Conagra delivered a quarter of strong gross margin recovery and managed an all-around beat. Its pricing execution continued to be solid, while elasticities stayed consistent and muted. Organic sales increased in the quarter due to continued muted elasticities and inflation-justified pricing. In spite of the distinct supply chain challenges in some of the canned meals categories and also side businesses, Conagra Brands continues driving growth in its highly pertinent staples portfolio. The organi ....

17 Apr 2023
Conagra Brands Inc.: Solid Pricing Strategy For Improved Staples Growth – Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)

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Conagra Brands Inc.: Solid Pricing Strategy For Improved Staples Growth – Key Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (04/23)
- Published:
17 Apr 2023 -
Author:
Ishan Majumdar -
Pages:
27 -
Conagra delivered a quarter of strong gross margin recovery and managed an all-around beat. Its pricing execution continued to be solid, while elasticities stayed consistent and muted. Organic sales increased in the quarter due to continued muted elasticities and inflation-justified pricing. In spite of the distinct supply chain challenges in some of the canned meals categories and also side businesses, Conagra Brands continues driving growth in its highly pertinent staples portfolio. The organi ....