Conagra Brands invested in innovation and it's working. Will it last?
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Conagra Brands had its Q2 2021 earnings call on January 7th. The results were like the packaged goods industry at large—pretty good. The Chicago-based company, which owns various food brands across the frozen, snacks, and staples categories, posted organic net sales growth of about 8 percent. Even better, the company’s innovation initiatives accounted for about 17% of growth. “Our business remains strong in the absolute and relative to competition.” CEO Sean Connolly told investors, “And we expect Conagra to be in an even better position post-COVID as a result of our ongoing disciplined approach to investment and innovation.”
Conagra Brands invested in innovation and it's working. Will it last?
Conagra Brands invested in innovation and…
Conagra Brands invested in innovation and it's working. Will it last?
Conagra Brands had its Q2 2021 earnings call on January 7th. The results were like the packaged goods industry at large—pretty good. The Chicago-based company, which owns various food brands across the frozen, snacks, and staples categories, posted organic net sales growth of about 8 percent. Even better, the company’s innovation initiatives accounted for about 17% of growth. “Our business remains strong in the absolute and relative to competition.” CEO Sean Connolly told investors, “And we expect Conagra to be in an even better position post-COVID as a result of our ongoing disciplined approach to investment and innovation.”