Conagra Brands <a href="https://laohu8.com/S/QTWO">Q2</a> net loss at USD 663.6 million on goodwill and brand impairment charges, net sales down 6.8 percent to USD 3.0 billion
Conagra Brands reported its financial results for the second quarter (Q2) of fiscal year 2026. The company recorded reported net sales of USD 2.92 billion, reflecting a decrease of 6.8 percent for the period ended November 23, 2025. Organic net sales declined by 3.0 percent. Reported operating margin for Q2 FY26 was negative 20.1 percent, while adjusted operating margin stood at 11.3 percent. The company posted a reported net loss attributable to shareholders of USD 663.6 million for the quarter, primarily due to certain non-cash goodwill and brand impairment charges. Adjusted earnings per share for the period were USD 0.45. Earnings before interest, taxes, depreciation, and amortization (EBITDA) was negative USD 462.3 million for Q2 FY26. Net interest expense for the quarter was USD 96.0 million. Depreciation and amortization expenses were USD 86.2 million and USD 10.8 million, respectively. Conagra reaffirmed its full-year fiscal 2026 guidance, projecting organic net sales change in the range of negative 1 percent to 1 percent compared to fiscal 2025, adjusted operating margin between approximately 11.0 percent and 11.5 percent, and adjusted EPS between USD 1.70 and USD 1.85.
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