NYSE:CAGFood
Conagra Brands (CAG) Cuts Dividend As Losses Raise The Question Of Whether It Is Fully Valued
Conagra Brands (CAG) has drawn fresh attention after reporting a quarterly net loss of US$1,616.9 million and a full year net loss of US$1,916.2 million, alongside higher impairment charges and a reduced quarterly dividend.
See our latest analysis for Conagra Brands.
Conagra Brands' share price has reacted to the impairments, dividend cut and recent fixed income offering with short term momentum, including a 12.5% 1 month share price return. However, the 1 year total shareholder return is...