ConAgra Foods
New York symbol CAG, makes a wide variety of packaged foods such as pasta, popcorn, whipped and canned tomatoes and sauces.
CONAGRA FOODS INC. $27 (New York symbol CAG; Income Portfolio, Consumer sector; Shares outstanding: 412.6 million; Market cap: $11.1 billion; Price-to-sales ratio: 0.9; Dividend yield: 3.6%; TSINetwork Rating: Above Average; www.conagrafoods.com) is paying an undisclosed sum for the Canadian operations of Del Monte Foods. This business makes packaged fruits, fruit snacks and vegetables under the Del Monte brand, as well …read more »
CONAGRA FOODS INC. $25 (New York symbol CAG; Income Portfolio, Consumer sector; Shares outstanding: 414.5 million; Market cap: $10.4 billion; Price-to-sales ratio: 0.8; Dividend yield: 3.8%; TSINetwork Rating: Average; www.conagrafoods.com) makes a wide variety of packaged foods, including Chef Boyardee canned pasta, Hunt’s tomato sauce, Peter Pan peanut butter and Orville Redenbacher popcorn.
The company gets 65% of its sales from …read more »
These two well-established food makers are using different strategies to increase their sales and profits.
Heinz continues to expand overseas, while ConAgra prefers to focus on its domestic business. Both companies continue to cut costs and improve their efficiency.
Both strategies should help Heinz and ConAgra spur their longterm growth, and give them lots of room to keep raising their dividends. As …read more »
ConAgra Foods Inc., symbol CAG on New York, makes a wide variety of packaged foods, including Chef Boyardee canned pasta, Hunt’s Tomato Sauce, Peter Pan peanut butter and Orville Redenbacher popcorn. The company’s consumer foods segment accounts for 63% of its sales, while the remaining 37% from its commercial foods business.
ConAgra is one of the companies we analyze in …read more »
ConAgra Foods Inc. (New York symbol CAG) makes a wide variety of packaged foods, including Chef Boyardee canned pasta, Hunt’s tomato sauce, Peter Pan peanut butter and Orville Redenbacher popcorn.
The company gets 67% of its revenue by selling its products to consumers. It gets the remaining 33% by selling foods to businesses.
In its 2011 second quarter, which ended November 28, …read more »
TUPPERWARE BRANDS CORP. $48 (www.tupperwarebrands.com) has raised its quarterly dividend by 20.0%, to $0.30 a share from $0.25. The new annual rate of $1.20 yields 2.5%, and the stock now trades at just 13.3 times its likely 2010 earnings. Best Buy.
CONAGRA FOODS INC. $21 (www.conagra.com) earned $0.34 a share in the three months ended August 31, 2010. That’s down 10.5% …read more »
Food companies add stability to your portfolio. While they have to deal with changing costs and eating trends, they benefit from continuous, habitual buying by regular customers regardless of the overall economy. The recession has prompted more consumers to switch to cheaper, generic brands. But falling raw-material costs will let these six top food companies lower their prices, maintain their …read more »
CONAGRA FOODS INC. $20 (New York symbol CAG; Income Portfolio, Consumer sector; Shares outstanding: 447.2 million; Market cap: $8.9 billion; Price-to-sales ratio: 0.7; WSSF Rating: Above Average) makes a number of packaged foods, including Chef Boyardee canned pasta, Hunt’s tomato sauce, Peter Pan peanut butter and Orville Redenbacher popcorn.
In its third fiscal quarter, which ended February 22, 2009, ConAgra’s earnings …read more »
CONAGRA FOODS INC. $16 (New York symbol CAG, Income Portfolio, Consumer sector; Shares outstanding: 447.1 million; Market cap: $7.2 billion; Price-to-sales ratio: 0.5; WSSF Rating: Above Average) reports that a recent salmonella outbreak has lowered sales of its Peter Pan peanut butter. However, the source of the contamination, Peanut Corp. of America, is not one of its suppliers. In 2007, …read more »
CONAGRA FOODS INC. $20 (New York symbol CAG; Income Portfolio, Consumer sector; Shares outstanding: 453.0 million; Market cap: $9.1 billion; WSSF Rating: Above average) earned $0.27 a share in its first fiscal quarter ended August 24, 2008, up 3.8% from $0.26 a year earlier. These figures exclude unusual items. Revenue rose 17.0%, to $3.1 billion from $2.6 billion. Higher selling …read more »
