B&G Foods (BGS) Declares $0.465 Quarterly Dividend; 5.2% Yield

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Go back to B&G Foods (BGS) Declares $0.465 Quarterly Dividend; 5.2% Yield

B&G Foods (BGS) Misses Q2 EPS by 6c, Miss on Revenues; Offers FY17 Estiamtes

August 3, 2017 4:23 PM EDT

B&G Foods (NYSE: BGS) reported Q2 EPS of $0.41, $0.06 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $368 million versus the consensus estimate of $377.51 million.

Executive Summary (vs. year-ago quarter where applicable):

Net sales of $368.1 million, an increase of 20.2%Net income of $22.1 million, a decrease of 27.1%Adjusted net income* of $27.6 million, a decrease of 23.4%Diluted earnings per share of $0.33, a decrease of 31.3%Adjusted diluted... More