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Conagra Brands has discontinued production of Celeste frozen pizzas, citing low profitability and lack of future growth potential. The company announced this decision during its fiscal first-quarter earnings call on September 30, noting that the move reduced net sales by about 15 basis points but is expected to improve margins moving forward. This news has sparked nostalgia among fans who recall the affordable pizza brand from their childhoods and recent memories of budget-friendly deals.
Written locally by qwen2.5:14b on 2026-10-08,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
Conagra Brands ended production of its Celeste frozen pizza brand in September 2026, according to the company's fiscal first-quarter 2027 earnings report on Sept. 30. The decision reduced net sales by about 15 basis points, but Conagra expects it to improve margins moving forward. CEO John Brase stated that the move was made because Celeste is a smaller brand where the company sees limited future potential and profitability. While current inventory will still be available in stores, no new production will occur once existing stock sells out.
Written for “Frozen Pizza” on 2026-10-08,
grounded in this article and the 0 other(s) covering the same event.
Why this leaning score
This article does not take a side on a contested political
question, so it has no leaning score. That is an
answer rather than a gap: a match report or a rescue can be warmly
or critically written without being left or right, and scoring it
anyway is how approval of a subject gets recorded as a political
position.
No political leaning scored for article 66635 · logged 2026-10-08
Conagra Brands has stopped producing Celeste frozen pizzas, prompting longtime fans to reminisce about the budget-friendly freezer staple.
asserted
Brands → stop → staple
The company disclosed the move during its fiscal first-quarter 2027 earnings remarks Sept. 30, saying the exit reduced first-quarter net sales by about 15 basis points but is expected to “be accretive to margins going forward.”
asserted
exit → disclose → margins
Conagra CEO John Brase said Celeste is an example of a smaller brand with which the company no longer sees enough of a “future” to justify continued investment.
asserted
company → say → investment
“There are certain brands and categories where we simply just don’t see a future,” Brase said.
asserted
Brase → be → future
“It just makes sense to exit those small, really unprofitable brands or low-profit brands as soon as possible.”
asserted
It → make → brands
A Conagra spokesperson confirmed to FOX Business that production of Celeste pizzas has ended, although shoppers may continue to find the products on store shelves until the remaining inventory sells out.
uncertain
inventory → confirm → shelves
“We will continue to sell inventory, but we stopped producing it.
asserted
we → continue → it
As of now, there will not be Celeste products once we sell what has been made,” the spokesperson said.
asserted
spokesperson → sell → ?
Brase said Conagra plans to look for similar opportunities as it works to cut complexity across its portfolio.
asserted
it → say → portfolio
“I think the larger opportunity, though, is what I am really calling the simplification of our core platforms,” he said.
asserted
he → think → platforms
“We have over 400 single-serve meal [stock-keeping units], and I believe there is a future where we can have a much simpler, more productive assortment.”
asserted
we → have → assortment
News of Celeste’s exit has sparked nostalgia on social media, with users sharing memories of the pizzas.
asserted
users → spark → pizzas
“RIP Mama Celeste.
asserted
Celeste → rip → ?
Those 10 for $10 deals were the pinnacle of the 90s,” one user commented on a food blogger’s Instagram post about the news.
asserted
user → comment → news
“Omg my grandma always had one of these on hand so will forever remind me of her.
asserted
grandma → remind → her
I haven’t had one in years but the nostalgia!” another user wrote.
asserted
user → have → years
“My eyes welled up reading this.
asserted
eyes → well → this
This pizza [reminds] me of my grandma,” another said.
asserted
another → remind → grandma
“This was my childhood pizza,” another commented.
asserted
another → comment → ?
Celeste traces its roots to Celeste “Mama” Lizio, who built a food business in the Chicago area before selling it to Quaker Oats in 1969, according to a 1988 Los Angeles Times obituary.
uncertain
who → trace → obituary
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