CONAGRA BRANDS INC. 8-K 2010
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
ConAgra Foods, Inc.
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Item 7.01 Regulation FD Disclosure.
On May 24, 2010, members of senior management of ConAgra Foods, Inc. (the "Company") will meet with members of the investment community. The Company expects to affirm its previously announced guidance of fiscal 2010 full-year diluted earnings per share from continuing operations, excluding items impacting comparability, approaching $1.73. This reflects earnings per share growth primarily driven by profit improvement for the Company's Consumer Foods segment. At its meetings with members of the investment community this week, senior management is also expected to affirm previously issued guidance of long-term annual sales growth of 3 to 4% over the long term; long-term annual earnings per share growth, excluding items impacting comparability, of 8 to 10%; and long-term return on invested capital, excluding items impacting comparability, approaching 13 to 14% over long term.
Note on Forward-looking Statements
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.