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home / news releases / BGS - B&G Foods misses Q1 estimates trims guidance plans sale of Frozen and canned vegetable business

BGS - B&G Foods misses Q1 estimates trims guidance plans sale of Frozen and canned vegetable business

B&G Foods Inc.

2024-05-08 17:04:01 ET

Shares of B&G Foods ( NYSE: BGS ) were weighed down in Wednesday’s after-hours trading after the company missed Q1 sales and profit expectations and lowered 2024 guidance. The negative tone was amplified by the company’s announcement to consider the sale of its Frozen and remaining canned vegetable business as “capital constraints” leaves it unable to consider acquiring new businesses....

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B&G Foods misses Q1 estimates, trims guidance, plans sale of Frozen and canned vegetable business
Stock Information
Company Name: B&G Foods Inc.
Stock Symbol: BGS
Market: NYSE
Website: bgfoods.com
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