Conagra Brands, Inc. (NYSE:CAG) Q4 2025 Earnings Q&A Conference Call July 10, 2025 9:30 AM ET
Company Participants
David S. Marberger – Executive VP & CFO
Matthew Neisius – Senior Director of Investor Relations
Sean M. Connolly – President, CEO & Director
Conference Call Participants
Andrew Lazar – Barclays Bank PLC, Research Division
Bryan Andrew Adams – UBS Investment Bank, Research Division
Christopher Michael Carey – Wells Fargo Securities, LLC, Research Division
David Sterling Palmer – Evercore ISI Institutional Equities, Research Division
Leah Dianne Jordan – Goldman Sachs Group, Inc., Research Division
Max Andrew Stephen Gumport – BNP Paribas Exane, Research Division
Peter Thomas Galbo – BofA Securities, Research Division
Robert Bain Moskow – TD Cowen, Research Division
Operator
Good morning, and welcome to the Conagra Brands Fourth Quarter Fiscal 2025 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
I would now like to turn the conference over to Matthew Neisius, Senior Director of Investor Relations for Conagra Brands. Please go ahead.
Matthew Neisius
Good morning, everyone, and thank you for joining us. Once again, I’m joined this morning by Sean Connolly, our CEO; and Dave Marberger, our CFO. We may be making some forward-looking statements and discussing non-GAAP financial measures during this session. Please see our earnings release, prepared remarks, presentation materials and filings with the SEC which can be found in the Investor Relations section of our website for more information, including descriptions of our risk factors, GAAP to non-GAAP reconciliations and information on our comparability items. I’ll now ask the operator to introduce the first question.
Question-and-Answer Session
Operator
[Operator Instructions] And the first question comes from Andrew Lazar with Barclays.
Andrew Lazar
Great. Sean, I know you and I think other industry leaders have often said that it doesn’t make much sense for a
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