Category: Conagra Brands

Conagra Recalls 2.6 Million Pounds of Meat Products Following Contamination Risk

American consumer packaged goods company Conagra Brands is recalling millions of pounds of meat products after U.S. authorities deemed them a potential health risk due to likely contamination. Chicago-based Conagra is recalling roughly 2,581,816 pounds of canned meat and poultry products, the U.S. Department of Agriculture’s Food Safety Inspection Service (FSIS) announced in a recall…


Conagra Reports Lower Adjusted Operating Margin and Net Profits From Inflation, Supply Chain

Conagra Brands reported Thursday a decrease in net profits and adjusted operating margin mainly due to an increase in food costs resulting from high inflation, a loss in profits from recently-sold businesses, and transitory supply chain costs. The corporation reported a second-quarter net sales hike of 2.1 percent along with an increase of 2.6 percent…