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Conagra Brands, Inc (CAG) Q4 2021 Earnings Call Transcript

Operator Good day, and welcome to the Conagra Brands fourth-quarter fiscal-year 2021 earnings conference call. [Operator instructions] Please note, this event is being recorded. I would now like to turn the conference over to Brian Kearney. Please go ahead. Brian Kearney Vice President of Investor Relations Good morning, everyone. Thanks for joining us. I ll remind you that we will be making some forward-looking statements today. While we are making those statements in good faith, we do not have any guarantee about the results we will achieve. Descriptions of the risk factors are included in the documents we filed with the SEC. Also, we will be discussing some non-GAAP financial measures. References to adjusted items, including organic net sales, refer to measures that exclude items management believes impact the comparability for the period referenced. Please see the earnings release for additional information on our comparability items.

US consumer prices surged in past year the most since 2008

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Consumer prices surge in June

Business Consumer prices surge in June WASHINGTON (AP) Prices for U.S. consumers jumped in June by the most in 13 years, evidence a swift rebound in spending has run up against widespread supply shortages that have escalated the costs of many goods and services. Jul. 13 2021 @ 11:05pm A sign displays the price for shirts as a shopper peruses the offerings at a Costco warehouse on Thursday, June 17, 2021, in Lone Tree, Colo. American consumers faced a third straight monthly surge in princes in June, the latest sign that a rapid reopening of the economy is fueling a pent-up demand for goods and services that in many cases remain in short supply. (AP Photo/David Zalubowski)

US consumer prices surge in June by the most since 2008, though some comparisons distorted by pandemic price cuts

US consumer prices surge in June by the most since 2008, though some comparisons distorted by pandemic price cuts
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Consumer prices hit the gas in June

Consumer prices hit the gas in June
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