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CONAGRA FOODS INC /DE/ FILES (8-K) Disclosing Results of Operations and Financial Condition, Financial Statements and Exhibits

June 26, 2014

Item 2.02. Results of Operations and Financial Condition.

On June 26, 2014, ConAgra Foods, Inc. (the "Company") issued a press release and posted a question and answer document ("Q&A") on its website containing information on the Company's fourth quarter fiscal 2014 financial results. The press release and Q&A are furnished with this Form 8-K as Exhibits 99.1 and 99.2, respectively.

The press release and Q&A include the non-GAAP financial measures of diluted earnings per share adjusted for items impacting comparability and adjusted operating profit for each of the Consumer Foods, Commercial Foods and Private Brands segments. Management considers GAAP financial measures as well as such non-GAAP financial information in its evaluation of the Company's financial statements and believes these non-GAAP measures provide useful supplemental information to assess the Company's operating performance and financial position. To the extent required, these measures are reconciled in the press release and Q&A to the most directly comparable measures as reported in accordance with GAAP, and should be viewed in addition to, and not in lieu of, the Company's diluted earnings per share, operating performance and financial measures as calculated in accordance with GAAP. The inability to predict the amount and timing of future items makes a detailed reconciliation of projections of diluted EPS and effective tax rate adjusted for items impacting comparability, impracticable.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits Exhibit 99.1 Press Release issued June 26, 2014 Exhibit 99.2 Questions and Answers


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Source: Edgar Glimpses

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