Conagra Brands Inc (NYSE:CAG) shares gained over 3% in pre-market to US$39.35 each.
It comes as the group inks a deal to acquire the Sandwich Bros of Wisconsin for an undisclosed amount.
We announced our FY18 Q2 earnings results and agreement to acquire @SandwichBrosWI, maker of frozen flatbread pocket sandwiches. Learn more about the growth in our operating segments: https://t.co/5EfU6vM4oq $CAG pic.twitter.com/9hR7w5WVCj— Conagra Brands (@ConagraBrands) 21 December 2017
In its second quarter, net sales grew 4.1% and organic net sales grew 2.3% in the three months with growth in each operating segment.
For the full fiscal 2018, Conagra now expects organic net sales and adjusted EPS to be near the high end of their respective guidance ranges.
Elsewhere, in pre market Allergan plc (NYSE:AGN) is in focus with shares up a tad - 0.05% - as it reported that the FDA (Food & Drug Administration) had accepted a NDA (new drug application) for Seysara for the treatment of moderate to severe acne.
Accenture Plc (NYSE:ACN) shares gained almost 2% to US$154.75 as the group reported a better-than-expected quarterly profit, as the outsourcing services provider gained from its push into digital and cloud services.
The tech group forecasts current-quarter revenue to come in between US$9.15bn and US$9.40bn, the low end of which was in line with analysts' forecasts.
Nike Inc (NYSE:NKE) shares added 0.55% to US$63.94 each as analysts expect the sports shoe and clothing giant to post quarterly earnings at $0.4 per share on revenue of $8.39 billion after the closing bell.