B&G Foods (BGS) Gains on Pricing & Portfolio Refining Efforts
B&G Foods(BGS) Zacks Investment Research·2024-01-16 15:36
B&G Foods, Inc. (BGS) has a successful track record of acquisition-led growth. Meanwhile, it undertakes strategic divestitures in an effort to reshape its portfolio. The shelf-stable and frozen food, and household product company is reaping benefits from strategic pricing actions. However, the company is not immune to rising expenses.Let’s delve deeper.Portfolio Refining Efforts on TrackB&G Foods is focused on undertaking prudent acquisitions to grow its brand portfolio. It acquired the Crisco brand from J. ...