After softening in the first quarter, Ardent Mills earnings rebounded in the second. Conagra said higher earnings were generated at Ardent Mills despite weaker volumes.

The three pillars considered were customer trust, investor trust and employee trust. Del Monte Foods landed the No. 46 spot on the list.

The co-developed offerings combine the flavor notes of spicy cayenne pepper flavors from Frank’s with garlic dill from Vlasic.

David S. Marberger, executive vice president and chief financial officer of Conagra Brands, Inc., had high praise for Ardent Mills, Inc., the flour milling joint venture Conagra owns with Cargill and CHS.

It appears that resiliency has been weakening as 2023 has progressed.

The global market for sauces and condiments is on track to increase from $172.8 billion in 2021 to $240.7 billion by 2028, according to a recent Research and Markets report.

Earnings remained strong in the third quarter of fiscal 2023 at Ardent Mills, though growth in profits slowed from a year earlier.

Improving profit margins are allowing executives of Conagra Brands, Inc. to reignite product innovation efforts.

The company’s efforts toward environmental and social change were highlighted in its 2022 Citizenship Report released earlier this month.

The company’s gross margin rose 310 basis points to 28.2% during the quarter and management is guiding healthy gross margins in the quarters ahead.