BGS News and Press, B&G Foods Inc. From 07/10/23

2023-07-10 04:57:41 ET Summary Westrock Coffee Company's shares are expected to continue underperforming in the market due to recent negative developments, leading to a downgrade from a 'hold' to a 'sell'. Despite sales growth, the company's bottom line results have been mixed and...

2023-07-06 05:05:00 ET When investors look for stocks that outperform, they'll often compare investments to the S&P 500 index. That broad market barometer is a fine yardstick, but just outpacing the market may not be enough information to see what's really going on. One example ...

2023-06-28 14:03:21 ET Food stocks fell on Wednesday after General Mills ( NYSE: GIS ) missed revenue and organic sales expectations with its earnings report . A 6% drop in volume during the quarter cut into the 11% price/mix advantage the company realized in comparison to a...

2023-06-13 07:35:00 ET Summary I love getting income from everyday sources. I love to own the gas pump, and I love to hold the grocery store. You no longer have to worry about selling shares to unlock value. You can let those companies pay you directly. Co-authored...

2023-06-08 11:07:29 ET Summary B&G Foods shares have lost almost 50% of their value in the past 13 months, despite attempts to recover their 200-day moving average. The company's dividend pay-out ratio, lack of hard assets, and high leverage contribute to the ongoing risk in i...

2023-06-06 15:54:13 ET Summary B&G Foods, Inc. has long been far too leveraged in my opinion, looking to allocate too much capital to too many stakeholders. I was always skeptical on the model, as inflationary trends and higher financing costs have hurt the shares in a big way...

2023-05-23 09:45:00 ET Summary Markets are racing higher as the earnings season turned out much better than expected. Sector rotation into tech stocks has led to a surge in big-tech with Nvidia clearly leading the pack. My dividend income in April amounted to a record $755. Th...

2023-05-04 16:16:20 ET B&G Foods press release ( NYSE: BGS ): Q1 Non-GAAP EPS of $0.27 beats by $0.01 . Revenue of $511.8M (-3.9% Y/Y) misses by $16.37M . Guidance Reaffirmed for Full Year Fiscal 2023 Net sales reaffirmed at a range of $2.13 billi...

B&G Foods, Inc. (NYSE: BGS) today announced financial results for the first quarter of 2023. Summary Guidance Reaffirmed for Full Year Fiscal 2023 Net sales reaffirmed at a range of $2.13 billion to $2.17 billion. Adjusted EBITDA reaffirmed at a range of $310 million...

2023-05-03 17:35:55 ET B&G Foods ( NYSE: BGS ) is scheduled to announce Q1 earnings results on Thursday, May 4th, after market close. The consensus EPS Estimate is $0.26 (-23.5% Y/Y) and the consensus Revenue Estimate is $528.17M (-0.8% Y/Y). Over the last 2 years,...