Conagra Brands, Inc. (‘Conagra Brands’) operates as one of North America’s leading branded food companies.
The company’s portfolio is continuously evolving to satisfy consumers’ ever-changing food preferences. Conagra’s brands include Birds Eye, Duncan Hines, Healthy Choice, Marie Callender’s, Reddi-wip, Slim Jim, Angie’s BOOMCHICKAPOP, and many more.
The company has transformed into the branded, pure-play consumer packaged goods food company it is today. Growing the company’s food businesses...
Conagra Brands, Inc. (‘Conagra Brands’) operates as one of North America’s leading branded food companies.
The company’s portfolio is continuously evolving to satisfy consumers’ ever-changing food preferences. Conagra’s brands include Birds Eye, Duncan Hines, Healthy Choice, Marie Callender’s, Reddi-wip, Slim Jim, Angie’s BOOMCHICKAPOP, and many more.
The company has transformed into the branded, pure-play consumer packaged goods food company it is today. Growing the company’s food businesses has also been fueled by innovation, organic growth of its brands, and expansion into adjacent categories, through acquisitions, as well.
Reporting Segments
The company’s reporting segments are as follows:
Grocery & Snacks
The Grocery & Snacks reporting segment principally includes branded, shelf-stable food products sold in various retail channels in the United States.
Refrigerated & Frozen
The Refrigerated & Frozen reporting segment principally includes branded, temperature-controlled food products sold in various retail channels in the United States.
International
The International reporting segment principally includes branded food products, in various temperature states, sold in various retail and foodservice channels outside of the United States.
Foodservice
The Foodservice reporting segment includes branded and customized food products, including meals, entrees, sauces, and a variety of custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments, primarily in the United States.
Conagra Brands is a branded consumer packaged goods food company that operates in many sectors of the food industry, with a significant focus on the sale of branded, value-added consumer food products, as well as foodservice items and ingredients.
Seasonality
Sales of frozen foods tend to be marginally higher during the winter months, pie sales are highest in November and December due to holidays, and production of certain products occurs seasonally, during or immediately following the purchase of agricultural crops.
Trademarks and Intellectual Property
Some of the company’s products are sold under licensing arrangements with others, such as its licensing arrangement with Dolly Parton, and its licenses of the P.F. Chang’s, Bertolli, Wendy’s, and Libby’s trademarks. The company also owns certain intellectual property rights that are licensed to third parties, such as the Alexia and Marie Callender’s trademarks.
Government Regulation
The company’s operations, its products, and its practices are subject to various federal, state, local, and international laws and regulations, as well as related regulatory oversight by various government agencies, including the United States Department of Agriculture, the Federal Food and Drug Administration, the Federal Trade Commission, the Consumer Product Safety Commission, the Occupational Safety and Health Administration, the Environmental Protection Agency, the Department of Labor, and various other federal, state, local, and international authorities, including government authorities in Canada and Mexico.
Customers
The company’s products are sold, directly and through distributors, to chain, wholesale, value, cooperative, club, and independent grocery, pharmacy and drug, convenience, and other store operators, as well as foodservice customers, including restaurants and bars, travel and leisure customers, schools, health care facilities, and government customers. The company’s products are also sold online through various e-commerce platforms and retailers. The company’s largest customer, Walmart, Inc. and its affiliates, accounted for approximately 29% of consolidated net sales for fiscal 2025.
Research and Development
The company incurred expenses of $60.8 million for research and development activities in fiscal 2025.
History
The company was incorporated as a Nebraska corporation in 1919 and was reincorporated as a Delaware corporation in 1975. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in 2016.