The massive EPS beat (44.9%) is the headline catalyst, but the negative free cash flow and reaffirmed (not raised) guidance cap the upside. Watch the Q2 earnings call for any change to the full-year outlook and for signs of working capital normalization.
Price Chart
Executive Summary
Conagra Brands reported Q1 FY2027 adjusted EPS of $0.41, a 44.9% beat vs consensus of $0.28, while revenue of $2.6B slightly missed the $2.59B estimate. The company reaffirmed its full-year guidance (organic sales decline 1-3%, adjusted EPS $1.40-$1.50), but operating cash flow turned negative and free cash flow was -$128M, signaling working capital pressure.
Key Financial Metrics
Key Facts
- Adjusted EPS $0.41 vs consensus $0.28 (44.9% beat)
- Net sales $2.6B, down 1.4% YoY; organic net sales down 1.1%
- Adjusted operating margin 11.5%, down 33 bps YoY
- FY2027 guidance reaffirmed: organic sales change (3)% to (1)%, adjusted EPS $1.40-$1.50
- Free cash flow -$128M vs -$26M prior year; operating cash flow -$4M vs +$121M
- Net debt $7.39B; net leverage 3.99x
- Dividend maintained at $0.35/share
Financial Impact
EPS beat of ~$0.13 vs consensus on $2.6B revenue; guidance unchanged
Risk Factors
- Negative free cash flow and operating cash flow could pressure the balance sheet if sustained
- Organic sales declining 1.1% with volume down 2.1% signals demand weakness
- Reaffirmed guidance implies no acceleration in the back half; any miss would reverse the beat-driven move
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302893532 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | Institutional Cluster | $14.86 | awaiting T+60 | — | $14.24 (−4.17%) |
Sep 30, 2026 27d ago | 8-K | $13.44 | awaiting T+60 | — | $14.24 (+5.95%) |
Sep 30, 2026 27d ago | Press Release | $13.44 | awaiting T+60 | — | $14.24 (+5.95%) |
Sep 24, 2026 4w ago | Press Release | $14.67 | awaiting T+60 | — | $14.24 (−2.93%) |
Aug 11, 2026 11w ago | DEFA14A | $14.93 | awaiting T+60 | — | $14.24 (−4.62%) |
Aug 7, 2026 11w ago | Institutional Cluster | $15.10 | awaiting T+60 | — | $14.24 (+5.67%) |
Jul 28, 2026 13w ago | 8-K | $15.43 $14.04 | ▼ −9.01% | ▼ −13.36% | $14.24 (−7.71%) |
Jul 28, 2026 13w ago | 8-K | $15.43 $14.04 | ▼ −9.01% | ▼ −13.36% | $14.24 (−7.71%) |
Jul 21, 2026 14w ago | Insider Buy | $14.83 $14.18 | ▼ −4.38% | ▼ −7.64% | $14.24 (−3.98%) |
Jul 21, 2026 14w ago | 424B5 | $14.85 $13.70 | ▲ +7.74% | ▲ +11.72% | $14.24 (+4.11%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers