Why did CAG's EPS outperform in Q2 2025?

Conagra Brands' EPS outperformed in Q2 2025 due to strategic initiatives and cost control measures, despite challenges from supply chain disruptions and inflationary pressures.

1. **Strategic Initiatives**: Conagra Brands has been focusing on strategic initiatives to enhance its financial position and operational efficiency. These initiatives likely included cost-saving measures and improvements in productivity, which contributed to better profitability and, consequently, a higher EPS.
2. **Cost Control Measures**: The company has been proactive in managing costs, especially in light of inflationary pressures and input cost inflation. Effective cost control measures can lead to improved profit margins, which in turn can result in a higher EPS.
3. **Market Conditions**: Despite the challenges posed by supply chain disruptions and a tough consumer environment, Conagra Brands managed to post a 3.8% increase in snacking volumes during the quarter. This indicates that the company was able to navigate the challenging market conditions more effectively than expected, potentially leading to a higher EPS.

Overall, Conagra Brands' EPS outperformance in Q2 2025 can be attributed to a combination of strategic initiatives, cost control measures, and effective management of market conditions.