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