Americans are returning to indulging in specialty foods the way they did before the recession, and they’ll likely make big purchases of these affordable luxuries during the holidays. A recent survey showed 63% of American consu…
ConAgra Foods (CAG) posted earnings from continuing operations of 32 cents a diluted share for the first quarter of fiscal 2011, compared with 37 cents a share a year earlier.
Sales fell 2.4% from a year earlier to $2.8 billion, the company said in a statement.
“Our fiscal first-quarter margins and EPS were lower than planned because of an intense promotional environment and…
Continue reading ConAgra Misses Earnings Estimates, Hikes Dividend
ConAgra Misses Earnings Estimates, Hikes Dividend originally appeared on DailyFinance on Tue, 21 Sep 2010 08:00:00.
Filed Under: Company News, Economy, Earnings, Retail