With more people eating at home, Conagra reports Q4 sales jump

With more people eating at home, Conagra reports Q4 sales jump

bizjournals

Published

Since the Covid-19 crisis is closing restaurants and forcing more people to eat at home, Conagra Brands Inc., maker of Birds Eye and Chef Boyardee products, reported a fourth-quarter sales jump. The Chicago-based food giant (NYSE: CAG) reported fourth-quarter sales grew by more than 25% from a year earlier, and fourth-quarter adjusted earnings per share jumped by 108%. "Our business clearly benefited from increased at-home eating in the fourth quarter, as the elevated retail demand outweighed the…

Full Article