B&G Foods Q3 adjusted profit beats estimates

B&G Foods

05/11/2025 22:31

Overview

B&G Foods Q3 2025 net sales fell 4.7% yr/yr

Adjusted EPS for Q3 2025 beats consensus, reflecting operational improvements

Company announces divestiture of Green Giant Canada to solidify core brand portfolio

Outlook

B&G Foods narrows 2025 net sales guidance to $1.82 bln-$1.84 bln

Company narrows 2025 adjusted EBITDA guidance to $273 mln-$280 mln

B&G Foods narrows 2025 adjusted EPS guidance to $0.50-$0.58

Result Drivers

VOLUME DECLINE - Decrease in Q3 net sales attributed to lower volume and negative foreign currency impact

STRATEGIC DIVESTITURE - Sale of Green Giant Canada aimed at strengthening core brand portfolio

IMPROVED EBITDA - Sequential improvement in adjusted EBITDA noted by CEO Casey Keller

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Beat
$0.15
$0.12 (5 Analysts)
Q3 EPS
-$0.24
Q3 Adjusted Net Income
Beat
$11.70 mln
$10.80 mln (2 Analysts)
Q3 Adjusted EBITDA
Beat
$70.40 mln
$67.70 mln (3 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy."

Wall Street's median 12-month price target for B&G Foods Inc is $4.25, about 7.8% above its November 4 closing price of $3.92

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nBw6R9Kc5a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)