Conagra Brands (CAG) Q4 2025 10-Q Quarterly Report
Conagra Brands (CAG) 10-Q quarterly report for Q4 2025, filed with SEC EDGAR on Dec 19, 2025 for the fiscal period ending Nov 23, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.
Conagra Brands Q4 2025 10-Q Analysis
Management Discussion & Analysis
- • Quarterly revenue $2,979.1M, down 6.8% YoY from $3,195.1M; Grocery & Snacks down 8.5% to $1,209.1M, Foodservice down 1.3% to $288.4M
- • Operating profit margin decline: Grocery & Snacks $231.2M (-21.8%), Refrigerated & Frozen $127.5M (-35.6%), total segment decline across all segments
- • Best performer Foodservice segment revenue down only 1.3%, worst performer Refrigerated & Frozen segment operating profit down 35.6%
- • Cash flow: Operating cash flow $331.2M H1 FY26 vs $754.2M H1 FY25; financing cash outflow $819.9M due to debt repayments and dividends
- • Management expects continued input cost inflation, tariffs, and weak consumer sentiment to weigh on volumes and costs in FY26; ongoing focus on productivity and pricing
Risk Factors
- • New risk: Significant goodwill impairment $771.3M in Refrigerated & Frozen segment triggered by sustained market cap decline and lowered sales projections
- • Updated legal risk: Cooking spray product liability settlements totaling $96.7M paid with additional $88.7M expected through early fiscal 2027
- • Regulatory/compliance risk: Impact of "One Big Beautiful Bill Act" from July 2025 for accelerated tax deductions, with limited effect on effective tax rate
- • Operational risk: Divestitures of Chef Boyardee and Frozen Fish businesses generating $607M and $41.9M proceeds, affecting segment composition and near-term focus
- • Financial risk: Recent debt refinancing included $1B senior notes issuance and full repayment of $1B 4.60% notes, maintaining compliance with debt covenants (EBITDA/interest ≥3.0x)
Conagra Brands Q4 2025 Quarterly FinancialsXBRL
Revenue
$3.0B
▼ -6.8% YoY▲ +13.2% QoQ
Net Income
-$664M
▼ -333.3% YoY▼ -503.4% QoQ
Net Margin
-22.3%
▼ -3118bp YoY▼ -2852bp QoQ
Source: XBRL data from Conagra Brands Q4 2025 10-Q filing on SEC EDGAR. All figures in USD.
Other Conagra Brands Quarterly Reports
Get deeper insights on Conagra Brands
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.