“NEW YORK (MarketWatch) — ConAgra Foods Inc. CAG +0.04% said Thursday its first-quarter profit nearly tripled to $250.1 million, or 61 cents a share, from $93.8 million, or 23 cents a share, in the year-ago period. Adjusted profit rose to 44 cents a share from 31 cents a share. Sales increased by 6.7% to $3.31 billion. Wall Street analysts expected the food producer to earn 35 cents a share on sales of $3.24 billion, according to a survey by FactSet. ConAgra raised its adjusted fiscal 2013 profit outlook to $2.03 to $2.06 a share, ahead of the analyst forecast of $1.98 a share. ConAgra hiked its quarterly dividend by a penny a share to 25 cents a share.”
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