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Conagra Brands continuing to raise prices
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CHICAGO – Conagra Brands, Inc. projected gross inflation during fiscal 2022 would be approximately 11%. The company now is predicting it will be closer to 14% for the fiscal year and is taking steps to mitigate the impact. The steps include incremental pricing actions, including list price increases, and modified merchandising plans. “Many of these actions have already been announced to our customers,” said Sean Connolly, president and chief executive officer, during a Jan.
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