Conagra Brands is pivoting from chasing volume to boosting profits, reversing years of margin erosion by cutting costs, adjusting prices, and investing $125 million in supply chain resilience and in-house production. Responding to investor and customer feedback, the company is simplifying operations, targeting over 4% productivity savings, and accepting short-term volume declines to build a leaner, more profitable future — all while using a recent dividend cut to reduce debt and strengthen its financial foundation.

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