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Stock impact report

Conagra Tests Protein Heavy Breakfast Bowls As Frozen Strategy Indicator [Yahoo! Finance]

ConAgra Brands, Inc. (CAG) 
Last conagra brands, inc. earnings: 3/31 07:28 am Check Earnings Report
US:NYSE Investor Relations: conagrabrands.com/investor-relations
Company Research Source: Yahoo! Finance
Conagra Brands, traded as NYSE:CAG, has introduced Banquet MEGA Breakfast Bowls to its frozen breakfast lineup. The new products feature high protein recipes and use a tray in tray steaming method to cook components inside the microwave. This launch extends the Banquet MEGA brand from dinners into breakfast, targeting shoppers looking for convenient, filling options at home. For investors watching NYSE:CAG, this product launch lands at a time when the stock trades around $18.51 and recent returns have been mixed. The shares are up 7.0% over the past month and 7.0% year to date, but show a 21.8% decline over the past year and larger pullbacks over three and five years. That backdrop can make product moves like Banquet MEGA Breakfast Bowls more interesting, as they illustrate how Conagra Brands is trying to compete on convenience and perceived value. Frozen breakfast has been busy territory for brand owners, and Conagra Brands is seeking to stand out with both higher protein co Show less Read more
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