Conagra Brands Inc (CAO)

Overview

Conagra Brands, Inc., and its subsidiaries form a leading consumer packaged goods food company with a strong presence primarily in the United States. The company encompasses a wide range of activities spread across four key segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. These segments address different aspects of food production and distribution, including shelf stable and temperature-controlled food products, both domestically and internationally, through retail and foodservice channels. Founded in 1919, Conagra Brands has established itself as a significant player in the food industry, driven by a commitment to quality and innovation. Headquartered in Chicago, Illinois, the company continues to grow by focusing on lucrative segments of the food market, thereby catering to a broad spectrum of consumer needs.

Products and Services

The diverse product portfolio of Conagra Brands, Inc. covers a wide range of food categories and is marketed under several well-known brands. Here are the key products and services offered by the company:

• Grocery & Snacks: This segment includes shelf stable food products, which are vital for everyday consumption. Products under this category are distributed through various retail channels, ensuring availability for consumers seeking convenient, ready-to-eat options.
• Refrigerated & Frozen: Focusing on temperature-controlled food products, this segment meets the demand for fresh and frozen food items. Distributed through various retail channels, these products cater to the need for quality and convenience in meal preparation.
• International: Conagra Brands extends its offerings beyond the United States, providing food products in various temperature states through both retail and foodservice channels. This international presence helps diversify the company's revenue streams and ensures brand recognition worldwide.
• Foodservice: Catering to restaurants and other foodservice establishments, this segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products. This service is crucial for businesses looking to provide high-quality food offerings to their customers.

The company markets its products under several prominent brands, such as Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera. These brands have become household names, representing quality and taste across various food categories.