1032 ET - Conagra Brands is willing to eat some profit in the near term in order to grow volumes, particularly in its frozen-foods and snack domains, which account for about 70% of the company's total sales. The maker of Birds Eye frozen vegetables says it will increase its supply chain resiliency this year by investing to modernize its facilities and expand capacity in high-growth categories. Conagra's other goals include mitigating tariffs through alternative sourcing methods, cost-savings initiatives and "targeted price adjustments" in its canned-products business, CEO Sean Connolly says on a call with analysts.(connor.hart@wsj.com)
(END) Dow Jones Newswires
July 10, 2025 10:33 ET (14:33 GMT)
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