The earnings call highlighted strong cash flow and debt reduction, along with cost-saving initiatives. However, these positives were overshadowed by significant declines in net sales and EBITDA, challenges in the Green Giant segment, and a downward revision in the fiscal year guidance. The call reflected a cautious outlook amid ongoing portfolio reshaping efforts.

Company Guidance -

Q2 2025

During the B&G Foods First Quarter 2025 Earnings Call, management provided several key metrics and guidance updates. The company reported a 10.5% decline in net sales for Q1 2025 compared to the previous year, with net sales amounting to $425.4 million. Adjusted EBITDA was $59.1 million, reflecting a decrease of $15.9 million, with a notable impact from increased costs and investment in the Green Giant U.S. business. The company revised its fiscal 2025 guidance, lowering the net sales range to $1.86 billion to $1.91 billion and adjusted EBITDA to $280 million to $290 million. The adjusted diluted earnings per share is projected between $0.55 and $0.65. The company highlighted a focus on cost reduction efforts, targeting $10 million in savings for the year and an annual run rate of $15 million to $20 million. Additionally, B&G Foods is committed to reshaping its portfolio to improve margins and cash flow, considering possible divestitures, particularly in the Frozen & Vegetables unit, to pay down debt and focus on core business lines like spices, seasonings, and baking staples.

Cash Flow Performance

Generated $52.7 million in net cash from operations during Q1 2025, compared to $35.1 million in Q1 2024, indicating strong cash flow performance.

Debt Reduction

Reduced debt to $1.967 billion at the end of Q1 2025 from $2.012 billion at the end of Q1 2024, showing progress in debt management.

Cost Savings Initiatives

Implemented cost reduction efforts expected to save $10 million in 2025 with an annual run rate of $15 million to $20 million.

Positive Trends in April Sales

April net sales showed signs of stabilization, down only 2%, with strong performance from Green Giant in both frozen and shelf-stable categories.

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
Aug 04, 2025	2025 (Q2)	0.06 / -	0.08	―	―	―
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)	―
May 04, 2023	2023 (Q1)	0.25 / 0.27	0.34	-20.59% (-0.07)	―

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
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%
Aug 06, 2024	$7.67	$7.46	-2.74%

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.