A Brief History of Conagra Brands, Inc. (CAG)

Conagra Brands, Inc. (CAG) has a rich history that dates back to the early 20th century. The company has evolved and expanded over the decades to become a major player in the food industry. Here are some key milestones in its history:

• 1919: Conagra was founded as Nebraska Consolidated Mills (NCM) in Grand Island, Nebraska. The company initially focused on the grain-milling business, producing flour and other grain products.
• 1971: NCM was renamed ConAgra Foods, Inc. as part of a rebranding effort to reflect its growing product line and an expansion beyond grain milling.
• 1980s: The company diversified significantly through a series of strategic acquisitions, including the purchase of Banquet Foods, known for its frozen dinners, in 1980.
• 1993: ConAgra Foods acquired the Beatrice Company, which brought brands like Hunt's, Orville Redenbacher’s, and Swiss Miss into its portfolio.
• 2000s: Continued growth and restructuring characterized this era. The company's focus began to shift toward branded and value-added products.
• 2012: ConAgra acquired Ralcorp, the largest manufacturer of private-label foods in the U.S., marking a significant expansion into the private-label sector.
• 2016: ConAgra Foods rebranded itself as Conagra Brands, Inc., streamlining its operations to focus on its consumer and commercial foods businesses.
• 2018: Conagra Brands acquired Pinnacle Foods for $10.9 billion, adding well-known brands such as Birds Eye, Duncan Hines, and Earth Balance to its portfolio.

Who Owns Conagra Brands, Inc. (CAG)

Conagra Brands, Inc. (CAG) is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol CAG. As a public corporation, Conagra Brands is owned by a diverse group of shareholders, which primarily includes institutional investors, mutual funds, and individual investors.

Below is a brief overview of the main ownership categories:

• Institutional Investors: A significant portion of Conagra Brands' shares are held by institutional investors. These can include pension funds, asset management companies, and insurance companies. Some of the notable ones are The Vanguard Group, BlackRock, and State Street Corporation.
• Mutual Funds: Mutual funds also hold a substantial percentage of the company’s shares. Examples include the Vanguard Total Stock Market Index Fund, various funds managed by Fidelity, and other diversified investment funds.
• Individual Investors: Individual shareholders hold their shares either directly or through stock market brokerage accounts. These individual investors include retail investors and company employees who may hold stock options or shares as part of their compensation packages.
• Executive Management and Board Members: Senior executives and board members of Conagra Brands also own shares. Their ownership stakes can be significant and are usually disclosed in their financial and governance reports.

The ownership structure of Conagra Brands is dynamic and may change over time due to market transactions and investment decisions. However, institutional investors generally hold a dominant position, which gives them considerable influence over corporate decisions and governance.

Conagra Brands, Inc. (CAG) Mission Statement

Conagra Brands, Inc. is dedicated to providing great food that delivers joy and value to its customers. The company has a clear mission statement that drives its operations and strategic decisions. The mission statement can be summarized through the following core principles:

• Quality and Safety: Conagra is committed to ensuring the highest standards of quality and safety across all its product lines. The company endeavors to maintain rigorous quality control processes to ensure that all consumers enjoy the best and safest food products.
• Innovation: Conagra places a strong emphasis on innovation, continually seeking to improve and expand its product portfolio. The company invests heavily in research and development to create food that meets the evolving tastes and needs of consumers.
• Customer Focus: Understanding and exceeding customer expectations is a primary focus for Conagra. The company strives to build strong relationships with its customers by consistently delivering products that offer convenience, taste, and value.
• Sustainability: Conagra aims to reduce its environmental footprint through sustainable business practices. The company focuses on responsible sourcing, reducing waste, and minimizing its impact on the planet.
• Diversity and Inclusion: Creating an inclusive workplace and fostering diversity are key components of Conagra’s mission. The company believes that a diverse and inclusive environment drives better business outcomes and innovation.
• Community Engagement: Conagra is committed to giving back to the communities in which it operates. The company engages in various philanthropic activities and encourages employee involvement in community service.

By adhering to these principles, Conagra Brands, Inc. aims to achieve its mission of delivering high-quality, innovative, and sustainable food products that bring joy and value to its customers and communities.

How Conagra Brands, Inc. (CAG) Works

Conagra Brands, Inc. (CAG) is one of North America's leading packaged food companies, boasting a wide array of products that cater to various consumer tastes and preferences. The company operates through several well-structured processes and strategies to maintain its position in the competitive food industry.

Product Portfolio

• Conagra offers a rich portfolio of brands, including iconic names such as Healthy Choice, Marie Callender's, and Hunt's.
• The product range spans across frozen foods, snacks, condiments, and meals, catering to diverse consumer needs.
• The company continuously invests in innovation to bring new and improved products to the market.

Manufacturing and Supply Chain

• Conagra operates numerous manufacturing facilities across North America, ensuring timely production and supply of their goods.
• The company employs advanced manufacturing processes to maintain high-quality standards.
• Robust supply chain management ensures efficient distribution and availability of products in various retail channels.

Marketing and Sales

• Conagra employs multi-channel marketing strategies, including digital advertising, in-store promotions, and partnerships with retailers.
• They leverage consumer insights and data analytics to tailor marketing campaigns that resonate with target audiences.
• The company has a dedicated sales team that works closely with retailers to optimize product placement and visibility.

Sustainability and Social Responsibility

• Conagra is committed to sustainability, focusing on reducing its environmental footprint through sustainable sourcing and waste reduction initiatives.
• The company actively participates in community engagement and philanthropic activities, supporting various social causes.
• They have set ambitious goals for improving packaging sustainability and reducing greenhouse gas emissions.

Financial Performance

• Conagra maintains a strong financial performance through strategic acquisitions and efficient cost management.
• They consistently deliver value to shareholders through dividends and growth in stock value.
• The company regularly reviews and adjusts its portfolio to focus on high-margin and high-growth segments.

How Conagra Brands, Inc. (CAG) Makes Money

Conagra Brands, Inc. (CAG) is a major American packaged foods company that generates revenue through a variety of channels. The company’s business model involves manufacturing, marketing, and selling a wide range of branded and private-label food products. Conagra’s revenue streams are diversified across multiple categories and market segments. Below are some of the primary ways Conagra Brands makes money:

• Retail Brands: One of the largest revenue sources for Conagra is its portfolio of retail brands. These brands include iconic names like Healthy Choice, Marie Callender's, Birds Eye, and Slim Jim. These products are sold in supermarkets, grocery stores, and big-box retailers across the United States and internationally.
• Foodservice Sales: Conagra also makes a significant portion of its revenue through foodservice sales. The company supplies bulk food products to restaurants, educational institutions, healthcare facilities, and other foodservice operators. This allows Conagra to tap into the business-to-business market.
• Private Label Products: In addition to its branded products, Conagra produces private-label foods that are sold under a retailer's brand name. These products enable retailers to offer exclusive items that can attract and retain customers while providing Conagra with an additional revenue stream.
• Frozen Foods: The frozen food segment is a crucial part of Conagra’s business model. The company offers a wide array of frozen meals, vegetables, and desserts, catering to consumers looking for convenience without compromising on quality. This segment includes popular products under brands like Banquet and Birds Eye.
• Snacks: Another significant revenue stream for Conagra comes from its snack products. This includes a variety of salty and sweet snacks such as popcorn, meat sticks, and snack bars. Brands in this segment include Slim Jim, Orville Redenbacher's, and Snack Pack.
• E-commerce: With the growing trend of online shopping, Conagra has also focused on expanding its e-commerce presence. The company sells its products through various online platforms, including its own websites and major e-commerce retailers like Amazon and Walmart.com. This digital channel helps Conagra reach a broader audience and adapt to changing consumer behaviors.
• International Markets: While the U.S. is the primary market for Conagra, the company also generates revenue from international sales. By expanding its global footprint and catering to diverse consumer preferences, Conagra can achieve revenue growth outside its domestic market.