Conagra (NYSE: CAG) is a large consumer-staples company with a portfolio of well-known food brands. Selling branded food products is usually a pretty stable business, but lately consumers have changed the way they're spending.

Conagra is watching the trends, preparing for a return to normal consumer behavior. It's starting to see some silver linings on the dark clouds it's been facing.

The financial world tends to rhyme more than it exactly repeats. So each new event has to be couched in history, but you simply can't go in expecting the same thing to happen on a one-for-one basis. This is exactly what Conagra has been describing as it looks at the current round of inflation-induced price increases that have ripped through the consumer-staples sector.

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Source Fool.com