Filing Flows › Conagra Brands (CAG) › Q3 FY25
Conagra Brands (CAG) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Apr 3, 2025
Conagra Brands (CAG) reported revenue of $2.8B for the third quarter fiscal 2025 (Q3 FY25), -6% from a year earlier and -11% from the quarter before. Operating margin was 13.9%, net earnings $145M (5.1% of revenue).
Conagra Brands, Q3 FY25: revenue $2.8B (-6% year over year), operating margin 13.9%, net earnings $145M, operating cash flow $592M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8B | -11% | -6% |
| Gross profit | $710M | -16% | — |
| Operating profit | $395M | -16% | -32% |
| Net earnings | $145M | -49% | -53% |
| Operating cash flow | $592M | +22% | -13% |
| Free cash flow | $503M | +25% | -13% |
What changed
Revenue was $2.8B in Q3 FY25, down 6% year over year and down 11% from the previous quarter. Frozen was the largest line at 33% of revenue. Frozen lost $0.08B year over year (down 8%), 40% of the total change.
Gross margin was 25.0%. Operating profit was $0.40B, a 13.9% margin (down 5.2 points year over year). Net earnings were $0.15B, down 53% year over year. The effective tax rate was 23.2%.
Operating cash flow was $0.59B (down 13% year over year), 408% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.34B. Capital expenditures of $0.09B left free cash flow of $0.50B.
Questions
What was Conagra Brands' revenue in the third quarter fiscal 2025?
Conagra Brands (CAG) reported revenue of $2.8B for the third quarter fiscal 2025 (Q3 FY25), -6% from a year earlier and -11% from the quarter before.
Was Conagra Brands profitable in the third quarter fiscal 2025?
Operating profit was $395M (13.9% of revenue) and net earnings $145M.
Source: Conagra Brands 10-Q on SEC EDGAR.