Conagra Bucks Trend, Expects to Exceed Full-Year Sales and Profit Guidance
Unlike most other businesses these days, which are pulling the guidance they may have issued just a month or two ago as a result of the coronavirus pandemic, Conagra Brands (NYSE: CAG) just announced it was anticipating exceeding its full-year sales and profit expectations.
The consumer products company said so long as its supply chain was not interrupted, the "significantly increased demand" it has experienced so far in its fiscal fourth quarter meant its results would come in higher than previously thought.
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Source Fool.com
