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Conagra Brands Q1 2021 sales increased 12.1%

Christian Fernsby ▼ | October 5, 2020
Conagra Brands reported results for the first quarter of fiscal year 2021, which ended on August 30, 2020.
Conagra Brands
Conagra Brands   First quarter net sales increased 12.1%
First quarter net sales increased 12.1%, and organic net sales increased 15.0%, with significant growth in each of the Company's three retail segments on both a reported and an organic basis.

Topics: Conagra Brands

Gross profit increased 21.9% to $810 million in the quarter, and adjusted gross profit increased 21.7% to $823 million.

Gross margin increased 245 basis points to 30.2% in the quarter, and adjusted gross margin increased 244 basis points to 30.7%.


 

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