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Ralcorp Holdings

ConAgra confirms private-label exit

ConAgra Foods today (30 June) revealed it will sell its private-label business as the US group confirmed the unit's performance weighed on full-year sales and earnings.

On the money: ConAgra confident private-label will improve

On the money: ConAgra confident private-label will improve

After a challenging previous financial year, ConAgra Foods yesterday (18 September) reported on the first three months of its new fiscal period. Shares in the US food group rose as it reported underlying earnings that beat Wall Street forecasts and stuck to its expectations for annual earnings - notable after 12 months that included three profit warnings.

Editor’s viewpoint: Big year ahead for ConAgra

Editor’s viewpoint: Big year ahead for ConAgra

After a tough year, which included three profit warnings, ConAgra Foods and its management team face a very important 12 months. The US group's management believe it can improve the performance of both its consumer food and private-label arms but some industry watchers are less certain.

US: ConAgra sells Medallion snacks brand to Shearer’s

US private-label salty snack producer Shearer's Foods has acquired Medallion Foods from ConAgra Foods in a US$33.5m deal. Medallion manufactures value-brand and private-label corn-based snacks, including tortilla chips, corn chips…

US: Own label propels ConAgra 9m sales

A surge in own label sales more than offset softness in the consumer brands business of ConAgra Foods. In a trading update today (20 March), ConAgra revealed that total sales…

US: ConAgra cuts profit forecast again

Shares in ConAgra Foods plunged more than 7% today (11 February) as the US food giant company announced it was lowering its forecast for annual earnings for the second time.…