B&G Foods (BGS) Misses Q1 EPS by 5c, Offers FY Guidance

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B&G Foods Reports Financial Results for First Quarter 2019

May 2, 2019 4:05 PM EDT

Reaffirms Full Year 2019 Guidance

PARSIPPANY, N.J.--(BUSINESS WIRE)-- B&G Foods, Inc. (NYSE: BGS) today announced financial results for the first quarter of 2019. Financial results for the first quarter of 2019 reflect the impact of the divestiture of PirateBrands during the fourth quarter of 2018 and the acquisition of McCanns during the third quarter of 2018.

First Quarter 2019 Financial Summary:

Net sales of $412.7 million Base business net sales1 of $409.5 million Diluted earnings per share of $0.26 Adjusted diluted earnings per... More