Conagra Stock Slips as Slim Jim Parent's Q4 Results Fall Short
1. Conagra's Q4 results missed analyst expectations, leading to a 5% stock drop. 2. Sales decreased 4% YOY, with adjusted EPS of $0.56 missing targets. 3. Inflation and supply chain issues impacted the company's performance significantly. 4. Conagra projects minimal organic sales growth for fiscal 2026 amid challenges. 5. The company is phasing out artificial colors, aiming for a healthier brand image.