# CONAGRA BRANDS INC. (CAG) — divestiture/joint_venture [announced]
Source: SEC API (secapi.ai) · situation sit_9e001ca7efc0467472e4 · retrieved 2026-08-11T16:01:35.820Z

## Overview
Conagra Brands, Inc. is one of North America's leading branded food companies with a portfolio including Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, and Angie's Boomchickapop; fiscal 2026 net sales exceeded $11 billion.

Conagra Brands announced a reduction in its quarterly dividend to $0.175 per share (annualized rate of $0.70 per share), approved by the Board of Directors. The reduction was announced alongside fiscal 2026 results and new CEO John Brase's commentary on priorities including stabilizing margins, increasing brand investment, and enhancing financial flexibility. The company reported a net loss of $1.916 billion for fiscal 2026 (ended May 31, 2026), primarily due to $2.930 billion in goodwill and brand impairment charges triggered by a sustained decline in the company's share price and market capitalization.

## Key dates
- Announced 2026-07-15 · Record 2026-07-30

## Timeline
- 2026-07-15 · 8-K (0000023217-26-000022): 8-K - CONAGRA BRANDS INC. — *Conagra Brands, Inc. is one of North America's leading branded food companies with a portfolio including Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, and Angie's Boomchickapop; fiscal 2026 net sales exceeded $11 billion.* Conagra Brands announced a reduction in its quarterly dividend to $0.175 per share (annualized rate of $0.70 per share), approved by the Board of Directors. The reduction was announced alongside fiscal 2026 results and new CEO John Brase's commentary on priorities including stabilizing margins, increasing brand investment, and enhancing financial flexibility. The company reported a net loss of $1.916 billion for fiscal 2026 (ended May 31, 2026), primarily due to $2.930 billion in goodwill and brand impairment charges triggered by a sustained decline in the company's share price and market capitalization.
  https://www.sec.gov/Archives/edgar/data/23217/0000023217-26-000022.txt

## Citations
- 0000023217-26-000022 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000002321726000022