BUZZ-Conagra Brands down after maintaining annual forecast** Shares of packaged food company Conagra Brands CAG.N down 2% at $17.36
** Co maintains forecast as pressured consumer spending and stiff competition weigh on demand
** CAG incurred impairment charge of $968 million in Q2
** Posts Q2 revenue decline of 6.8% to $2.98 billion, in line with analysts' average estimate- data compiled by LSEG
** As of last close, stock down ~36% YTD
(Reporting by Koyena Das in Bengaluru)
((Koyena.das@thomsonreuters.com))
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