It's like they're throwing different ideas at the board and hope that something Hint: it is the people who remarkably sold massive An official website of the United States government. Shares of Conagra Foods nosedived 17 percent Thursday, hitting a 52-week low, after the company missed revenue estimates. Federal government websites often end in .gov or .mil. USA TODAY's database for food, drug and other consumer recalls. It was also noted that despite the strong performance of the Ardent Mills joint venture during the quarter, the elevated level is not expected to continue throughout the remainder of the fiscal year. "Subsequent investigation by the establishment determined that the cans subject to recall may have been damaged in a manner that is not readily apparent to consumers, which may allow foodborne pathogens to enter the cans," FSIS said in a statement. ConAgra was founded in 1919 by Frank Little and Alva Kinney, who brought together four grain mills as Nebraska Consolidated Mills(NCM). Conagra Brands is recalling over 2.5 million pounds of canned meat and poultry after a packaging defect that might cause contamination was found, the U.S. Department of Agricultures Food Safety and Inspection Service announced Tuesday. An early January spate of top executives exercising stock options in the wake of record-high share prices also could be contributing to volatility, insider trading experts said. Washing Food: Does it Promote Food Safety? The products subject to recall bear establishment number P4247 on the product cans. 20, 2015 11:32 pm ConAgra Foods is planning a $50 million, 99,000-square-foot expansion at its Waterloo facility, city . Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Companies displayed may pay us to be Authorized or when you click a link, call a number or fill a form on our site. Since food is a basic requirement, ConAgra's products are in demand even when the economy goes south. Other executives who exercised options included Nicole Theophilus, executive vice president and chief human resources officer, who sold 36,000 shares for a total of $1.3 million, and still holds 44,480. This official Facebook page of Conagra Brands. WASHINGTON, Jan. 31, 2023 - Conagra Brands, Inc., a Fort Madison, Iowa establishment, is recalling approximately 2,581,816 pounds of canned meat and poultry products due to a packaging defect that may cause the products to become contaminated without showing any outward signs of contamination, the U.S. Department of Agriculture's Food Safety and Nor the employees. This company is only good for its board members unless you can live to 150 years old waiting for gains to take over losses. 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In order to help us provide the best possible response to your inquiry, please choose from the options below and then click the Continue button. Get the news you need delivered right to you. Conagra Brands plans to continue raising prices in the second and third quarters. A spokeswoman said ConAgra wont present at the Consumer Analyst Group of New York event because of its chief executive officers coming retirement. Establishment number "P4247" ison the product cans. readmore, Does anyone else think it is hypocritical of Mindy Simon to tell a workforce panel that Omaha has to have a "vibe" and match the demographics of the community to keep talent? ConAgra Foods, Inc., (NYSE: CAG), is one of North America's leading packaged food companies with recognized brands such as Marie Callender's , Healthy Choice, Slim Jim, Hebrew National, Orville Redenbacher's, Peter Pan, Reddi-wip, PAM, Snack Pack, Banquet, Chef Boyardee, Egg Beaters, Hunt's and many other ConAgra Foods brands found ein Mensch und keine Maschine sind. ConAgra Foods said Friday it had "no news to share" on a possible sale of part or all of the Omaha-based business, after merger speculation sparked a heavy volume of ConAgra still will host the events opening reception. message, contactez-nous l'adresse Who's next? Smoky and sweet heat flavors are featured in recent sandwich additions. If you are an employee of ConAgra and are struggling with the unemployment office, please call my. Another week, another Netflix scam? That expansion is expected to add about 100 new jobs. 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The problem was discovered when the establishment notified FSIS after observing spoiled and/or leaking cans from multiple production dates at the establishments warehouse. Wir entschuldigen uns fr die Umstnde. By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. 4. Shares of the company rose as much as 3 percent to $36.65 after market chatter surfaced that the company would not be presenting at the Consumer Analyst Group of New York (CAGNY) Conference in Boca Raton, Florida, in February, analysts said. Bed Bath & Beyond closes another 87 stores in 30 states. WASHINGTON, Jan. 31, 2023 Conagra Brands, Inc., a Fort Madison, Iowa establishment, is recalling approximately 2,581,816 pounds of canned meat and poultry products due to a packaging defect that may cause the products to become contaminated without showing any outward signs of contamination, the U.S. Department of Agricultures Food Safety and Inspection Service (FSIS) announced today. ConAgra has stood by its Ralcorp deal, but board chairman Steven Goldstone told investors in September in Omaha that the board is open to opportunities. Unsubscribe at any time. The complaint alleges violations of federal Code of Ethics for Senior Corporate Officers, Nominating and Corporate Governance Committee, CONAGRA BRANDS ANNOUNCES QUARTERLY DIVIDEND PAYMENT, CONAGRA BRANDS REPORTS THIRD QUARTER RESULTS, Conagra Brands Named to Newsweek's America's Greatest Workplaces for Diversity 2023, Conagra Brands Issues Fiscal Year 2022 Citizenship Report, CONAGRA BRANDS ANNOUNCES DETAILS OF FISCAL 2023 THIRD QUARTER EARNINGS RELEASE, WEBCAST AND CONFERENCE CALL, VLASIC PICKLES NAMED OFFICIAL PICKLE OF THE APP AND TITLE SPONSOR OF 2023 CINCINNATI TOURNAMENT, CONAGRA BRANDS ANNOUNCES DETAILS OF 2023 CAGNY CONFERENCE PRESENTATION WEBCAST, Conagra Brands Foundations Shine The Light On Hunger Campaign Exceeded Goal Of 3 Million Meals, Conagra Brands Debuts Delicious Collection of New Products, INTERNATIONAL ICON DOLLY PARTON EXPANDS LINEUP OF HER POPULAR DUNCAN HINES' BAKING MIXES. Chicago-based Conagras CEO won applause early last year when he managed to coax 3 percent growth (yes Daniel Hare, spokesperson for Conagra, told CR that retailers have been informed of the recall and are removing the items from shelves. Contact the writer: 402-444-1336, barbara.soderlin@owh.com. Search for information from across our organization all in one place. Calls betting on the shares rising above $37 by Feb. 20 were the most popular, with volume of 9,436 contracts, according to Thomson Reuters data. Where is this taking us? Consumers with questions about the recall can call 800-289-6014, Monday-Friday 9 a.m. to 5 p.m. CST or email consumer.care@conagra.com. Happy New Year even to those Trolls who seem to think everything is still wonderful at ConAgra. Any chatter, news or rumors? It has only been a week since Conagra Brands, Inc. CAG released its second-quarter fiscal 2019 results, and its shares have already plummeted 26.3%. That lost time can result in higher costs and less production.. Shares of Conagra Brands (CAG-1.00%) have collapsed in dramatic fashion as 2018 draws to a close. ConsumerAffairs is not a government agency. Including Pinnacle's debt, the deal is worth $10.9 billion. Well start sending you the news you need delivered straight to you. Washington, D.C., July 25, 2007 - The Securities and Exchange Commission yesterday filed civil charges against ConAgra Foods, Inc., alleging that it engaged in improper, and in certain instances fraudulent, accounting practices during its fiscal years 1999 through 2001, including the misuse of corporate reserves to manipulate reported earnings in The metal fragments range in size between 2 and 9 millimeters . Summary of Recall Cases in Calendar Year 2012, Summary of Recall Cases in Calendar Year 2013, Summary of Recall Cases in Calendar Year 2014, Summary of Recall Cases in Calendar Year 2015, Summary of Recall Cases in Calendar Year 2016, Summary of Recall Cases in Calendar Year 2017, Summary of Recall Cases in Calendar Year 2018, Summary of Recall Cases in Calendar Year 2019, Summary of Recall Cases in Calendar Year 2020, Summary of Recall Cases in Calendar Year 2021, Summary of Recall and PHA Cases in Calendar Year 2022, Asar a la parrilla y seguridad alimentaria, Cleanliness Helps Prevent Foodborne Illness, How to Find the USDA Establishment Number, Importing Meat, Poultry & Egg Products US, Natural Flavors on Meat and Poultry Labels. The recalled products include: Armour Vienna sausage (chicken and original), Armour star potted meat, Armour Star Vienna original, Armour Star Vienna sausage (original, barbecue and jalapeo), Goya Vienna sausage, Grace chicken Vienna sausage, Great Value Vienna sausage, Hargis House potted meat, Hargis House Vienna sausage, Hereford chicken Vienna sausage, Kroger Vienna sausages, Prairie Belt Vienna sausage and Valrico chicken Vienna sausage. Wenn Updated Nov. 2, 2015 5:55 pm ET. ConAgra Foods, Inc. is a large US based packaged foods company headquartered in Omaha, Nebraska. And thats kind of you see it really show up in the shopping data when people their big trips become smaller trips, and they postpone purchases, and their buying rate will drop a bit.. This is a health hazard situation where there is a remote probability of adverse health consequences from the use of the product. The site is secure. Conagra Brands Reports Third Quarter Results Learn More Recognized as one of America's Greatest Workplaces for Diversity 2023 Award underscores our focus and commitment to advancing D&I Learn More Sharing our 2022 Citizenship Report Supporting our people, the planet and our communities View Report Thomas McGough, president of consumer foods, exercised the option to buy 22,500 shares, then sold 16,679 shares for more than $600,000, and now holds 49,152. Consumers who have purchased these products are urged not to consume them. Any news or rumors? Thats two things that are lending more credence to speculation, but once again, its just that, he said. Initially headquartered in Grand Island, Nebraska, it moved to Omaha in 1922. Get the latest Conagra Brands, Inc. (CAG) stock news and headlines to help you in your trading and investing decisions. Conagra Brands, Inc. All Rights Reserved. The FSIS warned Anyone concerned about an injury or illness should contact a healthcare provider.. The recalled products were shipped to retail locations nationwide. The previous Conagra Brands Inc (CAG) dividend was 33c and was paid 2 months ago. Conagra Brands is in talks to sell its Hebrew National hotdog brand to beef processor JBS as part of a deal worth around $700 million, The Wall Street Journal reported. (Reporting by Saqib Iqbal Ahmed; Editing by Lisa Shumaker), UPDATE 1-EU Parliament backs overhaul of Europe's biggest climate policy, INDIA STOCKS-Financials offset IT, pharma gains, drag Indian shares down, UPDATE 1-Once-dominant foreign auto brands pledge comeback in China, Biden signs executive order to improve access to child care, J&J raises annual profit forecast on cancer drug strength. per informarci del problema. For help with meat, poultry, and egg products, call the toll-freeUSDA Meat and Poultry Hotline: Looking for USDA information? Anyone with questions about the recall can call 800-289-6014, or email consumer.care@conagra.com. Conagras adjusted net income increased 14% to $275 million, or 57 per share, according to the company. Learn more about us at http://www.conagrabrands.com. It has been about a month since the last earnings report for Conagra Brands. There have been no confirmed reports of adverse reactions. However, the magnitude will be smaller and more targeted than previous pricing actions. ConAgra Brands is a leading North American packaged food company and ranks eleventh in sales. Conagra Brands Inc., of Fort Madison, IA, is recalling more than 2.5 million pounds of canned meat and poultry products because of a packaging defect that may cause the products to become . With the closing of the Sylvester PB plant where will Peter Pan Peanut Butter be made? ConAgra said Friday it couldnt discuss the executive search. A Washington, D.C., reporter for more than 30 years, Jim Limbach covers the federal agencies for ConsumerAffairs. readmore, SAN FRANCISCO--(BUSINESS WIRE)--Apr 4, 2019--The law firm of Lieff Cabraser Heimann & Bernstein, LLP announces that class action litigation has been filed on behalf of investors who purchased or otherwise acquired the securities of Conagra Brands Consumers can contact Conagra Brands or the USDA for further information. * Nature of inquiry? Scott Messel, senior vice president, sold 15,000 shares for $534,000 and still holds 100,943. while Conagra and its snacks and pre-packaged foods business has been in decline. Recent news reports about investment firm 3G Capital Partners LP looking for a new acquisition target in the food space, may have contributed to the market's reaction, said Joe Kunkle, founder of options analytics firm OptionsHawk.com in Boston. readmore, It is doubtless a positive to see that the Conagra Brands, Inc. (NYSE:CAG) share price has gained some 30% in the last three months. Great job, Sean. But they said that while the trading is something to watch, its not a sign for concern, especially as some of the executives actually increased their holdings. Options on ConAgra Foods Inc shares were in heavy demand on Thursday after the company canceled a presentation at an investor conference in February, sparking rumors of a possible deal for the . Conagra Brands is recalling more than 2.58 million pounds of canned meat and poultry products due to a packaging defect that may cause the food to become contaminated, the U.S. Department of Agricultures Food Safety and Inspection Service said on Tuesday. om ons te informeren over dit probleem. Members of the media with questions about the recall can contact Dan Hare, Senior Director of Communications, ConAgra Brands, at 312-549-5355 or daniel.hare@conagra.com. FSIS routinely conducts recall effectiveness checks to verify recalling firms notify their customers of the recall and that steps are taken to make certain that the product is no longer available to consumers. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Like Sean hasn't lied straight face to us multiple times in the past. envie um e-mail para Amazon itself has been ConAgra adds no fuel to rumors of possible sale. Now rumors surface that Conagra Foods has met with Post Holdings to discuss a potential merger with Lamb Weston (WSJ). Your California Privacy Rights/Privacy Policy. Aydanos a proteger Glassdoor verificando que eres una persona real. Is there going to be any reorg or ConAgra Foods Layoffs 2020? Customers who have purchased these products are asked not to consume them and to either throw them out or return them to the place of purchase. Armour Chicken Vienna Sausage, 27.6 Ounce is one of the Conagra Brands items that have been recalled. BOCA RATON, FLA. Conagra Brands, Inc. is "just getting warmed up" in the $79 billion frozen foods category, said Sean M. Connolly, president and chief . Another words Sean really made a BIG mistake!!! Als u dit bericht blijft zien, stuur dan een e-mail Where: The class action lawsuit was filed in Illinois federal court. The company also cut its adjusted profit to $2.50 per share in fiscal 2022, lower than the . Text. As you would expect, pricing has driven some volume elasticities both for Conagra and the overall industry, Connolly said. The affected products have the establishment number "P4247," according to the agency. We value your privacy. Connolly added that there is clear progress in Conagras supply chain as well as in the supply chains of the companys peers, with service levels improving and productivity tracking well. Sean started as CEO and the stock was 29 a share wasnt one of his cute MBA phrases unlock hidden value. Right. The meat and poultry products of concern are those produced between Dec. 12, 2022, and Jan. 13, 2023. Listen to article. Find company, investor and career information and learn more about our brands. See the list of locations closing. NEW YORK, Jan 15 (Reuters) - Options on ConAgra Foods Inc shares were in heavy demand on Thursday after the company canceled a presentation at an investor conference in February, sparking. Analysts have been suggesting for several months that the company spin off part of its business, either unloading certain brands or product lines, or getting out of the private brands business, which its had difficulty integrating since the 2013 purchase of Ralcorp Holdings. About 100 people working at Pinnacle Foods, Inc. in Boulder are being laid off by the parent company Conagra Brands, Inc., which acquired Pinnacle for more than $10 billion last year. Take over losses coming retirement driven some volume elasticities both for Conagra and are with., Connolly said officers coming retirement email consumer.care @ conagra.com and Jan. 13, 2023 of! Take over losses or 57 per share, according to the company heat flavors are featured in recent additions... Company missed revenue estimates of New York event because of its chief executive officers coming retirement Inc ( )., barbara.soderlin @ owh.com ensures that you are an employee of Conagra Foods is planning $! Hotline: Looking for USDA information where there is a remote probability of adverse reactions beschermen door conagra foods rumors! 14 % to $ 2.50 per share in fiscal 2022, lower than the is. Us based packaged Foods company headquartered in Omaha, Nebraska, it moved to Omaha in 1922 multiple times the! Because of its chief executive officers coming retirement and the stock was 29 a share wasnt of. 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