CONAGRA BRANDS INC. (CAG) [Rocket]

In millions, except per share items	May-28-23	May-29-22	May-30-21	May-31-20	May-26-19	May-27-18	May-28-17	May-29-16
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Grocery & Snacks					3,923.6	3,281.0	3,208.8	3,377.1
Refrigerated & Frozen					3,735.4	2,753.0	2,652.7	2,867.8
Consumer Foods	4,288.1	4,091.1	3,948.0	3,735.5	2,994.8	2,014.8	1,886.1
Foodservice	1,136.4	1,008.4	846.8	968.9	1,015.0	1,060.8	1,078.4	1,104.5
Other	6,852.5	6,436.4	6,389.9	6,350.0				1,316.6
Total revenues [+]	12,277.0	11,535.9	11,184.7	11,054.4	9,538.4	7,938.3	7,826.9	8,666.0
Products	12,277.0	11,535.9	11,184.7	11,054.4	9,538.4	7,938.3		8,664.1
Net interest income	18.8	2.3	2.5	0.9	15.0	4.8	0.6	1.9
Revenue growth [+]	6.4%	3.1%	1.2%	15.9%	20.2%	1.4%	-9.7%	-4.1%
Grocery & Snacks					19.6%	2.3%	-5.0%	-3.8%
Refrigerated & Frozen					35.7%	3.8%	-7.5%	-4.0%
Consumer Foods	4.8%	3.6%	5.7%	24.7%	48.6%	6.8%
Foodservice	12.7%	19.1%	-12.6%	-4.5%	-4.3%	-1.6%	-2.4%	-1.4%
International	3.3%	3.4%	1.4%	7.0%	2.5%	3.4%	-3.6%	-10.2%
Cost of goods sold	9,012.2	8,697.1	8,005.5	7,984.8	6,885.4	5,586.8	5,483.1	6,234.9
Gross profit	3,264.8	2,838.8	3,179.2	3,069.6	2,653.0	2,351.5	2,343.8	2,431.1
Gross margin	26.6%	24.6%	28.4%	27.8%	27.8%	29.6%	29.9%	28.1%
Selling, general and administrative	2,189.5	1,492.8	1,403.0	1,622.5	1,473.4	1,398.4	1,474.0	2,024.6
Equity in earnings	212.0	145.3	84.4	73.2	75.8	97.3	71.2	66.1
Other operating expenses	-440.5	-461.2	-500.1	-504.5	-35.1	-244.9	-278.9	-320.1
EBITDA [+]	2,097.7	2,327.9	2,748.4	2,413.7	1,623.5	1,552.3	1,487.9	1,071.2
EBITDA growth	-9.9%	-15.3%	13.9%	48.7%	4.6%	4.3%	38.9%	-16.1%
EBITDA margin	17.1%	20.2%	24.6%	21.8%	17.0%	19.6%	19.0%	12.4%
Depreciation	313.1	316.1	328.0	329.1	283.9	222.1	234.4	243.9
EBITA	1,784.6	2,011.8	2,420.4	2,084.6	1,339.6	1,330.2	1,253.5	827.3
EBITA margin	14.5%	17.4%	21.6%	18.9%	14.0%	16.8%	16.0%	9.5%
Amortization of intangibles	56.8	59.3	59.7	59.8	49.1	34.9	33.6	34.6
EBIT [+]	1,727.8	1,952.5	2,360.7	2,024.8	1,290.5	1,295.3	1,219.9	792.7
EBIT growth	-11.5%	-17.3%	16.6%	56.9%	-0.4%	6.2%	53.9%	-20.1%
EBIT margin	14.1%	16.9%	21.1%	18.3%	13.5%	16.3%	15.6%	9.1%
Interest expense, net [+]	412.4	391.8	443.7	491.5	368.8	160.7	220.0	320.8
Interest expense	416.3	393.9	445.6	494.6	375.6	164.5	223.7	322.0
Interest income	3.9	2.1	1.9	3.1	6.8	3.8	3.7	1.2
Other income (expense), net	-413.5	-382.0	-422.3	-490.2	-22.6	-162.5	-199.2	-297.0
Pre-tax income	901.9	1,178.7	1,494.7	1,043.1	899.1	972.1	800.7	174.9
Income taxes	218.7	290.5	193.8	201.3	218.8	174.6	254.7	46.4
Tax rate	24.2%	24.6%	13.0%	19.3%	24.3%	18.0%	31.8%	26.5%
Minority interest	-0.4		2.1	1.7	0.1	3.4	8.7	11.1
Earnings from continuing ops	683.6	888.2	1,298.8	840.1	1,360.5	794.1	537.3	117.4
Earnings from discontinued ops					-1.9	14.3	102.0	-794.4
Net income	683.6	888.2	1,298.8	840.1	1,358.6	808.4	639.3	-677.0
Net margin	5.6%	7.7%	11.6%	7.6%	14.2%	10.2%	8.2%	-7.8%

Basic EPS [+]	$1.43	$1.85	$2.67	$1.72	$3.06	$1.97	$1.24	$0.27
Growth	-22.8%	-30.8%	55.1%	-43.7%	55.9%	58.0%	360.3%	-87.1%
Diluted EPS [+]	$1.42	$1.84	$2.66	$1.72	$3.05	$1.95	$1.23	$0.27
Growth	-22.8%	-30.8%	54.9%	-43.7%	56.6%	58.2%	360.3%	-87.0%

Dividends per share [+]	$1.32	$1.25	$1.04	$0.85	$0.85	$0.85	$0.90	$1.00
Growth	5.6%	20.5%	22.2%	-0.1%	0.0%	-5.6%	-10.0%	0.0%

Shares outstanding (basic) [+]	478.9	480.3	485.8	487.3	444.0	403.9	431.9	434.4
Growth	-0.3%	-1.1%	-0.3%	9.8%	9.9%	-6.5%	-0.6%	1.9%
Shares outstanding (diluted) [+]	480.7	482.2	487.8	488.6	445.6	407.4	436.0	438.5
Growth	-0.3%	-1.1%	-0.2%	9.6%	9.4%	-6.6%	-0.6%	1.7%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.