B&G Foods (BGS) Misses Q2 EPS by 8c

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Go back to B&G Foods (BGS) Misses Q2 EPS by 8c

B&G Foods Reports Financial Results for Second Quarter 2021

August 5, 2021 4:05 PM EDT

PARSIPPANY, N.J.--(BUSINESS WIRE)-- B&G Foods, Inc. (NYSE: BGS) today announced financial results for the second quarter and first two quarters of 2021.

Executive Summary (vs. Second Quarter of 2020 and vs. Second Quarter 2019 for two-year annual compound growth rates, where applicable):

Net sales decreased 9.4% to $464.4 million and base business net sales decreased 20.8%, driven by comparisons against the extraordinary demand and pantry loading at the height of the COVID-19 pandemic during the second quarter of 2020, partially offset by the Crisco acquisition. Net sales... More