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ConAgra sales growth

This article was originally published in Foodnews

US-BASED ConAgra Foods has posted increases in its results for the fiscal fourth quarter ended 31 May. Overall sales grew 8% to US$3.3 billion, comprising consumer foods at US$2.1 billion (+14%) and commercial foods at US$1.2 billion (-2%). Operating profit for both segments combined reached US$425.7 million, compared with US$291.8 million a year earlier. Diluted earnings per share (EPS) from continuing operations in the quarter was US$0.41, up 128% from US$0.18 in the same period a year ago.



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