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Market Streak Snaps, Walmart and FedEx Messages to Investors, J&J's $8.9B Settlement 4/5/23

Squawk on the Street

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Costco's New Idea Raises Expectations

Conagra is an inexpensive stock in a market where people have decided that only General Mills works. People are focused on, if you want to get stepped back for a second, it's cheaper to be at home. The new products are doing well. Adjusting margins are very good. You've got a decent story. I think what people want to hear though is that there's no degradation when they raise price. And there is some degradation.

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