B&G Foods reports Q2 adjusted EPS 4c, consensus 6c

Reports Q2 revenue $424.4M, consensus $428.27M. Commenting on the results, Casey Keller, President and Chief Executive Officer of B&G Foods, stated, “B&G Foods’ second quarter demonstrated sequential improvement in trend after a challenging first quarter, and we expect further improvement in the second half of fiscal 2025. We are further making progress in reshaping and restructuring our portfolio to sharpen focus, simplify the business, and improve margins and cash flow with the divestitures of the Don Pepino and Sclafani brands during the second quarter and the Le Sueur brand during the third quarter.”