CONAGRA BRANDS INC. (CAG)

Conagra Brands, Inc. engages in the manufacture and sale of processed and packaged foods. It operates through the following segments: Grocery and Snacks, Refrigerated and Frozen, International, and Foodservice. The Grocery and Snacks segment includes branded, and shelf stable food products sold in various retail channels in the United States. The Refrigerated and Frozen segment is composed of branded, and temperature-controlled food products sold in various retail channels in the United States. The International segment offers branded food products in various temperature states, sold in various retail and foodservice channels outside of the United States. The Foodservice segment focuses on branded and customized food products, including meals, entrees, sauces, and a variety of custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The company was founded by Alva Kinney and Frank Little in 1919 and is headquartered in Chicago, IL.

Address

222 W. MERCHANDISE MART PLAZA
CHICAGO, IL 60654

Founded

1919

Number of Employees

18,500

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$10,975 $171,116 $260,596 $1,238,518 $336,624 - $164,817 $183,297 $150,006 - - $314,494
Average Price $35.97 $36.90 $40.43 $37.11 $36.97 - $33.57 $34.53 $35.89 - - $36.86
# Shares Purchased 305,086 4,637,290 6,446,407 33,371,026 9,105,742 - 4,909,652 5,308,942 4,179,291 - - 8,532,930
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date -11.0% -13.3% -20.8% -13.8% -13.4% - -4.7% -7.3% -10.8% - - -13.2%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% - 74.8% 31.7% 37.3% - - 112.7%
Excess Total Return -192.9% -186.2% -189.4% -143.5% -118.3% - -79.5% -39.0% -48.1% - - -125.9%
Quartile Rank
Percentile Rank 27% 28% 23% 31% 30% - 26% 40% 36% - - 33%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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