BGS Stock Troubled by a Volatile Consumer Landscape & Cost Woes
B&G Foods(BGS) ZACKS·2025-01-08 15:15
B&G Foods, Inc. (BGS) is navigating a turbulent operating environment due to broader macroeconomic headwinds, such as food inflation and shifts in consumer spending patterns. While the company has been focused on enhancing its portfolio through innovation and prudent acquisitions, recent performance metrics and guidance paint a concerning picture. The company’s shares have tumbled 16.5% in the past three months compared with the industry’s decline of 9.5%.Key Concerns Surrounding BGS StockB&G Foods’ Foodser ...