1002 ET - Conagra Brands' fiscal 2025 was a tale of two halves, CEO Sean Connolly says on a call with analysts. During the first half of the year, the packaged food company improved volumes and gained market share, boosted in part by strong merchandising which drove sales. The second half of the year, though, proved to be more challenging than expected, Connolly says, as inflation, foreign exchange headwinds, supply challenges and weakening consumer sentiment weighed on results. "Our second half overall performance reflected this extremely challenging operating environment," Connolly says. Shares fall 4% after disappointing results. (connor.hart@wsj.com)
(END) Dow Jones Newswires
July 10, 2025 10:02 ET (14:02 GMT)
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