(RTTNews) - Conagra Brands Inc. (CAG) has reaffirmed its fiscal 2026 guidance. Conagra continues to expect organic net sales to range from down 1% to up 1% compared with fiscal 2025.
The company projects an adjusted operating margin of about 11.0% to 11.5% and adjusted earnings per share between $1.70 and $1.85 for fiscal 2026.
Conagra also raised its free cash flow conversion outlook and now expects it to be approximately 100% for the full year, up from its prior expectation of about 90%.
The company said it will present updates on its business strategy and financial outlook, while previewing a slate of new product innovations planned for launch in calendar 2026. The company plans to provide further details on its strategy and innovation pipeline during the presentation.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.