Packaged Foods

“Disruptions to our supply chain, including disruptions to our third-party manufacturing or transportation and distribution capabilities, due to labor shortages, increased labor costs, weather, including any potential effects of climate change, natural disaster, fire or explosion, terrorism, strikes, government action, geopolitical turmoil, pandemics, or other reasons beyond our control or the control of our suppliers and business partners, could impair our ability to manufacture or sell our products.”

CAG 10-K · 2026-07-15

“Discount rates, long-term growth rates, and royalty rates used to estimate the fair value of our domestic retail brands with 10% or less excess fair value over carrying amount as of the fiscal 2026 annual impairment test were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Discount Rate ​ ​ Long-Term Growth Rate ​ Royalty Rate ​ ​ Carrying Amount ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ (in millions) ​ ​ ​ ​ Minimum ​ ​ ​ ​ Maximum ​ ​ ​ ​ Minimum ​ ​ ​ ​ Maximum ​ ​ ​ Minimum ​ ​ ​ Maximum Brands (<10% cushion) ​ $ 902.1 ​ ​ 11.50% ​ ​ 13.50% ​ ​ 0.0% ​ ​ 2.0% ​ 1.0% ​ 11.0% ​ Assumptions used in impairment testing are made at a point in time and require significant judgment; therefore, they are subject to change based upon the facts and circumstances present at each annual impairment test date.”

CAG 10-K · 2026-07-15

“Initiatives designed to achieve our efficiency goals may take a year or more to complete and result in various restructuring charges as a result of accelerated depreciation, asset write-offs, and exit costs including severance, lease and other contract termination charges, and disposal costs.”

CAG 10-K · 2026-07-15