Conagra Brands, Inc. (CAG) Q2 2025 Earnings Call Transcript

Conagra Brands, Inc. (NYSE:CAG) Q2 2025 Earnings Conference Call December 19, 2024 9:00 AM ET

Company Participants

Melissa Napier – Head of IR
Sean Connolly – CEO
David Marberger – CFO

Conference Call Participants

Melissa Napier

Good morning. This is Melissa Napier from Conagra Brands’ Investor Relations. Thank you for listening to our prepared remarks for the Conagra Brands second quarter and first half fiscal 2025 earnings. At 9:30 eastern time this morning, we will hold a separate live question-and-answer session on today’s results, which you can access via webcast on our Investor Relations website. Our press release, presentation materials, and a transcript of these prepared remarks are also available there.

I’m joined this morning by Sean Connolly, our CEO; Dave Marberger, our CFO; and Matthew Neisius, Senior Director, Investor Relations. We will be making some forward-looking statements today. And while we are making those statements in good faith based on current information, we do not have any guarantee about the results we will achieve. Descriptions of our risk factors are included in our filings with the SEC.

We will also be discussing some non-GAAP financial measures. Please see the earnings release and the slides for GAAP to non-GAAP reconciliations and information on our comparability items, which can be found in the Investor Relations section of our website.

I’ll now turn the call over to Sean.

Sean Connolly

Thanks, Melissa, and good morning, everyone. Thank you for joining our second quarter fiscal

2025 earnings call.

Let’s begin on Slide 4. Our second quarter results reflect the fact that we continue to win with consumers despite ongoing economic pressures. We saw a return to growth in Q2 as we drove volume improvement, an organic net sales increase, and market share gains, demonstrating the continued strength of our innovation and strong execution by our team.