Conagra Q1 FY27 net income rises 6% to $174.3 million; net sales slip to $2.6 billion
- Conagra Brands posted Q1 FY27 net income of $174.3 million, up 6%, while diluted EPS rose 6% to $0.36.
- Net sales fell to $2.6 billion, and operating profit dropped to $268.4 million; operating margin narrowed to 10.3%.
- Equity method investment earnings jumped 72% to $50.4 million, and net interest expense edged down to $91.8 million.
- CEO John Brase said results were “largely in line with expectations” and profit was ahead of expectations, reaffirming FY27 guidance.
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