Conagra Brands, Inc. (CAG) Q4 2026 Earnings Call Transcript

Conagra Brands, Inc. (CAG) Q4 2026 Earnings Call July 15, 2026 9:30 AM EDTCompany ParticipantsMatthew Neisius - Senior Director of Investor RelationsJohn...

Company Participants Matthew Neisius - Senior Director of Investor Relations John Brase - CEO, President & Director Conference Call Participants Andrew Lazar - Barclays Bank PLC, Research Division Peter Galbo - BofA Securities, Research Division David Palmer - Evercore ISI Institutional Equities, Research Division Robert Moskow - TD Cowen, Research Division Leah Jordan - Goldman Sachs Group, Inc., Research Division Nik Modi - RBC Capital Markets, Research Division Peter Grom - UBS Investment Bank, Research Division Alexia Howard - Bernstein Institutional Services LLC, Research Division Max Andrew Gumport - BNP Paribas, Research Division Christopher Carey - Wells Fargo Securities, LLC, Research Division Matthew Smith - Stifel, Nicolaus & Company, Incorporated, Research Division Scott Marks - Jefferies LLC, Research Division Stephen Robert Powers - Deutsche Bank AG, Research Division Priya Ohri-Gupta - Barclays Bank PLC, Research Division Brian Callen - BofA Securities, Research Division Presentation Operator Good morning, and welcome to the Conagra Brands Fourth Quarter Fiscal 2026 Earnings Q&A Call.

[Operator Instructions] Please also note, today's 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 Senior Director of Investor Relations Good morning, everyone, and thank you for joining us. This morning, I'm joined by John Brase, our CEO. Due to unforeseen circumstances, Dave is unable to join us this morning, but sends his regrets.

So John and I will be taking your questions. We may be making some forward-looking statements in 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