B&G Foods' (BGS) Innovation Pipeline Bodes Well Amid High Costs

B&G Foods, Inc. (BGS) has strengthened its innovation pipeline, launching licensing seasoning and grilling blends under well-recognized brands. The company has made significant strides in reshaping its portfolio through divestitures, focusing on segments with high margins and growth potential. These steps are pivotal in aligning B&G Foods with current market trends and consumer preferences, thereby enhancing its competitive position.Shares of this Zacks Rank #3 (Hold) company have gained 5.8% in the past si ...