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Benzinga
Benzinga
Business
Akanksha Bakshi

Conagra Beat The Street's Low Bar, But Will Rising Costs Catch Up Next Quarter?

ConAgra Nik Modi CAG
Indianapolis,-,Circa,July,2019:,Conagra,Brands,Manufacturing,Plant.,Conagra

Conagra Brands Inc. (NYSE:CAG) turned in results that beat Wall Street’s low bar, even as sales and profits slipped.

The food giant reaffirmed its full-year outlook, betting on pricing power and steadier supply chains to offset rising costs.

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