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File photo of a Conagra production facility at Oakdale, Calif., about 150 km east of San Francisco, on Dec, 18, 2015. (Photo: Reuters/Fred Greaves)

Conagra flags price increases to cushion inflation impact

Prepared foods firm raises sales forecast

Reuters — Conagra Brands said on Thursday it would increase prices again on its frozen meals and snacks to help cushion the blow of higher inflation, after the diversified food maker raised its annual sales forecast and topped quarterly results. Packaged food companies are grappling with inflation as the U.S. economy rebounds, while spending heavily […] Read more