Conagra Sounds Inflation Alarm: Transportation Costs Are Rising at Twice the Rate It Expected
Conagra (NYSE: CAG) beats Q1 FY27 earnings & sales estimates, but stock drops as inflation pressures margins. Read key details.
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Why It Matters
Conagra made more money than expected this quarter. But costs for shipping food are going up faster than they thought, which squeezes their profits.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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