Dec 19 (Reuters) - Conagra Brands ( CAG ) on Thursday

posted a smaller-than-expected drop in quarterly sales, as price

cuts across its groceries, snacks and frozen meal kits

categories helped it recover lapsed demand over the last few

years.

The packaged food giant posted net sales of $3.20 billion

for the second quarter ended Nov. 24, compared with analysts'

average estimate of $3.15 billion, according to data compiled by

LSEG.