Conagra Manufacturers Inc.
CAG,
+0.14%
mentioned Wednesday it has begun a whole overview of its Mrs. Butterworth’s model and packaging. “We stand in solidarity with our Black and Brown communities and we are able to see that our packaging may be interpreted in a means that’s wholly inconsistent with our values,” the corporate mentioned in a press release. Conagra is a branded meals firm which different manufacturers embrace Birds Eye, Wholesome Selection and Reddi-whip. The assertion on the Mrs. Butterworth’s model comes after PepsiCo Inc.’s
PEP,
+0.06%
Quaker Oats mentioned it might take away Aunt Jemima from its packaging for syrup and pancake combine, and after Mars mentioned it was contemplating adjustments to its Uncle Ben’s model. Conagra’s stock rose 0.2% in afternoon buying and selling, whereas the S&P 500
SPX,
-0.36%
rose 0.3%.
