B&G Foods Q2 adjusted profit misses estimates, cuts FY guidance

Overview

• B&G Foods Q2 2025 net sales fell 4.5%, missing analyst expectations, per LSEG data

• Adjusted EPS for Q2 2025 missed estimates

• Co revised full-year guidance downward for net sales, adjusted EBITDA, and adjusted EPS

Outlook

• B&G Foods revises 2025 net sales guidance to $1.83 bln-$1.88 bln

• Company expects 2025 adjusted EBITDA between $273 mln and $283 mln

• B&G Foods sees 2025 adjusted EPS at $0.50-$0.60

• Company says guidance excludes potential tariff impacts

Result Drivers

• VOLUME DECLINE - Co attributes decrease in net sales to reduced volume, impacting base business net sales by $14.3 mln

• PRICING PRESSURE - Lower net pricing and unfavorable product mix contributed to a $4.0 mln reduction in base business net sales

• CURRENCY IMPACT - Foreign currency negatively affected net sales by $0.4 mln

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and 2 "sell" or "strong sell"

• The average consensus recommendation for the food processing peer group is "buy."

• Wall Street's median 12-month price target for B&G Foods Inc is $5.50, about 24.7% above its August 1 closing price of $4.14

• The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw77Mc6xa