康尼格拉 2025年季度报告

Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject tosuch filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerginggrowth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐Emerging growthcompany☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ Number of shares outstanding of issuer’s common stock as of August 24, 2025was478,351,641. Table of Contents PART I. FINANCIAL INFORMATION1Item1Financial Statements1Unaudited Condensed Consolidated Statements of Earnings for the Thirteen Weeks Ended August24, 2025 and August 25, 20241Unaudited Condensed Consolidated Statements of Comprehensive Income for the Thirteen WeeksEnded August 24, 2025 and August 25, 20242Unaudited Condensed Consolidated Balance Sheets as of August 24, 2025 and May 25, 20253Unaudited Condensed Consolidated Statements of Cash Flows for the Thirteen Weeks EndedAugust 24, 2025 and August 25, 20244Notes to Unaudited Condensed Consolidated Financial Statements5Item2Management’s Discussion and Analysis of Financial Condition and Results of Operations19Item3Quantitative and Qualitative Disclosures About Market Risk25Item4Controls and Procedures26PART II. OTHER INFORMATION27Item1Legal Proceedings27Item 1ARisk Factors27Item 2Unregistered Sales of Equity Securities and Use of Proceeds27Item 5Other Information27Item6Exhibits27Signatures29 PART I—FINANCIAL INFORMATIONITEM1. FINANCIAL STATEMENTSConagra Brands, Inc. and SubsidiariesCondensed Consolidated Statements of Earnings(in millions except per share amounts)(unaudited) Thirteen Weeks EndedAugust 24, 2025August 25, 2024Net sales$2,632.6$2,794.9Cost of goods sold1,992.02,055.6Gross profit$640.6$739.3Selling, general and administrative expenses335.6335.4Loss (gain) on divestitures(42.4)2.3Operating profit$347.4$401.6Pension and postretirement non-service income6.13.1Interest expense, net93.8105.8Equity method investment earnings29.429.1Income before income taxes289.1328.0Income tax expense (benefit)124.6(138.9)Net income$164.5$466.9Less: Net income attributable to noncontrolling interests—0.1Net income attributable to Conagra Brands, Inc.$164.5$466.8Earnings per share — basicNet income attributable to Conagra Brands, Inc. common stockholders$0.34$0.97Earnings per share — dilutedNet income attributable to Conagra Brands, Inc. common stockholders$0.34$0.97 Conagra Brands, Inc. and SubsidiariesCondensed Consolidated Statements of Comprehensive Income(in millions)(unaudited) Conagra Brands, Inc. and SubsidiariesCondensed Consolidated Balance Sheets(in millions except share data)(unaudited) Conagra Brands, Inc. and SubsidiariesCondensed Consolidated Statements of Cash Flows(in millions)(unaudited) Conagra Brands, Inc. and SubsidiariesNotes to Unaudited Condensed Consolidated Financial Statements(columnar dollars in millions except per share amounts) 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying Condensed Consolidated Financial Statements of Conagra Brands, Inc. (the “Company”,“Conagra Brands”, “we”, “us”, or “our”) have been prepared in accordance with U.S. generally accepted accountingprinciples (“U.S. GAAP”) for interim financial information and with the rules and regulations for reporting on Form10-Q. Accordingly, they do not include certain information and disclosures required for comprehensive financialstatements. The unaudited financial information reflects all adjustments, which are, in the opinion of management,necessary for a fair presentation of the results of operations, financial position, and cash flows for the periodspresented. Certain costs previously classified as selling, general and administrative (“SG&A”) expenses have beenreclassified to loss (gain) on divestitures in our C