ConAgra Sees Expected Dip in Profits in Fiscal First-Quarter 2012, Keeps Sunny Outlook, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 09/21/11 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading North American food company (NYSE:CAG) (Omaha, Nebraska) reported stronger sales but weaker profits in the company's fiscal first-quarter 2012, as inflation and wheat-market factors negated the impact of improved pricing. Net income for the quarter was reported to be $85.3 million, a 41.74% decrease from fiscal first-quarter 2011.
Industrial Info is tracking $127 million in total ConAgra spending, including a $50 million addition to a nutritional snack bars manufacturing plant in Grand Rapids, Michigan. For more information, visit Industrial Info's North American .
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Datum: 21.09.2011 - 04:15 Uhr
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News-ID 1039396
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