ConAgra Foods (CAG +3.5%) CEO Gary Rodkin tips in an earnings CC the type of headwinds the food...


ConAgra Foods (CAG +3.5%) CEO Gary Rodkin tips in an earnings CC the type of headwinds the food seller has been facing. He notes commodity prices rose 11% over the first 3 quarters of the fiscal year, before settling back to 6% in FQ4, at the same time consumers became more thrifty and value-conscious. While the company has a plan to keep productivity improvements and pricing actions in place, macroeconomic factors sit firmly on center stage for it.

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