B&G Foods ( (BGS) ) has released its Q3 earnings. Here is a breakdown of the information B&G Foods presented to its investors.
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B&G Foods, Inc., based in Parsippany, New Jersey, is a manufacturer and distributor of high-quality, branded shelf-stable and frozen foods across the United States, Canada, and Puerto Rico, with a diverse portfolio of over 50 well-known brands. In the third quarter of 2025, B&G Foods reported a decrease in net sales by 4.7% to $439.3 million compared to the same period in 2024, primarily due to reduced volume and negative foreign currency impacts. Despite these challenges, the company achieved a 15.4% increase in adjusted diluted earnings per share to $0.15, reflecting improved operational efficiencies. Key financial metrics highlighted in the report include a net loss of $19.1 million for the third quarter, attributed to significant non-cash impairment charges, and an adjusted EBITDA of $70.4 million, consistent with the previous year. The company also completed the divestiture of Le Sueur U.S., recognizing a gain of $15.5 million, and announced the sale of Green Giant Canada to strengthen its core brand portfolio. Looking ahead, B&G Foods has narrowed its full-year fiscal 2025 guidance, projecting net sales between $1.82 billion and $1.84 billion and adjusted EBITDA between $273.0 million and $280.0 million, as it continues to navigate a challenging economic environment.