Quartz·1 min read·medium
Conagra Brands is forecasting weaker annual profit than Wall Street expected
✦AI Summary
Conagra Brands has issued a weaker-than-expected annual profit forecast, leading to a dividend cut. The company also reported a significant $2 billion impairment charge in its latest quarterly results.
The packaged food company also halved its dividend and took a $2 billion impairment charge in its latest quarter
businessfoodeconomy
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