B&G Foods reports Q3 adjusted EPS 13c, consensus 20c

Reports Q3 revenue $461.1M, consensus $473.12M. Commenting on the results, Casey Keller, President and Chief Executive Officer of B&G Foods, stated, “B&G Foods’ third quarter results reflected a slower than expected recovery in sales trends, consistent with the center store packaged food industry. We expect trends to gradually improve and stabilize into the first half of 2025 as we lap consumer reaction to higher prices across food categories.”