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CONAGRA BRANDS INC. (CAG)

Income Statement Business | Product | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsAug-27-23May-28-23Feb-26-23Nov-27-22Aug-28-22May-29-22Feb-27-22Nov-28-21
   10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Revenues:  
    Consumer Foods  948.41,021.01,101.21,157.51,008.41,035.81,061.81,073.1
    Foodservice  289.3303.3275.4282.8274.9287.4234.9246.3
    Other  1,666.31,649.01,709.91,872.61,621.01,586.81,617.01,739.5
Total revenues   [+]2,904.02,973.33,086.53,312.92,904.32,910.02,913.73,058.9
            Revenue growth   [+]0.0%2.2%5.9%8.3%9.5%6.2%5.1%2.1%
Cost of goods sold  2,080.92,189.92,247.72,390.62,184.02,196.62,216.52,304.1
Gross profit  823.1783.4838.8922.3720.3713.4697.2754.8
            Gross margin  28.3%26.3%27.2%27.8%24.8%24.5%23.9%24.7%
Selling, general and administrative   [+]334.1726.4348.8372.7741.6499.3338.0345.4
Equity in earnings  -35.5361.0-50.5-49.3-49.2243.1-48.1-29.5
EBITDA   [+]585.3784.2587.5648.277.8862.1467.4522.5
            EBITDA margin  20.2%26.4%19.0%19.6%2.7%29.6%16.0%17.1%
Depreciation  83.192.991.577.878.275.077.382.2
EBITA  502.2691.3496.0570.4-0.4787.1390.1440.3
            EBITA margin  17.3%23.3%16.1%17.2%0.0%27.0%13.4%14.4%
Amortization of intangibles  13.5 0.014.714.814.814.814.8
EBIT   [+]488.7691.3496.0555.7-15.2772.3375.3425.5
            EBIT margin  16.8%23.3%16.1%16.8%-0.5%26.5%12.9%13.9%
Interest expense, net   [+]104.9113.4103.199.796.2109.294.194.6
Other income (expense), net  -1.1-410.9-1.1-0.6-0.9-380.9-0.5-0.3
Pre-tax income  382.7167.0391.8455.4-112.3282.2280.7330.6
Income taxes  98.3-18.3100.1122.514.426.7109.984.2
            Tax rate  25.7% 25.5%26.9% 9.5%39.2%25.5%
Minority interest  0.2-1.20.50.3 -1.20.50.4
Net income  319.737.5341.7381.9-77.5158.9218.4275.5
            Net margin  11.0%1.3%11.1%11.5%-2.7%5.5%7.5%9.0%
   
Basic EPS   [+]$0.67$0.08$0.72$0.80($0.16)$0.33$0.45$0.57
Diluted EPS   [+]$0.67$0.08$0.71$0.79($0.16)$0.33$0.45$0.57
   
Dividends per share   [+]$0.35$0.33$0.33$0.33$0.33$0.31$0.31$0.31
   
Shares outstanding (basic)   [+]478.2478.9477.5479.4480.6480.3480.3480.2
Shares outstanding (diluted)   [+]479.8480.7479.4480.9480.6482.2482.2481.9
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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