secwatch.observer — SEC 8-K summary
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Issuer:     B&G Foods, Inc. (BGS)
CIK:        0001278027
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001558370-25-006614
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

B&G Foods Q1 net sales $425.4M (-10.5%), adjusted EPS $0.04; FY guidance cut
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1278027/000155837025006614/0001558370-25-006614-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1278027/000155837025006614/bgs-20250507x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-006614

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer