B&G Foods (BGS) Misses Q4 EPS by 16c, Offers Q1 and FY Guidance

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Go back to B&G Foods (BGS) Misses Q4 EPS by 16c, Offers Q1 and FY Guidance

B&G Foods Reports Financial Results for Fourth Quarter and Full Year 2018

February 26, 2019 4:05 PM EST

Net Sales Increased 3.3% and Base Business Net Sales Increased 0.9% for Full Year 2018

Net Cash Provided by Operating Activities Increased to $209.5 Million for Full Year 2018

PARSIPPANY, N.J.--(BUSINESS WIRE)-- B&G Foods, Inc. (NYSE: BGS) today announced financial results for the fourth quarter and full year 2018.

Fourth Quarter 2018 Financial Highlights (vs. Fourth Quarter 2017):

Completed the sale of Pirate Brands to The Hershey Company for approximately $420.0 million early in the fourth quarter; recognized a pre-tax gain on sale of $176.4 million Net sales... More