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ConAgra Foods

Can Conagra weather shifting trends with Pinnacle Foods acquisition?

Can Conagra weather shifting trends with Pinnacle Foods acquisition?

Conagra Brands finally reached a deal this week to acquire Pinnacle Foods, creating a leading player in the US frozen food category with combined sales of US$11bn. Yet the market reaction was less than positive, with some analysts questioning whether the merger puts too much faith in demand for frozen foods holding up in the longer term and the inherent risk should it not. Simon Harvey takes a look.

Lamb Weston goes it alone – six things to learn

Lamb Weston goes it alone – six things to learn

Lamb Weston held an investor day ahead of its imminent spin-off from ConAgra Foods, which will itself become a consumer-facing branded food group Conagra Brands. The move aims to enable a more focused Lamb Weston to deliver strong profit margins thanks to a product mix that is highly complementary and synergistic. But, Lamb Weston management insists, it is also about growth. Here are our key takeaways from the investor event. 

How ConAgra Foods’ promotional strategy is changing – and why

How ConAgra Foods’ promotional strategy is changing – and why

ConAgra Foods, the US group set to split in two companies with one focusing on brands, is putting more emphasis "on volume over value" after being "overly reliant on deep discounting", a strategy that had led consumers to associated some of its products with deals, CEO Sean Connolly has said.

ConAgra Foods names David Marberger CFO

ConAgra Foods has announced the appointment of a new vice president and chief financial officer.   The Chicago-based food manufacturing company whose brands include Slim Jim, Healthy Choice and Marie…

ConAgra Foods dishes up new USDA-certified organic meals

ConAgra Foods has expanded its Healthy Choice Simply Cafe Steamers line to include four dishes made with organic ingredients certified by the US Department of Agriculture (USDA). The US group said the four, which all contain 270 calories or…