Conagra Brands CEO: Demand has been resilient and sales are strong

In an interview on CNBC’s Mad Money, Sean Connolly said two thirds of the company’s sales come from the frozen and snacks business. "Innovation is the backbone to everything we’re doing successfully," he noted. Prices are higher versus two years ago, but are still a relative value compared to dining out, he added. "We are in an inflation super cycle and the inflation issue isn’t going to fix itself overnight," he said.