earnings
confidence high
sentiment negative
materiality 0.70
B&G Foods Q3 net loss of $19.1M; sales down 4.7%; impairments on Green Giant Canada, Victoria, McCann's
B&G Foods, Inc.
2025-Q3 EPS
reported -$0.35
vs consensus $0.11
▼ miss
(-411.7%)
- Net sales $439.3M (-4.7% YoY); net loss $19.1M vs income $7.5M; GAAP EPS -$0.24.
- Recorded $27.8M impairment on Green Giant Canada assets held for sale and $26.0M impairment on Victoria/McCann's trademarks.
- Agreement to sell Green Giant Canada; completed Le Sueur U.S. divestiture with $15.5M gain.
- Guidance narrowed: net sales $1.82-1.84B, adj. EBITDA $273-280M, adj. EPS $0.50-0.58.
- Adjusted EBITDA flat at $70.4M; base business net sales -2.7% YoY.