ConAgra Foods Announces Details of Conagra Brands Investor Day Webcast
October 13 2016 - 2:30PM
Business Wire
ConAgra Foods, Inc. (NYSE: CAG), one of North America’s leading
food companies, will host a Conagra Brands Investor Day on Tuesday,
Oct. 18, 2016 at 9:15 a.m. CDT. The company’s leadership team will
present information on Conagra Brands’ business strategies and
long-term financial objectives in advance of ConAgra Foods’
spin-off of its Lamb Weston business. The spin-off of the Lamb
Weston business is expected to be completed on Nov. 9, 2016 at
11:59 p.m., New York City time, and result in two independent,
publicly-traded, pure play companies, Conagra Brands and Lamb
Weston. The completion of the spin-off remains subject to customary
closing conditions, including the Securities and Exchange
Commission having declared effective Lamb Weston’s Registration
Statement on Form 10.
The Investor Day event will be accessible via live webcast.
Domestic and international participants may access the event on
ConAgra Foods’ website at http://investor.conagrafoods.com. A
rebroadcast of the event will be available on ConAgra Foods’
website, http://investor.conagrafoods.com, on Wednesday, Oct. 19,
2016 at 9:15 a.m. CDT and will remain accessible for one year.
About ConAgra Foods
ConAgra Foods, Inc. (NYSE: CAG) is one of North America's
leading packaged food companies with recognized brands such as
Marie Callender's®, Healthy Choice®, Slim Jim®, Hebrew National®,
Orville Redenbacher's®, Peter Pan®, Reddi-wip®, PAM®, Snack Pack®,
Banquet®, Chef Boyardee®, Egg Beaters®, Hunt’s® and many other
ConAgra Foods brands found in grocery, convenience, mass
merchandise and club stores. ConAgra Foods also has a strong
business-to-business presence, supplying frozen potato and sweet
potato products as well as other vegetable products to a variety of
well-known restaurants, foodservice operators and commercial
customers. For more information, please visit us at
www.conagrafoods.com.
Note on Forward-looking Statements
This press release contains forward-looking statements within
the meaning of the federal securities laws. These forward-looking
statements are based on management’s current expectations and are
subject to uncertainty and changes in circumstances. We undertake
no responsibility for updating these statements. Readers of this
press release should understand that these statements are not
guarantees of performance or results. Many factors could affect our
actual financial results and cause them to vary materially from the
expectations contained in the forward-looking statements, including
those set forth in this press release. These risks and
uncertainties include, among other things: our ability to
successfully complete the spin-off of our Lamb Weston business on a
tax-free basis, within the expected time frame or at all, and
achieve the intended benefits of the spin-off; general economic and
industry conditions; our ability to successfully execute our
long-term value creation strategy; our ability to access capital;
our ability to execute our operating and restructuring plans and
achieve our targeted operating efficiencies, cost-saving
initiatives, and trade optimization programs; the effectiveness of
our hedging activities, including volatility in commodities that
could negatively impact our derivative positions and, in turn, our
earnings; the competitive environment and related market
conditions; our ability to respond to changing consumer preferences
and the success of our innovation and marketing investments; the
ultimate impact of any product recalls and litigation, including
litigation related to the lead paint and pigment matters; actions
of governments and regulatory factors affecting our businesses,
including the Patient Protection and Affordable Care Act; the
availability and prices of raw materials, including any negative
effects caused by inflation or weather conditions; risks and
uncertainties associated with intangible assets, including any
future goodwill or intangible assets impairment charges; our
ability to realize the synergies and benefits contemplated by the
Ardent Mills joint venture; the costs, disruption, and diversion of
management’s attention associated with campaigns commenced by
activist investors; and other risks described in our reports filed
from time to time with the Securities and Exchange Commission. We
caution readers not to place undue reliance on any forward-looking
statements included in this press release, which speak only as of
the date of this press release.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161013006448/en/
ConAgra Foods, Inc.MEDIA: Mike
Cummins312-549-5257Michael.Cummins@ConAgraFoods.comorANALYSTS:
Johan Nystedt312-549-5002IR@ConAgraFoods.com
ConAgra Brands (NYSE:CAG)
Historical Stock Chart
From Aug 2024 to Sep 2024
ConAgra Brands (NYSE:CAG)
Historical Stock Chart
From Sep 2023 to Sep 2024