Conagra Brands reported a 6.3% decline in net sales to $2.84 billion for its fiscal third quarter, missing analysts' expectations by $59 million. The diluted earnings per share (EPS) fell 53.1% to $0.30, while the adjusted EPS decreased by 26.1% to $0.51. The company's operating margin was 8.4%, reflecting a 712 basis point decline. These results were attributed to ongoing supply chain disruptions, which have impacted the company's performance. In contrast, MSC Industrial Direct reported net sales of $891.7 million, a 4.7% decrease year-over-year. The diluted EPS was $0.70, down from $1.10 in the same quarter last year, while adjusted diluted EPS was $0.72, compared to $1.18 previously. MSC's operating income was reported at $62.2 million.