Conagra Q1 net income rises 6% to $174.3M on lower taxes, but operating income falls 23%

Filed September 30, 2026 · Period ending August 30, 2026 · Compared to 10-Q Oct 1, 2025 · ~1 min read

Key Changes

• high

  Net income rose 6.0% to $174.3M, but operating income fell 22.7% to $268.4M — the bottom-line gain came from a smaller below-the-line deduction, not operations.

  MD&A: Results verify on EDGAR →
• high

  Goodwill in Refrigerated & Frozen was written down to fair value in fiscal 2026, leaving zero cushion and heightening future impairment risk.

  Notes: Goodwill verify on EDGAR →
• high

  Quarterly dividend was cut in half to $0.175 per share from $0.35.

  MD&A: Dividend verify on EDGAR →