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Conagra Brands, Inc. is celebrating the summer with the debut of more than two dozen new products. More people are cooking and eating at home due to the COVID-19 pandemic, and Birds Eye®, Marie Callender's®, Healthy Choice® and Snack Pack® are among the brands bringing new items to market to satisfy evolving consumer needs. The new items from Conagra Brands will be hitting store shelves this summer.
Conagra Brands will present innovative snack solutions and improved display vehicles for convenience stores driven by the preferences of modern consumers.
With annual net sales in excess of $3 billion, Pinnacle Foods' portfolio of frozen, refrigerated and shelf-stable products includes such well-known brands as Birds Eye, Duncan Hines, Earth Balance, EVOL, Erin's, Gardein, Glutino, Hawaiian Kettle Style Potato Chips, Hungry-Man, Log Cabin, Tim's Cascade Snacks, Udi's, Vlasic and Wish-Bone, among others. Based on both companies' latest fiscal year results, pro forma net sales would have been approximately $11 billion.
Conagra Brands, Inc. announced Barry Calpino has joined the company as vice president of innovation. Calpino will report to chief growth officer, Darren Serrao.
Conagra Brands, Inc., formerly known as ConAgra Foods, Inc., has completed the previously announced separation of its Lamb Weston business. The company’s name change has also become effective.
Immediately following the transaction, which is expected to be completed in the fall of 2016, ConAgra Foods shareholders will own shares of both independent companies. The transaction is expected to be structured as a spin-off of the Lamb Weston business, tax-free to the Company and its shareholders.