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October 7, 2021
/PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the first quarter of fiscal year 2022, which ended on August 29, 2021. All...
July 14, 2021
Operator Good day, and welcome to the Conagra Brands fourth-quarter fiscal-year 2021 earnings conference call. [Operator instructions] Please note, this event is being recorded. I would now like to turn the conference over to Brian Kearney. Please go ahead. Brian Kearney -- Vice President of Investor Relations Good morning, everyone. Thanks for joining us. Ill remind you that we will be making some forward-looking statements today. While we are making those statements in good faith, we do not ...
March 16, 2021
Every Tuesday and Friday, WTR presents a round-up of news, developments and insights from across the trademark sphere. In our latest round-up, we look at how the pandemic is changing consumer habits, Treasury Wine inking a licensing deal for its US brands, Iran joining the Madrid e-filing community, and much more. Coverage this time from Trevor Little (TL), Bridget Diakun (BD), and Tim Lince (TJL). Market radar: Pandemic sees changing consumer habits – An article on Glossy has dived into va...
March 13, 2021
Reports broke this week that packaged foods manufacturer Conagra Brands is considering a sale of its Hebrew National hot dog business. The business may sell for about $700 million, and the transaction could also include Conagra’s Egg Beaters and Odom’s Tennessee Pride brands, The Wall Street Journal reported. Conagra is entering the talks as it is actively working to focus its efforts on frozen foods and snacks, Bloomberg said in its coverage of the potential deal. IRI data gathered b...
March 11, 2021
A sale could also include Egg Beaters, which makes liquid egg-white products, and Odom’s Tennessee Pride, which sells fresh sausage and breakfast sandwiches.
March 10, 2021
Hebrew National may soon answer to a different authority. Conagra Brands Inc. is in talks to sell the famous hot dog brand to Brazils JBS SA, people familiar with the matter said. A deal, which the people said could also include the Egg Beaters and Odoms Tennessee Pride brands, could be valued at around $700 million. Any agreement is likely weeks away and Conagra could end up keeping the business or selling it to someone else, the people cautioned. Conagra in April 2019 s...
March 10, 2021
A deal, which could also include the liquid egg white brand Egg Beaters and sausage product brand Odom's Tennessee Pride, could be valued at around $700 million, the people said. Any agreement, however, is likely weeks away and Conagra could end up keeping the business or selling it to someone else, the people told the financial newspaper. Food companies are looking to reshape their portfolios as a pandemic-driven surge in at-home eating gives a boost to companies' balance sheets and...
March 10, 2021
BRASILIA (dpa-AFX) - Conagra Brands Inc. (CAG) is in talks to sell famous hot dog brand Hebrew National to Brazil's JBS SA, the Wall Street Journal reported citing people familiar with the matter.Hebrew
March 10, 2021
Dive Brief: Conagra Brands is in talks to sell its Hebrew National hotdog brand to beef processor JBS as part of a deal worth around $700 million, The Wall Street Journal reported. The business publication said any transaction could also include other brands like Egg Beaters and Odoms Tennessee Pride. The paper said the talks are ongoing, and any agreement is likely weeks away. Conagra could end up keeping the business or choose to sell it to another company. The divestiture by Conagra would...
March 10, 2021
+3.87% For JBS, the biggest beef processor in the U.S., buying the business would expand its reach into grocery store meat cases at a time when consumers have shifted their food-buying preferences toward supermarkets and away from sit-down restaurants. JBS has a market value of over $12 billion and derives most of its revenue from the U.S., where its businesses include the Swift beef and pork-processing company and Pilgrims Pride, the nations second-largest chicken supplier. Should JBS clinch t...