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B&G Foods Holdings (BGS)
NYSE:BGS
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.16Last Year’s EPS
0.18Same Quarter Last Year
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -2.93%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While there were significant improvements in specific segments like Spices & Flavor Solutions and general margin improvements, the call was overshadowed by substantial impairment charges leading to a net loss. The reduction in debt and strategic focus were positive, but challenges such as sales decline in base businesses and foreign currency impacts were notable.Company Guidance
During the B&G Foods Fourth Quarter and Fiscal 2024 Earnings Call, guidance for fiscal year 2025 was provided, projecting net sales in the range of $1.89 billion to $1.95 billion. Adjusted EBITDA is expected to be between $290 million and $300 million, with adjusted EBITDA as a percentage of net sales anticipated to remain around 15% to 15.5%. The company also expects to benefit from a 53rd week in fiscal 2025, which will contribute approximately $10 million to $15 million in net sales. Additional financial projections include interest expenses between $147.5 million and $152.5 million, depreciation expense of $47.5 million to $52.5 million, amortization expense of $20 million to $22 million, and an effective tax rate of 26% to 27%. Capital expenditures are forecasted to be in the range of $35 million to $40 million.Sequential Improvement in Q4
Fourth quarter results showed sequential improvement with net sales of $551.6 million and adjusted EBITDA of $86.1 million, which were in line or slightly above expectations.
Spices & Flavor Solutions Growth
The Spices & Flavor Solutions business unit achieved a 5% increase in net sales in Q4 2024 compared to Q4 2023, driven by higher volumes and improved net pricing.
Improved Margins
Adjusted gross profit percentage improved to 22.2% in Q4 2024 from 21.9% in Q4 2023, with adjusted EBITDA as a percentage of net sales increasing to 15.6% from 15%.
Debt Reduction
Net debt was reduced to $1.994 billion by the end of Q4 2024, with no near-term maturities after redeeming $265 million of senior notes.
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BGS Earnings History
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
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BGS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $6.83 | $7.03 | +2.93% |
| Nov 05, 2024 | $8.58 | $6.88 | -19.81% |
| Aug 06, 2024 | $8.25 | $8.03 | -2.67% |
| May 08, 2024 | $10.75 | $7.71 | -28.28% |
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.
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FAQ
When does B&G Foods Holdings (BGS) report earnings?
B&G Foods Holdings (BGS) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is B&G Foods Holdings (BGS) earnings time?
B&G Foods Holdings (BGS) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BGS EPS forecast?
BGS EPS forecast for the fiscal quarter 2025 (Q1) is 0.16.
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