Company Profile For ConAgra Foods, Inc.

ConAgra Foods, Inc. (ConAgra Foods) is food company supplying potato, other vegetable, spice and grain products to a variety of restaurants, foodservice operators and commercial customers. The Company operates in two segments: Consumer Foods and Commercial Foods. The Consumer Foods segment includes branded and private label food products, which are sold in various retail and foodservice channels, principally in North America. The Commercial Foods segment includes commercially branded foods and ingredients. On August 1, 2008, ConAgra Foods acquired Saroni Sugar & Rice, Inc., a distribution company. On September 22, 2008, it acquired a 49.99% interest in Lamb Weston BSW, LLC (Lamb Weston BSW). In June 2009, the Company completed the divestiture of the Fernando’s foodservice brand.

BRIEF: For the thirteen weeks ended 30 August 2009, ConAgra Foods, Inc.'s revenues decreased 3% to $2.96B. Net income from continuing operations increased 55% to $166.9M. Revenues reflect a decrease in income from commercial foods. Net income was offset by a decrease in cost of goods sold, lower net interest expense and an increase in equity method investment earnings. The company is food company supplying potato, other vegetable, spice and grain products.