money, posted on X on Monday, “Hard to believe the drug stocks are so out of sync with food stocks.

Conagra Brands (CAG) reported earnings 30 days ago. What's next for the stock?

TORONTO, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Canadians can now experience the bold, vibrant tastes of Indian cuisine at home with the launch of Marigold™, a new brand from Conagra Brands Canada offering chef-inspired frozen entrées and cooking sauces. Developed in collaboration with expert Indian chefs and proudly prepared in Canada, each recipe is crafted to capture the layered flavours, textures, and aromas that make Indian dishes uniquely craveable.

Conagra's low valuation offers downside support, but falling sales, margins and earnings keep its fiscal 2027 reset-and buy case-under pressure.

Conagra's fiscal 2027 pricing push may support margins, but high inflation and frozen-food elasticity threaten volumes and earnings.

Newly created role will include oversight of Human Resources and Corporate Communications and will report to president and CEO John Brase CHICAGO, Aug. 4, 2026 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced the appointment of Amy Held as executive vice president and chief administrative officer, a newly created role designed to streamline key corporate functions, effective September 14. In this position, Held will oversee human resources and corporate communications and will serve as chief of staff, reporting directly to president and chief executive officer John Brase.

Conagra Brands faces persistent inflationary headwinds, leading to negative sales growth, margin compression, and a 50% dividend cut to improve financial flexibility. CAG's FY26 results showed a 5% sales decline, a 25% EPS drop, and significant margin erosion, with further declines expected in the upcoming fiscal year. The dividend cut frees up $1 billion for deleveraging and brand investment, but leverage remains elevated at 3.83x and near-term upside is limited.

Business unit leaders, Noelle O'Mara (Refrigerated and Frozen) and Jill Dexter (Grocery & Snacks), to report directly to CEO John Brase; Burke Raine to become chief growth officer, also reporting to Brase. Tom McGough, executive vice president and chief operating officer, to retire effective September 2026 after nearly two decades with Conagra Brands CHICAGO, July 28, 2026 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced changes which will streamline the Company's structure.

Conagra Brands remains a Strong Buy as the new CEO accelerates turnaround efforts by halving the dividend to prioritize debt reduction and business reinvestment. CAG's valuation is highly attractive, trading at a P/FCF of roughly 7 based on FY26's pressured results, with intrinsic value estimated well above current levels even under conservative assumptions. The dividend cut frees up ~$335 million annually for debt repayments and increased investments, supporting supply chain resilience, modernization, and brand development.

Conagra Brands, Inc. remains a Buy, supported by a compelling portfolio, a strategic CEO transition, and an attractive valuation despite recent underperformance. The new CEO, John Brase, brings operational excellence and a clear mandate to simplify operations, raise prices, and focus on growth categories like frozen meals and meat snacks. The 50% dividend cut, while anticipated, strengthens CAG's balance sheet and supports long-term capital allocation priorities amid elevated leverage and margin pressures.