B&G Foods(US:BGS) ZACKSยท2025-05-02 15:10Company Overview - B&G Foods, Inc. (BGS) is expected to report a decline in both revenue and earnings for the first quarter of 2025, with revenue estimated at $461 million, reflecting a 3% decrease from the same quarter last year [1] - The earnings consensus estimate remains unchanged at 14 cents per share, indicating a 22.2% decrease compared to the previous year [2] Key Factors Impacting Earnings - The challenging consumption environment continues to affect B&G Foods, with retailers reducing holiday and seasonal merchandising earlier than anticipated, leading to weaker shipments and overall demand softness [2] - Macroeconomic pressures, including persistent food inflation and changes in consumer spending behavior, have resulted in subdued sales trends for B&G Foods [3] - The company anticipates volume headwinds to persist into the first half of 2025, as consumers remain cautious due to elevated prices, which is likely to impact volumes in the upcoming quarter [3] Strategic Initiatives - B&G Foods is focusing on portfolio reshaping, targeting high-margin segments, and implementing cost-saving initiatives, which may provide some support to its performance [4] - Key efforts include innovation in spices and Mexican meals, as well as operational efficiencies aimed at bolstering consumer demand and profitability [4] Earnings Prediction Model - The current model does not predict an earnings beat for B&G Foods, as it holds a Zacks Rank of 3 (Hold) and an Earnings ESP of 0.00% [5]