Key Points
Conagra halted Celeste pizza production on September 30 after 64 years.
CEO cited low profitability and focus on higher-growth brands.
Existing inventory will remain in stores until supplies run out.
Brand originated in 1962 from a Chicago restaurant founded by Mama Celeste Lizio.
Conagra Brands has ended production of Celeste frozen pizza, the budget-friendly brand that defined freezer aisles for millions of American families since 1962. CEO John Brase announced the decision during the company’s September 30 earnings call, citing the brand’s status as a small, low-profit product. Existing inventory will continue to sell in stores, but no new pizzas will be made.
Why Conagra killed the brand
Conagra CEO John Brase stated during the earnings call: “There are certain brands and categories where we simply just don’t see a future. It just makes sense to exit those small, really unprofitable brands or low-profit brands as soon as possible.” The decision reflects new leadership’s strategy to streamline the company’s vast portfolio and focus on products with stronger growth potential. Conagra expects the move to be accretive to margins going forward, even though it will initially reduce net sales.
The brand’s 64-year history
Celeste Lizio and her husband Anthony opened Kedzie Beer Garden in Chicago in 1937, serving fresh pasta and Italian food. In 1962, they shifted to producing frozen pizzas and Italian foods for restaurants, launching the Celeste brand under the “Mama Celeste” name. Quaker Oats acquired the brand in 1969 and expanded distribution nationwide. Mama Celeste remained the brand’s spokesperson, her face becoming one of the most recognizable on frozen food boxes.
Can you still buy it now
A Conagra spokesperson confirmed that retailers can continue selling existing inventory, meaning Celeste pizzas may remain in stores for several months. The company stopped producing new stock but has not set a hard deadline for when existing supplies will run out. Consumers hoping to purchase one last box are advised to check local grocery store freezer aisles soon.
Why fans are mourning the loss
Celeste became a cultural touchstone for generations who grew up eating the personal-size pizzas as after-school snacks or late-night meals. Online, fans shared memories tied to grandparents, cheap family dinners, and the brand’s ubiquity in 1970s and 1980s freezers. Some noted the brand’s quality had declined over time due to recipe changes and microwave-focused packaging, but nostalgia outweighed criticism for many who viewed it as a piece of childhood.
Final Thoughts
Celeste’s discontinuation marks the end of a 64-year frozen pizza era. While existing stock will linger in stores, no new production means the brand will eventually vanish from shelves entirely. For investors, Conagra’s move signals management’s willingness to shed low-margin legacy products to improve profitability.
FAQs
Conagra CEO John Brase announced the discontinuation on September 30, 2026, during the company’s first-quarter 2027 earnings call.
Yes, existing inventory will continue to sell at retailers nationwide, but no new pizzas are being produced. Supplies will eventually run out.
CEO John Brase said the brand was a small, low-profit product with no future growth potential. Conagra is exiting unprofitable brands to streamline its portfolio.
Celeste Lizio and her husband Anthony opened a Chicago restaurant in 1937, then shifted to frozen pizza production in 1962 under the Celeste brand name.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
About Author

Huzaifa Zahoor
Co FounderHuzaifa Zahoor is the engineer who built Meyka. He has spent years writing Python, training AI models, and building data pipelines specifically for financial markets. His technical articles have reached over 30,000 readers on Medium, so he knows how to make complex things easy to follow. If this article touches on how the tools work, he is the person who actually built them.
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