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ConAgra Foods struggles as Consumer Foods, Private Brands underperform
date:Jun 19, 2014
e fourth-quarter impairment charge to be $681 million, and it includes the companys revised profit projections as well as expectations for continued challenges for some of the companys retail brands, most notably Chef Boyardee.

The lower e.p.s. was blamed on a 7% quarterly volume decline in the companys Consumer Foods business as well as weak profits from its Private Brands unit. Quarterly operating profit for the Private Brands business is expected to show a comparable year-over-year decline o

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