EX-99.1 3 a2066506zex-99_1.htm EXHIBIT 99.1 Prepared by MERRILL CORPORATION

Exhibit 99.1

ConAgra Foods, Inc.
Segment Sales and Operating Profits (unaudited)
Amounts in Millions
After Segment Change sales totals reflect reclassification of certain expenses from SG&A to a reduction of sales
Operating profit is before interest, goodwill amortization, general corporate expense, and income taxes.

Quarter ended August 26, 2001                  
Before Segment Change         After Segment Change        

Packaged Foods Sales

 

$

2,197

 

Packaged Foods Sales

 

$

2,934

 
Refrigerated Foods Sales   $ 3,451   Food Ingredients Sales   $ 422  
Agricultural Products Sales   $ 1,960   Meat Processing Sales   $ 2,714  
          Agricultural Products Sales   $ 1,538  

 
Total Sales   $ 7,608   Total Sales   $ 7,608  

Packaged Foods Operating Profit

 

$

265

 

Packaged Foods Operating Profit

 

$

327

 
Refrigerated Foods Operating Profit   $ 142   Food Ingredients Operating Profit   $ 46  
Agricultural Products Operating Profit   $ 121   Meat Processing Operating Profit   $ 79  
          Agricultural Products Operating Profit   $ 76  

 
Total Operating Profit   $ 528   Total Operating Profit   $ 528  

Quarter ended August 27, 2000

 

 

 

 

 

 

 

 

 

Before Segment Change

 

 

 

 

After Segment Change

 

 

 

 

Packaged Foods Sales

 

$

1,689

 

Packaged Foods Sales

 

$

2,360

 
Refrigerated Foods Sales   $ 3,429   Food Ingredients Sales   $ 407  
Agricultural Products Sales   $ 1,959   Meat Processing Sales   $ 2,742  
          Agricultural Products Sales   $ 1,553  

 
Total Sales   $ 7,077   Total Sales   $ 7,062  

Packaged Foods Operating Profit

 

$

202

 

Packaged Foods Operating Profit

 

$

263

 
Refrigerated Foods Operating Profit   $ 110   Food Ingredients Operating Profit   $ 36  
Agricultural Products Operating Profit   $ 126   Meat Processing Operating Profit   $ 49  
          Agricultural Products Operating Profit   $ 90  

 
Total Operating Profit   $ 438   Total Operating Profit   $ 438  

Quarter ended November 26, 2000

 

 

 

 

 

 

 

 

 

Before Segment Change

 

 

 

 

After Segment Change

 

 

 

 

Packaged Foods Sales

 

$

2,397

 

Packaged Foods Sales

 

$

3,102

 
Refrigerated Foods Sales   $ 3,362   Food Ingredients Sales   $ 414  
Agricultural Products Sales   $ 1,523   Meat Processing Sales   $ 2,607  
          Agricultural Products Sales   $ 1,109  

 
Total Sales   $ 7,282   Total Sales   $ 7,232  

Packaged Foods Operating Profit

 

$

382

 

Packaged Foods Operating Profit

 

$

475

 
Refrigerated Foods Operating Profit   $ 154   Food Ingredients Operating Profit   $ 54  
Agricultural Products Operating Profit   $ 123   Meat Processing Operating Profit   $ 61  
          Agricultural Products Operating Profit   $ 69  

 
Total Operating Profit   $ 659   Total Operating Profit   $ 659  

Quarter ended February 25, 2001

 

 

 

 

 

 

 

 

 

Before Segment Change

 

 

 

 

After Segment Change

 

 

 

 

Packaged Foods Sales

 

$

2,315

 

Packaged Foods Sales

 

$

2,954

 
Refrigerated Foods Sales   $ 3,164   Food Ingredients Sales   $ 428  
Agricultural Products Sales   $ 919   Meat Processing Sales   $ 2,506  
          Agricultural Products Sales   $ 491  

 
Total Sales   $ 6,398   Total Sales   $ 6,379  

Packaged Foods Operating Profit

 

$

279

 

Packaged Foods Operating Profit

 

$

346

 
Refrigerated Foods Operating Profit   $ 78   Food Ingredients Operating Profit   $ 33  
Agricultural Products Operating Profit   $ (1 ) Meat Processing Operating Profit   $ 11  
          Agricultural Products Operating Profit   $ (34 )

 
Total Operating Profit   $ 356   Total Operating Profit   $ 356  

Quarter ended May 27, 2001

 

 

 

 

 

 

 

 

 

Before Segment Change

 

 

 

 

After Segment Change

 

 

 

 

Packaged Foods Sales

 

$

2,282

 

Packaged Foods Sales

 

$

2,952

 
Refrigerated Foods Sales   $ 3,257   Food Ingredients Sales   $ 416  
Agricultural Products Sales   $ 899   Meat Processing Sales   $ 2,577  
          Agricultural Products Sales   $ 483  

 
Total Sales   $ 6,438   Total Sales   $ 6,428  

Packaged Foods Operating Profit

 

$

276

 

Packaged Foods Operating Profit

 

$

313

 
Refrigerated Foods Operating Profit   $ 96   Food Ingredients Operating Profit   $ 49  
Agricultural Products Operating Profit   $ 33   Meat Processing Operating Profit   $ 60  
          Agricultural Products Operating Profit   $ (17 )

 
Total Operating Profit   $ 405   Total Operating Profit   $ 405  

Segment Sales and Operating Profit (unaudited)
Sales totals reflect reclassification of certain expenses from SG&A to a reduction of sales
Operating profit is before interest expense, goodwill amortization, general corporate expense, and income taxes.
Amounts in Millions

 
  Fiscal Year Ended
 
  May 27,
2001

  May 28,
2000

  May 30,
1999

  May 31,
1998

  May 25,
1997

 
   
  Excluding Restructuring Plan Charges
  As Reported
  Excluding Restructuring Plan Charges
  As Reported
   
   
Packaged Foods                                          
  Net Sales   $ 11,368   $ 10,210   $ 10,210   $ 9,823   $ 9,823   $ 9,589   $ 9,456
  Operating Profit   $ 1,396   $ 1,345   $ 998   $ 1,221   $ 855   $ 1,086   $ 994

Food Ingredients

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
  Net Sales   $ 1,665   $ 1,707   $ 1,707   $ 1,742   $ 1,742   $ 1,784   $ 1,857
  Operating Profit   $ 173   $ 149   $ 90   $ 169   $ 133   $ 122   $ 82

Meat Processing

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
  Net Sales   $ 10,432   $ 10,233   $ 10,233   $ 9,402   $ 9,402   $ 9,291   $ 9,241
  Operating Profit   $ 181   $ 233   $ 103   $ 126   $ 95   $ 112   $ 248

Agricultural Products

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
  Net Sales   $ 3,636   $ 3,335   $ 3,335   $ 3,824   $ 3,824   $ 3,853   $ 3,724
  Operating Profit   $ 109   $ 133   $ 48   $ 143   $ 136   $ 237   $ 235

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
  Net Sales   $ 27,101   $ 25,485   $ 25,485   $ 24,791   $ 24,791   $ 24,517   $ 24,278
  Operating Profit   $ 1,859   $ 1,860   $ 1,239   $ 1,659   $ 1,219   $ 1,557   $ 1,559