B&G Foods' stock has plummeted over 80% since 2016 due to stagnant Adj. EBITDA and mounting debt, leading to brand divestitures. The company's FY24 financial forecast has been revised downward three ...
CEO Casey Keller highlighted that Q1 2025 net sales decreased by 10.5% year-over-year, primarily influenced by a 20% sales drop in January, inventory reductions by retailers, and the Easter timing ...
B&G Foods, Inc. faces operational challenges, including high debt and weak performance, but strategic divestitures aim to stabilize costs and improve profitability. The stock is trading at a bargain ...
Shares of packaged foods company B&G Foods (NYSE:BGS) fell 1% in the afternoon session after a pessimistic analyst outlook highlighted downward revisions to profit forecasts and expectations for ...