
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