Conagra Brands (CAG) said Monday that it now expects fiscal 2025 adjusted earnings per share of about $2.35, down from its previous guidance of $2.45 to $2.50.

Analysts polled by FactSet expect $3.47.

The company also lowered its organic net sales growth forecast for the year to about a 2% decline, compared with the previous forecast of flat to a 1.5% decline.

Conagra Brands said supply constraints led to customer service interruptions in fiscal Q3 and flagged further headwinds to adjusted earnings per share from foreign exchange rates.