B&G Foods (BGS) Tops Q1 EPS by 2c; Reaffirms
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B&G Foods Reports Financial Results for First Quarter 2018
May 3, 2018 4:05 PM EDTGenerates Net Cash Provided by Operating Activities of $73.7 Million for the Quarter
Reaffirms Full Year 2018 Guidance
PARSIPPANY, N.J.--(BUSINESS WIRE)-- B&G Foods, Inc. (NYSE: BGS) today announced financial results for the first quarter of 2018.
Executive Summary (vs. year-ago quarter where applicable):
Net sales increased 4.7% to $431.7 million Diluted earnings per share decreased 36.7% to $0.31 Adjusted diluted earnings per share1 decreased 5.2% to $0.55 Adjusted EBITDA1 decreased 2.9% to $89.4 million Net cash provided by operating activities increased to... More