SOURCE: Industrial Info Resources

Industrial Info Resources

March 25, 2011 07:20 ET

ConAgra Sees Sales Boost in Third-Quarter 2011, but Costs Weigh on Gains, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - March 25, 2011) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading North American food company ConAgra Foods Incorporated (NYSE:CAG) (Omaha, Nebraska) saw improved sales in fiscal third-quarter 2011 as strong performances by consumer brands and higher pricing in the Commercial Foods segment alleviated some, but not all, of the effects of inflationary pressures on costs. Net income for the quarter was reported to be $214.8 million, a 6.45% decrease from third-quarter 2010.

Industrial Info is tracking 12 active ConAgra projects in the U.S. that are worth at total of more than $245 million, including the $40 million expansion of a grain elevator in Kalama, Washington. For more information, visit Industrial Info's North American Food & Beverage Project Database.

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