ConAgra Foods, Inc.
Stock Symbol: CAG
One ConAgra Drive
ConAgra Foods, Inc. Industry:
ConAgra Foods, Inc. Description:
ConAgra Foods, Inc. is a packaged food company whose operations are classified into three segments: Packaged Foods, Food Ingredients, Agricultural Products. The Packaged Foods segment includes shelf-stable, frozen and refrigerated consumer products, which are processed and packaged for sales to retail, deli and foodservice customers. The Food Ingredients includes s pecialty ingredients, milled ingredients and basic ingredients businesses.
ConAgra Foods, Inc. Financial Summary:
For the thirteen weeks ended 28 August 2005, ConAgra Foods, Inc.'s revenues decreased 1% to $3.36B. Net income from continuing operations for the period totalled $347.3M, up from $132.4M. Revenues reflect a decrease in sales in the Retail Products segment. Higher income for the period reflects improved gross margins and a $329.4M gain on the sale of Pilgrim's Pride Corporation common stock.
ConAgra Foods, Inc. Business Summary:
ConAgra Foods, Inc. (ConAgra Foods) is a packaged food company serving a wide variety of food customers. It serves grocery retailers, restaurants and other foodservice establishments, as well as food processors. The Company has acquired several brands, such as Chef Boyardee, Egg Beaters, Gulden's, Libby's, PAM and Slim Jim. ConAgra Foods's operations are organized into three segments: Retail Products, Foodservice Products and Food Ingredients. The Company completed the divestitures of the company's chicken business, its United States and Canadian crop inputs businesses (UAP North America); its international crop inputs businesses (UAP International), a Spanish feed business and Portuguese poultry business, its fresh beef and pork business; its specialty meats foodservice business; its canned seafood operations, and its processed cheese operations.