Conagra Brands, Inc. (CAG) Q2 2026 Earnings Call Transcript
Summarize this article with:
SA Transcripts157.42K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Conagra Brands, Inc. (CAG) Q2 2026 Earnings Call December 19, 2025 9:30 AM EST Company Participants Matthew Neisius - Senior Director of Investor RelationsSean Connolly - President, CEO & Director David Marberger - Executive VP & CFO Conference Call Participants Andrew Lazar - Barclays Bank PLC, Research DivisionThomas Palmer - JPMorgan Chase & Co, Research DivisionDavid Palmer - Evercore ISI Institutional Equities, Research DivisionPeter Galbo - BofA Securities, Research DivisionMax Andrew Gumport - BNP Paribas, Research DivisionRobert Moskow - TD Cowen, Research DivisionAlexia Howard - Sanford C. Bernstein & Co., LLC., Research DivisionLeah Jordan - Goldman Sachs Group, Inc., Research DivisionMegan Christine Alexander - Morgan Stanley, Research DivisionChristopher Carey - Wells Fargo Securities, LLC, Research DivisionScott Marks - Jefferies LLC, Research Division Presentation Operator Good day, and welcome to the Conagra Brands Second Quarter Fiscal Year 2026 Earnings Q&A Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Matt Neisius. Please go ahead. Matthew NeisiusSenior Director of Investor Relations 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 Q&A session. Please see our earnings release, prepared remarks, presentation materials and filings with the SEC in the Investor Relations section of our website for 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 Our first question is from Andrew Lazar with Barclays. Andrew LazarBarclays Bank PLC, Research Division Happy holidays, everybody. Sean, maybe to start off, you've mentioned in the prepared remarks that you're seeing some of the delayed shipments materialize