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ConAgra Earnings Miss Forecast As Private-Label Foods Slump
date:Jun 20, 2014
ConAgra Foods Inc., the packaged- food company that owns Chef Boyardee and Healthy Choice, said earnings missed its forecast amid slow sales of consumer foods and shrinking profit at its private-label business.

Fourth-quarter earnings were about 55 cents a share, excluding some items, the company said today in a preliminary statement. ConAgra had predicted 60 cents for the period, which ended on May 25. The sluggish results, which also prompted a fourth-quarter writedown of $681 million, sent t

12/25 09:55