earnings
confidence high
sentiment negative
materiality 0.80
B&G Foods Q1 net sales $425.4M (-10.5%), adjusted EPS $0.04; FY guidance cut
B&G Foods, Inc.
2025-Q1 EPS reported
$0.01
revenue$425,402,000
- Net sales down 10.5% YoY; adjusted diluted EPS $0.04 vs $0.18, a decline of 77.8%.
- Adjusted EBITDA $59.1M (down 21.2%); Frozen & Vegetables segment swung to negative EBITDA of -$1.5M.
- All four segments saw net sales declines: Specialty -13.1%, Meals -11.6%, Frozen & Vegetables -11.2%, Spices & Flavor Solutions -4.0%.
- FY 2025 guidance lowered: net sales $1.86B-$1.91B, adjusted EBITDA $280M-$290M, adjusted EPS $0.55-$0.65.
- Management cites retailer inventory reductions and Easter shift; tariff uncertainties not reflected in guidance.