Achieve a leverage target of 3.5x to 3.6x
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 30 Jun 2020
- Due
- 31 May 2021
- Delivered
- by 31 May 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“remains committed to achieving its leverage target of 3.5x to 3.6x by the end of fiscal 2021.”
What we found
Evidence strength A What the grades mean
Conagra Brands confirmed in its fiscal 2021 year-end reporting that it successfully achieved its leverage target of 3.5x to 3.6x, ending the fiscal year at 3.6x.
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A Conagra Brands 8-K filed 2021-07-13
“The Company achieved its leverage target of 3.5x to 3.6x and ended the year at 3.6x.” ✓ confirmed on the page
Market reaction: the shares moved -2.9% against the S&P 500 over the three sessions around the disclosure (12 Jul 2021 to 15 Jul 2021). What this measures
Checked 19 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Other
- Indicative materiality
- Low rules
- Action
- Achieve
- Deliverable
- leverage target
- Target
- 3.6 x
- Language
- Firm (“will”, “on track to”)
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-CAG-017093 · Corrections policy