Company: CAG
Filing Date: 2025-07-10
Form Type: 10-K
Source: 0001558370-25-009180
Chunk: 33

Company: CONAGRA BRANDS INC.
Filing Date: 2025-07-10
Form: 10-K
Item: Item 8F
Chunk 33
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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

Conagra Brands, Inc. and Subsidiaries

Consolidated Statements of Earnings

(in millions, except per share amounts)

​​​​​​​​​​​​For the Fiscal Years Ended May​    ​2025    ​2024    ​2023Net sales​$  11,612.8​$  12,050.9​$  12,277.0Cost of goods sold​​  8,609.3​​  8,717.5​​  9,012.2Gross profit​$  3,003.5​$  3,333.4​$  3,264.8Selling, general and administrative expenses​​  1,537.3​​  1,487.5​​  1,431.9Goodwill impairment charges​​  —​​  526.5​​  141.7Other intangible asset impairment charges​​  72.1​​  430.2​​  589.2Loss on divestitures​​  29.5​​  36.4​​  26.7Operating profit​$  1,364.6​$  852.8​$  1,075.3Pension and postretirement non-service income​​  25.9​​  10.3​​  24.2Interest expense, net​​  416.7​​  430.5​​  409.6Equity method investment earnings​​  182.4​​  177.6​​  212.0Income before income taxes​$  1,156.2​$  610.2​$  901.9Income tax expense​​  3.7​​  262.5​​  218.7Net income​$  1,152.5​$  347.7​$  683.2Less: Net income (loss) attributable to noncontrolling interests​​  0.1​​  0.5​​  (0.4)Net income attributable to Conagra Brands, Inc.​$  1,152.4​$  347.2​$  683.6Earnings per share — basic​​​​​​​​​Net income attributable to Conagra Brands, Inc. common