Conagra Brands Stock Plummets After Q4 Loss

Conagra Brands Q4 financial results reveal a 7% drop in net sales and a shift from profit to net loss, causing a 3% drop in share price. Despite adjusted earnings per share slightly beating expectations, the companys non-cash charge and overall loss have investors concerned. Conagras shares have been relatively stable, but todays drop suggests a significant market reaction to the news.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.