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Crunch time at ConAgra Foods
date:Jun 30, 2014
$899.4 million in fiscal 2014, down 10% from $1,000.2 million during the previous year. The segment had sales of $7,315.5 million, down 3% from $7,551.4 million. In the fourth quarter, operating profit plunged 35% to $177.1 million from $270.2 million, while sales tumbled 7% to $1,779.7 million from $1,922.1 million.

Mr. Rodkin attributed the struggles to the continuing poor performance of several large brands, including Healthy Choice, Orville Redenbachers and Chef Boyardee. He said ConAgra ha

12/22 05:08