Conagra Posts Decline in Sales and Profit for Q4 and FY2025

Conagra Brands has reported financial results for both the fiscal year and fourth quarter.

For the quarter, net sales declined 3.5%, driven by a 2.5% drop in volume and a 1.0% negative price/mix impact. Gross profit fell 12.1% to $707 million, as margins were pressured by inflation and weaker sales. Net income was $256 million ($0.53 per share), while adjusted EPS came in at $0.56. Adjusted EBITDA totaled $544 million.

For fiscal year 2025, net sales declined... 

Armanino Foods Reports Strong Q4 and Fiscal Year Growth

Armanino Foods of Distinction is celebrating its third consecutive quarter of record financial results.

The company is known for making frozen Italian specialty foods like sauces, pestos, and filled pastas that are manufactured for the foodservice, retail, and industrial markets.

For the quarter, net sales increased by 15%, reaching $18.5 million, compared to $16.1 million in the same period of 2023. For the fiscal year 2024, net sales grew by 9%, totaling $69.4 million, up from $63.6 million in 2023...

PERDUE® Is ‘Winging It’ With Wayne Brady During This Year's Big Game

Perdue® is taking this year’s Big Game viewing experience in an unexpected (and unpredictable) direction by combining the irresistible flavor of Perdue Air Fryer Ready ™ Crispy Wings with five-time Emmy Award-winner and two-time Grammy nominee, Wayne Brady.

Inspired by key game moments, commercials, commentary and requests from viewers and, of course, the mouthwatering goodness of Perdue Air Fryer Ready Crispy Wings, Brady will “wing it” to create songs, jokes, sketches and…who knows what else!

“Winging It” performances...

Rajbhog Foods Empanada Mislabeling Triggers FSIS Alert

The FSIS has issued a public health alert regarding frozen items labeled as Chicken Curry Empanadas from Rajbhog Foods.

These products may actually contain Apple Cinnamon Empanadas, which include milk, a known allergen. A recall was not initiated because the affected items are no longer available for purchase.

The frozen empanadas were produced on November 14, 2024, and packaged on November 20-21, 2024.

The 9.6 oz packages are in cardboard boxes labeled as "bettergoods TRADITIONALLY CRAFTED Chicken Curry Empanadas," with best-by...

Americans Turn to Frozen and Dairy Aisles to Keep Resolutions

As millions of Americans begin tackling their New Year's resolutions today, new research reveals the frozen and dairy aisles are becoming important destinations for achieving health, budget and convenience goals. According to a survey commissioned by the National Frozen & Refrigerated Foods Association (NFRA), 66% of Americans say pre-portioned ingredients help them achieve their health goals, while 75% cite cost savings as a top reason for choosing the frozen and refrigerated aisles - signaling a continued shift in shopping and eating habits...

A Tu Gusto, LLC Recalls Frozen Croquette Products Produced Without the Benefit of Inspection 

A Tu Gusto, LLC, a Lehigh Acres, Fla. firm, is recalling approximately 7,630 pounds of frozen meat and poultry croquette products that were produced without the benefit of federal inspection and may contain undeclared allergens, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The product contains soy, sesame seed and wheat, known allergens, which are not declared on the product label.

The frozen meat and poultry items were produced between April and October of 2024... 

Laoban Doubles Retail Footprint, Expanding Into Major Conventional Retailers

Laoban, the Asian frozen food brand known for using high-quality ingredients to make mouth-watering dumplings and bao buns, has doubled its retail distribution by adding 6,000 points of distribution.

In the past month alone, Laoban launched its dumpling line in thousands of Walmart and Kroger stores. The company also increased the distribution of its new Bao Bun, now available at Sprouts nationwide. Beginning next month, one Bao Bun flavor will also be available at over 200 Target locations across the country. Laoban will also release another exclusive product...