ConAgra Foods Reaffirms Fiscal 2010 EPS Guidance and Long-Term EPS Growth Expectations

February 16, 2010
Today ConAgra Foods, Inc., (NYSE: CAG) will update the Consumer Analyst Group of New York (CAGNY) on the company's progress and outlook at the CAGNY annual conference in Boca Raton, Fla. ConAgra Foods CEO Gary Rodkin, Consumer Foods President André Hawaux, and Executive Vice President and Chief Financial Officer John Gehring will discuss key strategic priorities and share the company's current financial outlook.

"We are excited about the momentum under way at ConAgra Foods,"Rodkin said. "We made great progress over the last four years building the foundation for sustainable, profitable growth. ConAgra Foods has significant ongoing potential, based on the improvements we have made in our supply chain, sales execution, marketing, and innovation capabilities. The share repurchase program being announced today demonstrates our confidence in our ability to generate strong amounts of cash and to continue successfully executing our initiatives. This is truly an exciting time for ConAgra Foods."

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