Filing Flows › Conagra Brands (CAG) › Q1 FY27 › vs Q1 FY26
Conagra Brands (CAG) Q1 FY27 vs Q1 FY26 (year over year)
Conagra Brands's revenue fell $36.7M (-1%) from $2.6B in Q1 FY26 to $2.6B in Q1 FY27. The biggest changes: Frozen −$20.8M (-2%); Other Shelf-stable −$16.1M (-3%); Snacks −$12.4M (-2%). Gross margin 23.8% against 24.3% (-0.5 pts).
Conagra Brands, Q1 FY27: revenue $2.6B (-1% year over year), operating margin 10.3%, net earnings $174M, operating cash flow −$4.2M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 23.8% | 24.3% | -0.5 pts |
| Operating margin | 10.3% | 13.2% | -2.9 pts |
| Net margin | 6.7% | 6.2% | +0.5 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Frozen | $878M | $898M | −$20.8M | -2% |
| Other Shelf-stable | $552M | $568M | −$16.1M | -3% |
| Snacks | $499M | $511M | −$12.4M | -2% |
| Foodservice | $273M | $264M | $8.4M | +3% |
| International | $218M | $212M | $5.8M | +3% |
| Refrigerated | $176M | $178M | −$1.6M | -0.9% |
| Revenue | $2.6B | $2.6B | −$36.7M | -1% |
| Gross profit | $619M | $641M | −$21.9M | -3% |
| Cost of revenue | $2.0B | $2.0B | −$14.8M | -0.7% |
| Operating profit | $268M | $347M | −$79.0M | -23% |
| Operating expenses | $350M | $293M | $57.1M | +19% |
| Pre-tax earnings | $233M | $289M | −$56.2M | -19% |
| Other expense, net | $35.5M | $58.3M | −$22.8M | -39% |
| Net earnings | $174M | $164M | $9.8M | +6% |
| Income tax | $58.6M | $125M | −$66.0M | -53% |
| Operating cash sources | $291M | $159M | $132M | +83% |
| Depreciation & amortization | $97.9M | $95.3M | $2.6M | +3% |
| Share-based compensation | $14.3M | $19.6M | −$5.3M | -27% |
| Cash used in operations | $4.2M | −$121M | $125M | — |
| Working capital & other | $291M | $159M | $132M | +83% |
Questions
How much did Conagra Brands's revenue grow year over year in Q1 FY27?
Conagra Brands's revenue fell $36.7M (-1%) from $2.6B in Q1 FY26 to $2.6B in Q1 FY27.
What drove Conagra Brands's revenue change in Q1 FY27?
Frozen −$20.8M (-2%); Other Shelf-stable −$16.1M (-3%); Snacks −$12.4M (-2%).