Wednesday, January 11, 2023

Conagra Brands Had an Extremely High 17.0% Price/Mix Component (Predominately Higher Pricing) of Its Net Sales Increase in the Most Recent November 2022 Quarter, More Than 10 Times Its Modest 1.6% Price/Mix Component in the Aug 2021 Quarter Only Five Quarters Ago

From its most recent six Quarterly Earnings Releases filed with the US SEC, here are the Higher Price/Mix Components of Conagra Brands' Total Net Sales % Increases:

  • Nov 2022 +17.0%
  • Aug 2022 +14.3%
  • May 2022 +13.2%
  • Feb 2022 +8.6%
  • Nov 2021 +6.8%
  • Aug 2021 +1.6%

Clearly, Conagra Brands' recent Pricing Components of Its Net Sales Increases are abnormally high.

Its customers cannot be happy with Conagra Brands' outlandishly high pricing increases of its products.

Conagra Brands November 2022 Quarter Earnings Release