ConAgra Foods

(CAG) - Get Report

reiterated its sales and earnings outlook ahead of a presentation at an investor conference Thursday.

While the company won't discuss specifics about its fiscal first quarter of 2007, the company confirmed its previously reported earnings growth estimates of 7% to 9% and sales growth estimates of 2% to 3% between 2008 and 2009.

ConAgra's President and CEO Gary Rodkin, who will present a business update during the Prudential Back-To-School Consumer Conference, will discuss the cost-savings initiatives the company originally outlined at its analyst and investor meeting in March.

Shares of the food giant were gaining 5 cents to $23.62.