Tuesday, June 07, 2005

ConAgra earnings dip

Earnings for ConAgra's fiscal 2005 fourth quarter were lower than expected, according to a filing with the Securities and Exchange Commission.
ConAgra, which has a plant in Carthage, blamed the poor showing on low profits in its packaged meat operations, saying that was due to "high protein input costs coupled with inadequate pricing management."
Company officials, naturally, said they expect things to get better.

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