B&G Foods Q4 net sales slightly beat estimates

B&G Foods

03/03/2026 21:16

Overview

Food manufacturer reported Q4 net sales slightly beat analyst expectations

Adjusted EPS for Q4 missed analyst expectations

Company recently announced divestiture of Green Giant U.S. frozen vegetable business

Outlook

B&G Foods expects 2026 net sales between $1.655 bln and $1.695 bln

Company anticipates 2026 adjusted EBITDA of $265.0 mln to $275.0 mln

B&G Foods projects 2026 adjusted EPS between $0.55 and $0.65

Result Drivers

DIVESTITURES IMPACT - Net sales decreased due to divestiture of Le Sueur U.S. and Don Pepino brands, partially offset by base business sales increase

PRICING AND MIX - Increase in base business net sales driven by higher net pricing and product mix

IMPAIRMENT CHARGES - Net loss impacted by non-cash impairment charges related to Green Giant brand

Company press release: ID:nBw5yFGhLa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Slight Beat*
$539.60 mln
$536.65 mln (4 Analysts)
Q4 Adjusted EPS
Miss
$0.28
$0.30 (4 Analysts)
Q4 EPS
-$0.19
Q4 Adjusted Net Income
Miss
$22.80 mln
$25.90 mln (2 Analysts)
Q4 Adjusted EBITDA
Miss
$84.70 mln
$88.26 mln (4 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 $4.00, about 22.8% below its March 2 closing price of $5.18

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)