ConAgra Foods Reaffirms Optimistic 2009 Outlook Despite 2Q09 Profit Plunge of 31%, an Industrial Info News Alert
December 18 2008 - 6:00AM
Marketwired
Researched by Industrial Info Resources (Sugar Land, Texas) --
ConAgra Foods Incorporated (NYSE:CAG) (Omaha, Nebraska) has
announced that its second-quarter 2009 profit has plunged 31% to
$168.1 million, compared with $244.8 million in the same period
last year, as commodity prices fell from highs during the summer.
However, higher prices helped to boost net sales to $3.26 billion,
up 10.6% compared with $2.95 billion in 2Q08. Industrial Info is
tracking five active projects involving ConAgra as part of our
North American Industrial Database.
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