ICR: BBB-
Outlook: Stable
Conagra is one of the largest consumer food producers in North America providing branded food products as well as foodservice items and ingredients. In F'2024, Grocery & Snacks segment accounted for 41% of revenues, Refrigerated & Frozen for 40%, Foodservice for 10% and International for 9%. Within the Grocery & Snacks category, majority of sales are generated from snacks, ingredients and enhancers. The Grocery & Snacks and Refrigerated & Frozen segments market branded shelf-stable and temperature-controlled products through retail channels in the US. The Foodservice segment markets a variety of branded, customized, and custom-manufactured food and culinary products to restaurants and foodservice establishments. The International segment markets branded products outside of the US.
ICR: BBB-
Outlook: Stable
Conagra is one of the largest consumer food producers in North America providing branded food products as well as foodservice items and ingredients. In F'2024, Grocery & Snacks segment accounted for 41% of revenues, Refrigerated & Frozen for 40%, Foodservice for 10% and International for 9%. Within the Grocery & Snacks category, majority of sales are generated from snacks, ingredients and enhancers. The Grocery & Snacks and Refrigerated & Frozen segments market branded shelf-stable and temperature-controlled products through retail channels in the US. The Foodservice segment markets a variety of branded, customized, and custom-manufactured food and culinary products to restaurants and foodservice establishments. The International segment markets branded products outside of the US.
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