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Conagra Brands Inc   (CAG)
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CAG's Operating Income Growth by Quarter and Year

Conagra Brands Inc 's Operating Income results by quarter and year




CAG Operating Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter May - 316.20 136.90 201.30
III Quarter February - 391.80 280.70 361.80
II Quarter November - 455.40 330.60 437.20
I Quarter August 489.30 -112.30 285.20 410.00
FY   489.30 1,051.10 1,033.40 1,410.30



CAG Operating Income first quarter 2024 Y/Y Growth Comment
Conagra Brands Inc in the first quarter 2024 achieved Operating Income of $ 489.30 millions compare to Operating Loss recorded in same quarter a year ago.

Looking into first quarter 2024 results within Food Processing industry 4 other companies have achieved higher Operating Income growth. While Conagra Brands Inc ' s Operating Income no change of % ranks overall at the positon no. 30 in the first quarter 2024.

Explain Operating Income growth


CAG Operating Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter May - 130.97 % -31.99 % -15.49 %
III Quarter February - 39.58 % -22.42 % 37.46 %
II Quarter November - 37.75 % -24.38 % 37.48 %
I Quarter August - - -30.44 % 172.43 %
FY   - 1.71 % -26.72 % 45.41 %

Financial Statements
Conagra Brands Inc 's first quarter 2024 Operating Income $ 489.30 millions CAG's Income Statement
Conagra Brands Inc 's first quarter 2023 Operating Income $ -112.30 millions Quarterly CAG's Income Statement
New: More CAG's historic Operating Income Growth >>


CAG Operating Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter May - -19.3 % -51.23 % -44.36 %
III Quarter February - -13.97 % -15.09 % -17.25 %
II Quarter November - - 15.92 % 6.63 %
I Quarter August 54.74 % - 41.68 % 72.12 %
FY (Year on Year)   - 1.71 % -26.72 % 45.41 %




Operating Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Food Processing Industry #5
Consumer Non Cyclical Sector #8
Overall #30

Operating Income Y/Y Growth Statistics
High Average Low
5615.22 % 78.6 % -147.05 %
(Aug 25 2019)   (March 31, 2015)
Operating Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Food Processing Industry #5
Consumer Non Cyclical Sector #8
Overall #30
Operating Income Y/Y Growth Statistics
High Average Low
5615.22 % 78.6 % -147.05 %
(Aug 25 2019)   (March 31, 2015)

Operating Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Conagra Brands Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
240.22 % 7.52 % -100 %
(May 26 2019)  


CAG's I. Quarter Q/Q Operating Income Comment
Conagra Brands Inc achieved in the I. Quarter 2024 above company average sequential Operating Income jump of 54.74%, to $ 489.30 millions, from $316.20 millions in the fourth quarter.
Food Processing company is impressively improving, not just recording higher then average growth, and additionally improving pace.

Within Food Processing industry Conagra Brands Inc achieved highest sequential Operating Income growth. While Conagra Brands Inc 's Operating Income growth quarter on quarter, overall rank is 4.


Operating Income Q/Q Growth Company Ranking
Within: No.
Food Processing Industry #1
Consumer Non Cyclical Sector #2
Overall #4
Operating Income Q/Q Growth Company Ranking
Within: No.
Food Processing Industry #1
Consumer Non Cyclical Sector #2
Overall #4
Operating Income Q/Q Growth Statistics
High Average Low
240.22 % 7.52 % -100 %
(May 26 2019)  


CAG's I. Quarter Q/Q Operating Income Comment
Conagra Brands Inc achieved in the I. Quarter 2024 above company average sequential Operating Income jump of 54.74%, to $ 489.30 millions, from $316.20 millions in the fourth quarter.
Food Processing company is undergoing a remarkable growth, not only claiming higher then regular increase, and additionally increasing rate, Rebecca Harris, Food Processing industry insider mentioned.

Within Food Processing industry Conagra Brands Inc achieved highest sequential Operating Income growth. While Conagra Brands Inc 's Operating Income growth quarter on quarter, overall rank is 4.


Conagra Brands Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Aug 27 2023)
12 Months Ending
(May 28 2023)
12 Months Ending
(Feb 26 2023)
12 Months Ending
(Nov 27 2022)
12 Months Ending
(Aug 28 2022)
Cumulative Operating Income 12 Months Ending $ 1,652.70 $ 1,051.10 $ 871.80 $ 760.70 $ 635.90
Y / Y Operating Income Growth (TTM) 159.9 % 1.71 % -20.59 % -35.47 % -50.53 %
Year on Year Operating Income Growth Overall Ranking # 31 # 39 # 24 # 1232 # 33
Seqeuential Operating Income Change (TTM) 57.24 % 20.57 % 14.6 % 19.63 % -38.47 %
Seq. Operating Income Growth (TTM) Overall Ranking # 30 # 37 # 18 # 1169 # 33




Cumulative Operating Income growth Comment
Conagra Brands Inc saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 159.9% year on year, to $ 1,653 millions if the fiscal year would have ended in Aug 27 2023.
Conagra Brands Inc 's trailing twelve months Operating Income growth was higher than company's average 78.6% and higher than 1.71% growth in May 28 2023.
But from the previous reporting period increase was less at 57.24 % from $1051.1 millions reported in the period from May 28 2023 to Aug 28 2022 Rebecca Harris continued.
There is slowdown happening, more noticeable if you pay attention to the average Q/Q TTM historic rise what is stronger at78.6% Rebecca Harris wrote.
The progress was even more impressive from twelve months ended May 28 2023 clinched at 57.24 % increase from $1051.1 millions in the period from May 28 2023 to Aug 28 2022.

Among companies within the Consumer Non Cyclical sector 7 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 31, from total ranking in previous quarter at 39.

Operating Income TTM Q/Q Growth Statistics
High Average Low
5615.22 %
78.6 %
-147.05 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Food Processing Industry # 5
Consumer Non Cyclical Sector # 8
Overall # 31

Operating Income TTM Y/Y Growth Statistics
High Average Low
5615.22 %
78.6 %
-147.05 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 5
Sector # 8
S&P 500 # 30
Cumulative Operating Income growth Comment
Conagra Brands Inc saw improvement in Operating Income growth trend, posting cumulative 12 months Operating Income growth of 159.9% year on year, to $ 1,653 millions if the fiscal year would have ended in Aug 27 2023.
Conagra Brands Inc 's trailing twelve months Operating Income growth was higher than company's average 78.6% and higher than 1.71% growth in May 28 2023.
But from twelve months ended May 28 2023 increase was beneth at 57.24 % from $1051.1 millions achieved in twelve months ending a quarter before Rebecca Harris went on.
It appears to be drop-off happening, more noticeable as we look at typical Q/Q TTM Operating Income increase that is stronger at78.6%.
The momentum was much more impressive from twelve months ended May 28 2023 exhibited at 57.24 % rise from $1051.1 millions in twelve months ending a quarter before.

Among companies within the Consumer Non Cyclical sector 7 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 31, from total ranking in previous quarter at 39.

Operating Income TTM Q/Q Growth Statistics
High Average Low
5615.22 %
78.6 %
-147.05 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Food Processing Industry # 5
Consumer Non Cyclical Sector # 8
Overall # 31

Operating Income TTM Y/Y Growth Statistics
High Average Low
5615.22 %
78.6 %
-147.05 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 5
Sector # 8
S&P 500 # 30




Other Operating Income Growth
Food Processing Industry Operating Income Growth Trends and Statistics
Consumer Non Cyclical Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
CAG's Operating Income Growth Ratio versus Food Processing Industry, Consumer Non Cyclical Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for CAG's Competitors
Operating Income Growth for Conagra Brands Inc 's Suppliers
Operating Income Growth for CAG's Customers

You may also want to know
CAG's Annual Growth Rates CAG's Profitability Ratios CAG's Asset Turnover Ratio CAG's Dividend Growth
CAG's Roe CAG's Valuation Ratios CAG's Financial Strength Ratios CAG's Dividend Payout Ratio
CAG's Roa CAG's Inventory Turnover Ratio CAG's Growth Rates CAG's Dividend Comparisons



Companies with similar Operating Income jump for the quarter ending Aug 27 2023 within Consumer Non Cyclical SectorY/Y Change %Operating Income for the quarter ending Aug 27 2023
General Mills Inc -14.33%$ -14.333 millions
Ennis Inc -14.88%$ -14.881 millions
Chs Inc -59.93%$ -59.933 millions
Educational Development Corporation-72.72%$ -72.718 millions




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