Conagra Brands (CAG) stock has been getting clobbered over the past few years. This is not unusual, as most consumer packaged goods companies have taken a hit as consumers get priced out and GLP-1 drives a new wave of health awareness trends.
Management is not giving up, though. They're kicking off “Project Catalyst” to reengineer the core business by using AI, data, and automation. The objective is to expand margins by cutting down costs using AI in core operations and making a comeback.
