BGS - B&G Foods Inc. (BGS) Q1 2024 Earnings Call Transcript
2024-05-08 21:27:10 ET
B&G Foods, Inc. (BGS)
Q1 2024 Earnings Conference Call
May 08, 2024, 04:30 PM ET
Company Participants
AJ Schwabe - Senior Associate, Corporate Strategy and Business Development
Casey Keller - CEO
Bruce Wacha - CFO
Conference Call Participants
William Reuter - Bank of America
Michael Lavery - Piper Sandler
Karru Martinson - Jefferies
Robert Moskow - TD Cowen
Carla Casella - JPMorgan
Hale Holden - Barclays
Rob Dickerson - Jefferies
David Palmer - Evercore
Presentation
Operator
Good day and welcome to the B&G Foods First Quarter 2024 Earnings Call. Today's call, which is being recorded is scheduled to last about one hour including remarks by B&G Foods Management and the question-and-answer session.
I would now like to turn the call over to AJ Schwabe, Senior Associate, Corporate Strategy and Business Development for B&G Foods. AJ?
AJ Schwabe
Good afternoon and thank you for joining us. With me today are Casey Keller, our Chief Executive Officer, and Bruce Wacha, our Chief Financial Officer. You can access detailed financial information on the quarter in the earnings release we issued today, which is available at the Investor Relations section of bgfoods.com.
Before we begin our formal remarks, I need to remind everyone that part of the discussion today includes forward-looking statements. These statements are not guarantees of future performance, and therefore, undue reliance should not be placed upon them. We refer you to B&G Foods' most recent annual report on Form 10-K and subsequent SEC filings for a more detailed discussion of the risks that could impact our company's future operating results and financial conditions.
B&G Foods undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. We will also be making references on today's call to the non-GAAP financial measures, adjusted EBITDA, segment-adjusted EBITDA, adjusted net income, adjusted diluted earnings per share, adjusted gross profit, adjusted gross profit percentage, and base business net sales. Reconciliations of these financial measures to the most directly comparable GAAP financial measures are provided in today's earnings release.
Casey will begin the call with opening remarks and discuss the various factors that affected our results, selected business highlights, and his thoughts concerning the outlook for the remainder of fiscal 2024. Bruce will then discuss our financial results for the first quarter of 2024 and our guidance for fiscal 2024.
I would now like to turn the call over to Casey.
Casey Keller
Good afternoon. Thank you, AJ, and thank you all for joining us today for our first quarter 2024 earnings call....
B&G Foods, Inc. (BGS) Q1 2024 Earnings Call Transcript