ConAgra Foods Inc (CAG)
Gross profit margin
| May 31, 2025 | May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 3,003,500 | 3,333,400 | -652,300 | 3,264,800 | -152,800 |
| Revenue | US$ in thousands | 11,612,800 | 12,050,900 | 11,624,600 | 12,277,000 | 11,852,600 |
| Gross profit margin | 25.86% | 27.66% | -5.61% | 26.59% | -1.29% |
May 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $3,003,500K ÷ $11,612,800K
= 25.86%
The provided data on ConAgra Foods Inc's gross profit margin reveals significant fluctuations over the specified periods.
In late May 2023, there is a notable negative gross profit margin of -1.29%, indicating that the cost of goods sold exceeded revenue during this period, which is atypical and may suggest inventory write-downs, cost overruns, or reporting anomalies. Shortly thereafter, by the end of May 2023, the gross profit margin improved substantially to 26.59%, reflecting a more typical profit-generating operation where revenue surpasses the cost of goods sold.
Looking ahead to May 2024, the gross profit margin shows a decline to -5.61%, again indicating a period where costs outstripped revenues, potentially due to extraordinary expenses or operational challenges. However, towards the end of May 2024, the margin recovers to 27.66%, suggesting an improvement in cost control or pricing strategies that favorably impacted profitability.
By May 2025, the gross profit margin stabilizes at 25.86%, maintaining a healthy level indicative of stable revenue relative to the cost of goods sold. This figure suggests that ConAgra Foods Inc successfully maintained its core profitability in the most recent period, although the historical internal volatility points to possible ongoing operational or external market factors influencing margins.
Overall, the trend indicates that ConAgra Foods Inc experienced periods of negative gross profit margins interspersed with substantial recoveries, reflecting possible volatility in cost management, pricing strategies, or external market conditions impacting gross profitability.
Peer comparison
May 31, 2025