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ConAgra 3Q Profit Up 26%
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FBN's Cheryl Casone breaks down ConAgra's stock performance.
- Duration 0:29
- Date Mar 22, 2012
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FBN's Cheryl Casone breaks down ConAgra's stock performance.
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-- We're watching shares of ConAgra for your right now the -- company's third quarter profit up 26%.
On higher prices stock is down thirty cents right now the company stood by its full year target.
Citing difficult business conditions ConAgra has been trying to pass on some higher raw material costs.
Raising prices on many of its products like check where deep cost and Hebrew national hot dogs.
Which in turn has hurt their sales volume shares up 50% -- over the past year.