Solid Q4 Sends B&G Foods 24% Higher Wednesday [The Motley Fool]
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: The Motley Fool
Solid Q4 Sends B&G Foods 24% Higher Wednesday After slowly declining over the past year, the stock finally responds to a solid quarter. Shares of B&G Foods ( NYSE:BGS ) , a distributor of shelf-stable and frozen foods across the U.S. (including Puerto Rico) and Canada, jumped 22% Wednesday afternoon after the company turned in a solid fourth-quarter result. Fourth-quarter revenue checked in at $470.2 million, a 2.6% increase over the prior year and ahead of analysts' estimates calling for $466 million. Adjusted earnings per share checked in at $0.28, right in line with analyst estimates. Said Kenneth G. Romanzi, president and CEO of B&G Foods, in a press release: "I am happy to report 2019 financial results that are consistent with our short-term and long-term plans, which are based on our goal of a stable base business with pricing and cost savings initiatives to offset inflation, complemented by net sales and earnings growth through new product innovation and accretive acquisitions
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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