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Conagra Brands Sales Slide, But Snacks Strength Supports Outlook

Conagra Brands Sales Slide, But Snacks Strength Supports Outlook

Weak consumer sentiment, negative weather impacts and retailer inventory timing shifts dragged on Conagra Brands’ net sales in Q2. Still, executives struck an upbeat tone during prepared remarks ahead of the company’s quarterly earnings call today and reaffirmed previous targets for full-year organic net sales and adjusted earnings.

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