Conagra Brands prepares for fiscal 2027 first-quarter earnings report

Conagra Brands is preparing to release its first quarterly earnings report for fiscal year 2027. Analysts have set a consensus net sales estimate of $2.59 billion for the three-month period ending August 31, which represents a slight decrease of less than 2% compared to the same period in fiscal 2026.

Adjusted earnings per share (EPS) expectations are notably lower, with a consensus estimate of $0.28 per share, a 28% decline from the previous year. The company has also issued FY 2027 earnings guidance with an EPS range of $1.40 to $1.50, compared to a consensus estimate of $1.44.

The company faces ongoing challenges, including annual net sales declines since 2023 and a significant GAAP net loss of $1.9 billion in fiscal 2026, largely driven by non-cash impairment charges.