Slight volume weakness cited by Conagra.

Investments in frozen foods pull down income in the third quarter.
 

Conagra ramps up diversion of solid waste.

ATFL will continue to license ACT II popcorn brand in India.

Company plans to expand its presence in the frozen food category.
 

Consumers also seeking global flavors in frozen aisle.

Earnings multiples for the sector in early 2024 are lower than historical averages.

The exclusive agreement includes frozen, refrigerated, grocery and snack items.

Lag S&P 500 performance by 31 points.

Conagra says sales volume still ‘slightly lower.’