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Stock impact report

Can B&G Foods' Margin Improvement Hold Amid Soft Demand? [Yahoo! Finance]

B&G Foods, Inc. B&G Foods, Inc. (BGS) 
Last b&g foods, inc. b&g foods, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NYSE Investor Relations: en.wikipedia.org/wiki/b
Company Research Source: Yahoo! Finance
Net sales declined 4.7% year over year to $439.3 million, while base business net sales, excluding divestitures, fell a more moderate 2.7%. Despite lower revenue, profitability held up relatively well, with the adjusted EBITDA totaling $70.4 million and reflecting more stable base business performance when excluding the impact of divestitures. Third-quarter segment performance was mixed. The Frozen & Vegetables business delivered a meaningful recovery, with segment-adjusted EBITDA rising to $3 million, driven by more favorable crop pack costs relative to last year's weaker harvest and strong productivity gains at the company's Mexico manufacturing facility. The Spices & Seasonings segment generated 2.1% net sales growth in the quarter, while tariffs continued to put pressure on costs. At its third-quarter earnings call, B&G Foods highlighted favorable crop dynamics, productivity gains and pricing actions in the U.S. Frozen & Vegetables business. The company also made continued pro Show less Read more
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