Conagra brands updates fiscal 2020 outlook remains committed to long-term targets

Conagra brands updates fiscal 2020 outlook; remains committed to long-term targets.sees fy 2020 adjusted earnings per share $2.00 to $2.07 from continuing operations.expects fiscal 2020 organic net sales growth to be flat to 0.5%.reaffirming commitment to achieving our fiscal 2021 deleveraging and delivering on long-term fiscal 2022 targets.conagra brands - revising its fiscal 2020 outlook as a result of softer than expected category performance during co's fiscal q3.expect a resumption of year-over-year organic net sales growth in our fourth fiscal quarter.sees fy22 target of adjusted diluted eps from continuing. operations. $2.66 to $2.76.sees 2020 free cash flow of about $950 million.sees 2020 reported net sales growth of positive 10.0% to positive 10.5%.fy earnings per share view $2.11, revenue view $10.71 billion -- refinitiv ibes data.
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