B&G Foods Q4 Earnings Match Estimates, Sales Dip on Low Volumes

B&G Foods, Inc. (BGS) posted fourth-quarter 2024 results, wherein the bottom line improved year over year and matched the Zacks Consensus Estimate. However, the top line declined and was impacted by the divestiture of the Green Giant U.S. shelf-stable product line (concluded in the fourth quarter of 2023), lower unit volumes and currency headwinds.B&G Foods’ fourth-quarter 2024 results showed some improvement compared to previous quarters. First-half fiscal 2025 trends are anticipated to remain soft, with s ...