08:08 AM EDT, 07/11/2024 (MT Newswires) -- Conagra Brands ( CAG ) reported fiscal Q4 adjusted earnings Thursday of $0.61 per diluted share, down from $0.62 a year earlier.

Analysts polled by Capital IQ expected $0.57.

Net sales for the quarter ended May 26 were $2.91 billion, compared with $2.97 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.93 billion.

For fiscal 2025, the company expects adjusted earnings of $2.60 to $2.65 and organic net sales growth to range from a 1.5% decline to flat. Analysts surveyed by Capital IQ expect earnings of $2.69.

The company maintained a quarterly dividend at $0.35 per share to be paid Aug. 29 to stockholders of record Aug. 1.

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