Conagra Brands reaffirmed its full-year fiscal 2027 guidance following 1Q results, projecting organic net sales to change between negative 3% and negative 1%. The packaged food company expects adjusted operating margin between 10.0% and 10.5% and adjusted EPS of $1.40 to $1.50. The outlook holds after net cash used in operating activities reached $4 million, compared with $121 million generated in the prior-year period. The company attributed the swing to lower operating profit and higher litigation payments, net of recoveries.

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