At my local grocery store I have noticed ConAgra Frozen Products lines with incredible discounts. Even their premium products. What is going on?
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Can't tell you the number of friends here in Omaha who absolutely refuse to purchase ConAgra Brands products.
And they really know which brands are ours.
What did they expect? They dumped all the Sales people who made it all work and gave it to the worst broker company in the United States.
I see Seanagra circling the drain.
Sales are down across the entire portfolio. I don't understand how cooking the books is a business plan. It will come out in time and cause bigger issues with the stock. Nobody is going to buy any of conga at full price when they can wait and buy at pennies on the dollar after corporate mgmt. wrecks it. Train wreck serving sh-- sandwiches. Just an opinion.
Sales tanked last quarter. Maybe desperately trying to boost the bottom line?