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 Recalls 2.6 Million Pounds of Meat Products Following Contamination Risk
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…
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