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Conagra Brands CAG Q1 2027 earnings

Reported September 30, 2026 · Before market open

Revenue$2.6BBeat by $10.0M
EPS$0.41Beat by $0.13
Revenue estimate$2.6B
EPS estimate$0.28
“We delivered a solid start to fiscal 2027 with top line results largely in line with expectations and profit ahead of expectations amid a challenging operating environment. Importantly, we are acting on our previously outlined priorities including restoring margins, increasing investment, reducing complexity, and rebalancing capital allocation, which are translating into measurable progress across the business. While there is more work to be done, we remain on track to deliver the year and are reaffirming our fiscal 2027 guidance.”
John Brase

Next report

Dec 18, 2026 (in 2 months)
Revenue estimate$2.9B
EPS estimate$0.35

Financials

Q1 2027

Income statement

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Revenue$2.6B-1.4%
Gross profit$618.7M-3.4%
Operating income$268.4M-22.7%
Net income$174.3M+6.0%
EPS (diluted)$0.36+5.9%

Balance sheet

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Cash & equivalents$371.6M-46.8%
Total debt$32.5M-21.7%
Total assets$17.7B-16.4%

Cash flow

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Operating cash flow-$4.2M-103%
CapEx$123.7M-15.7%
Free cash flow-$127.9M-388%

Valuation & ratios

Valuation

as of 10/09/26
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Market cap$6.48B-26.8%
Enterprise value$6.14B-25.1%
P/S0.6×-0.2×

Profitability

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Gross margin23.8%-1.6pp
Operating margin-15.2%-26.6pp
Net margin-17%-24.4pp
FCF margin7.8%-2.2pp

Returns & leverage

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Current ratio1.1×0.0×

Segments

By segment

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Refrigerated And Frozen$1.1B-2.1%
Grocery And Snacks$1.1B-2.6%
Foodservice$272.9M+3.2%
International$218.1M+2.7%

By product

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Frozen$877.7M-2.3%
Other Shelf Stable$552.4M-2.8%
Snacks$498.7M-2.4%
Refrigerated$176.1M-0.9%

FAQ

When did Conagra Brands report Q1 2027 earnings?
Conagra Brands (CAG) reported Q1 2027 earnings on September 30, 2026 before market open.
What were Conagra Brands's Q1 2027 revenue and EPS?
Conagra Brands reported revenue of $2.6B and eps of $0.41 for Q1 2027.
Did Conagra Brands beat estimates in Q1 2027?
Revenue beat the consensus estimate of $2.6B by $10.0M. EPS beat the consensus estimate of $0.28 by $0.13.
How did Conagra Brands's Q1 2027 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 1.2% from $2.6B a year earlier and eps grew 5.1% from $0.39.
Where can I find Conagra Brands's Q1 2027 SEC filings?
You can read the 8-K earnings release (0000023217-26-000047) and the 10-Q periodic report (0001104659-26-112354) directly on SEC EDGAR. The filing index links above go to sec.gov.