B&G Foods (BGS) Tops Q2 EPS by 10c

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Go back to B&G Foods (BGS) Tops Q2 EPS by 10c

B&G Foods Reports Strong Net Sales and Earnings Growth for Second Quarter 2020

July 30, 2020 4:05 PM EDT

Net Cash Provided by Operating Activities Increased to $246.4 Million for the First Two Quarters of 2020

PARSIPPANY, N.J.--(BUSINESS WIRE)-- B&G Foods, Inc. (NYSE: BGS) today announced financial results for the second quarter and first two quarters of 2020 and provided an update as to how the COVID-19 pandemic is impacting the Company.

Second Quarter 2020 Financial Summary (vs. Second Quarter 2019 where applicable):

Net sales increased 38.1% to $512.5 million Base business net sales1 increased 33.9% to $496.9 million Diluted earnings per share increased 150.0% to $0.70 Adjusted diluted... More