ConAgra Foods, Inc. (NYSE:CAG) has released the financial results for the second quarter ended November 29, 2009. The company reported diluted EPS form continuing operations at $0.55, versus $0.38 reported the previous year. The company’s current quarter results include $0.03 per diluted share of net benefit.
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The company held a conference call at 9:30 am ET December 21 to review the financial results. Interested parties may listen to a webcast of the presentation online at http://investor.conagrafoods.com/. To listen to an audio replay of the call, dial 1.888.203.1112, or 1.719.457.0820 for international listeners and enter the pass code 9314857.
ConAgra Foods, Inc. (ConAgra Foods) is food company supplying potato, other vegetable, spice and grain products to a variety of restaurants, foodservice operators and commercial customers. The Company operates in two segments: Consumer Foods and Commercial Foods. The Consumer Foods segment includes branded and private label food products, which are sold in various retail and foodservice channels, principally in North America. The Commercial Foods segment includes commercially branded foods and ingredients. On August 1, 2008, ConAgra Foods acquired Saroni Sugar & Rice, Inc., a distribution company. On September 22, 2008, it acquired a 49.99% interest in Lamb Weston BSW, LLC (Lamb Weston BSW). In June 2009, the Company completed the divestiture of the Fernando’s foodservice brand.
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