Conagra’s stock falls as factory upgrade and inflation weigh on profit view - MarketWatch
1. Conagra's stock fell 6.4% due to supply-chain costs. 2. Increased expenses from sourcing chicken affect fiscal 2025 profits. 3. Adjusted earnings forecast lowered to $2.35, below analyst estimates. 4. Continued strong demand for frozen products despite supply issues. 5. Inventory rebuilding efforts underway to mitigate supply challenges.