The earnings call reflected a mix of challenges and strategic progress. While the company faced declines in net sales and adjusted EBITDA, there were significant efforts in portfolio restructuring and expected improvements in profitability, especially in the frozen and vegetables segment. The focus on reducing leverage and generating cash flow also indicates positive moves towards financial stability.

Company Guidance -

Q3 2025

During the B&G Foods Second Quarter 2025 Earnings Call, management provided revised guidance for fiscal 2025, reflecting recent divestitures and expected performance improvements. Net sales for the second quarter were reported at $424.4 million, down 4.5% year-over-year, with base business net sales down 4.2%. Adjusted EBITDA decreased by 9.3% to $58 million, primarily due to challenges in the frozen and vegetables business unit. The company expects the latter half of 2025 to show stabilization, with flat to slightly positive net sales and adjusted EBITDA growth, aided by a 53rd week contributing 2-3% to net sales growth in Q4. The fiscal year 2025 guidance was adjusted to account for the divestitures, now projecting net sales of $1.83 billion to $1.88 billion, adjusted EBITDA of $273 million to $283 million, and adjusted earnings per share of $0.50 to $0.60. Additionally, the company aims to reduce leverage to 6x within the next 12 months through divestiture proceeds and improved cash flow.

Improvement in Frozen and Vegetables Business

The U.S. frozen vegetables business is expected to turn profitable, with an increase in segment adjusted EBITDA by $8 to $10 million due to favorable crop costs and strong productivity.

Portfolio Restructuring and Divestitures

B&G Foods completed key divestitures including Don Pepino and Scalfani brands and Le Sueur U.S. Canned peas, which are expected to reduce leverage and focus the portfolio.

Cash Flow and Debt Reduction

Generated $17.8 million in net cash from operations in Q2 2025, and reduced net debt to $1.957 billion, with plans to decrease leverage to 6x within 12 months.

Expected Back Half Fiscal Year Improvement

Expect solid improvement in Q3 and Q4 with flat to slightly positive net sales and year-over-year growth in adjusted EBITDA.

B&G Foods (BGS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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BGS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	0.12 / -	0.13	―	―	―
Aug 04, 2025	2025 (Q2)	0.06 / 0.04	0.08	-50.00% (-0.04)	―
May 07, 2025	2025 (Q1)	0.14 / 0.04	0.18	-77.78% (-0.14)	―
Feb 25, 2025	2024 (Q4)	0.30 / 0.31	0.3	3.33% (+0.01)	―
Nov 05, 2024	2024 (Q3)	0.20 / 0.13	0.27	-51.85% (-0.14)	―
Aug 06, 2024	2024 (Q2)	0.09 / 0.08	0.15	-46.67% (-0.07)	―
May 08, 2024	2024 (Q1)	0.21 / 0.18	0.27	-33.33% (-0.09)	―
Feb 27, 2024	2023 (Q4)	0.28 / 0.30	0.4	-25.00% (-0.10)	―
Nov 08, 2023	2023 (Q3)	0.23 / 0.27	0.31	-12.90% (-0.04)	―
Aug 03, 2023	2023 (Q2)	0.10 / 0.15	0.07	114.29% (+0.08)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BGS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$4.11	$4.00	-2.68%
May 07, 2025	$6.04	$4.52	-25.17%
Feb 25, 2025	$6.35	$6.53	+2.83%
Nov 05, 2024	$7.97	$6.39	-19.82%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.