Conagra Brands

Conagra Brands, Inc. is an American consumer packaged goods powerhouse headquartered in Chicago, Illinois, with a rich heritage spanning over a century. As one of North America's leading branded food companies, Conagra generates annual net sales exceeding $12 billion through its extensive portfolio of beloved household brands that touch millions of consumers daily. The company's diverse product lineup includes frozen foods, snacks, shelf-stable goods, and refrigerated items, featuring iconic brands such as Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Slim Jim, Reddi-wip, Orville Redenbacher's, Hunt's, Chef Boyardee, Hebrew National, and Angie's BOOMCHICKAPOP.

With approximately 16,500 employees operating across 38 manufacturing facilities in the United States, Conagra has built a formidable presence in the consumer goods sector through both organic growth and strategic acquisitions. The company's market capitalization stands at approximately $8.26 billion, reflecting its position as a major player in the packaged foods industry. Conagra trades on the New York Stock Exchange under the ticker symbol CAG and has maintained a consistent dividend payment record since 1976, currently offering shareholders an annual dividend of $1.40 per share.

Conagra's business strategy centers on two primary segments: Grocery & Snacks and Refrigerated & Frozen. The company has demonstrated particular strength in the frozen foods and snacks categories, where it holds significant market share and continues to invest heavily in brand innovation and consumer engagement. Recent strategic moves include the landmark $8.1 billion acquisition of Pinnacle Foods in 2018, which added premier brands like Birds Eye, Duncan Hines, and Vlasic to the portfolio, and the 2024 acquisition of Sweetwood Smoke & Co., maker of FATTY Smoked Meat Sticks, reinforcing Conagra's commitment to the growing better-for-you snacking segment.

The company's transformation from a Nebraska-based agricultural conglomerate to a focused branded foods leader reflects a deliberate strategic evolution. In 2016, Conagra divested its Lamb Weston potato processing business, changed its name from ConAgra Foods to Conagra Brands, and relocated its headquarters from Omaha to Chicago to position itself closer to consumer insights and marketing talent. This transformation has enabled Conagra to sharpen its focus on building consumer-facing brands while maintaining operational excellence across its supply chain. Today, Conagra stands as the second-largest frozen foods company in the United States behind Nestlé and continues to adapt to evolving consumer preferences through innovation in health-conscious products, convenient meal solutions, and premium snacking options.

Conagra's commitment to sustainability and corporate citizenship is demonstrated through its comprehensive environmental, social, and governance initiatives. The company focuses on four key areas: Good Food, Responsible Sourcing, Better Planet, and Stronger Communities. Conagra employees have volunteered over 12,000 hours at nonprofit agencies and donated more than 24.5 million pounds of food to Feeding America, underscoring the company's dedication to addressing food insecurity and supporting local communities across North America.