Omaha / NE. (caf) ConAgra Foods Inc. one of North America´s leading packaged food companies, reported results for the fiscal 2009 first quarter ended August 24, 2008. Diluted EPS from continuing operations was 0,23 USD, including net 0,04 USD per diluted share of expense from items impacting comparability. Excluding those items, diluted EPS from continuing operations was 0,27 USD. Overall sales grew 17 percent, including nine percent sales growth from the Consumer Foods segment, reflecting the company´s recent pricing actions. Prior-year diluted EPS from continuing operations of 0,27 USD included net 0,01 USD of income from items impacting comparability. Items impacting comparability in the current year and prior year are summarized toward the end of this release. Chief executive officer Gary Rodkin: «We are pleased with the overall sales results in the Consumer Foods segment, the continued profit growth in Commercial Foods, and progress with overall supply chain and SG+A costs. We are disappointed that Consumer Foods posted a decline in comparable operating profit; however, we have already implemented actions that should generate stronger profits for the Consumer Foods business, particularly in the second half of the fiscal year» (source).
OTHER TOPICS FROM THIS SECTION FOR YOU:
- Orkla ASA: reports strong profit improvement in Q2-2024
- Cloetta AB: announces Q2-2024 interim report
- Axfood AB: Reports Q2-2024 Financial Results
- Chef Robotics: Launches AI-Powered Food Robot
- Conagra Brands: Reports Fourth Quarter 2024 Results
- Limerston Capital sells Village Bakery to Groupe Menissez
- GrubMarket: Buys Major Foodservice Company in Texas
- Lantmännen acquires Entrack AB
- DPC Dash: Concludes H1-2024 with Sustained Expansion
- Norway: Orkla Food Ingredients acquires FDE
- Fondo Italiano d’Investimento co-invests in Casa della Piada
- Greggs: invests in a new frozen manufacturing and logistics site
- Bundeskartellamt imposes fine against «Fritz!» manufacturer AVM
- Yum China: Celebrates Opening of its 200th KCoffee Store
- Beijing intends to roll out 5’400 food production robots
- K-Citymarket: sees significant sales growth in Finland
- DPC Dash: reaches 900-store milestone in China
- Coffee Holding: Terminates Merger with Delta Corp Holdings
- Perkins Restaurant + Bakery: introduces new brand identity
- Engelmans Bakery: acquires St. Armands Baking Company