Friday, September 23, 2005

ConAgra earnings more than doubled

ConAgra's first quarter earnings more than doubled, according to a company news release. The company, which has a plant in Carthage, reported net income of $352.1 million or 68 cents per share, in the three months ending Aug. 28, up from $134.7 million, or 26 cents per share a year ago.
Company officials attributed the gains to selling its shares in Pilgrim's Pride Corp., and improvements in performance in several areas.

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