B&G Foods Cuts View on Q3 Earnings Miss, Soft Consumption Trends [Yahoo! Finance]
B&G Foods, Inc. B&G Foods, Inc. (BGS)
Last b&g foods, inc. b&g foods, inc. earnings: 2/25 04:05 pm
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Source: Yahoo! Finance
Sales were impacted by the divestiture of the Green Giant U.S. shelf-stable product line (divested on Nov. 8, 2023), lower unit volumes and consumer purchasing patterns, influenced by high food inflation. However, the Spices and Flavor Solutions business showed positive trends, representing an offset to the overall sales decline. B&G Foods remains committed to reshaping and optimizing its portfolio to enhance focus, improve margins and cash flow, and maximize long-term value creation. B&G Foods posted adjusted earnings of 13 cents per share, which missed the Zacks Consensus Estimate of 20 cents. Also, the bottom line slumped 52% from 27 cents in the prior-year quarter. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. B&G Foods, Inc. price-consensus-eps-surprise-chart | B&G Foods, Inc. Quote Net sales of $461.1 million declined 8.3% year over year due to the divestiture of the Green Giant U.S. shelf-stable product line, a decline in unit volumes and th
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News
- Are Investors Undervaluing B&G Foods, Inc. (NYSE:BGS) By 26%? [Yahoo! Finance]Yahoo! Finance
- BGS Stock Sinks 23% in 3 Months: Should You Buy, Hold or Fold? [Yahoo! Finance]Yahoo! Finance
- Ortega® Taps Schafer Condon Carter as New Agency of Record [Yahoo! Finance]Yahoo! Finance
- Ortega® Taps Schafer Condon Carter as New Agency of RecordPR Newswire
- Q3 Earnings Roundup: B&G Foods (NYSE:BGS) And The Rest Of The Shelf-Stable Food Segment [Yahoo! Finance]Yahoo! Finance
BGS
Earnings
- 11/5/24 - Miss
BGS
Sec Filings
- 11/18/24 - Form 4
- 11/13/24 - Form 4
- 11/8/24 - Form 4
- BGS's page on the SEC website