B&G Foods (BGS) Misses Q2 EPS by 6c, Offers FY Guidance

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B&G Foods Reports Financial Results for Second Quarter 2018

August 2, 2018 4:05 PM EDT

Generates Net Cash Provided by Operating Activities of $104.8 Million for the First Two Quarters of 2018

PARSIPPANY, N.J.--(BUSINESS WIRE)-- B&G Foods, Inc. (NYSE: BGS) today announced financial results for the second quarter and first two quarters of 2018.

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

Net sales increased 7.4% to $388.4 million Base business net sales1 increased 3.1% to $370.2 million Diluted earnings per share decreased 63.6% to $0.12 Adjusted diluted earnings per share1 decreased 7.3% to $0.38... More