B&G Foods(BGS) - 2023 Q1 - Earnings Call Transcript
B&G Foods(BGS)2023-05-05 04:25
oil is now trading on the spot market in the $0.50 to $0.55 per pound range relative to the high $0.70 range in late spring 2022. Pricing. In total, pricing realization, including product mix, contributed $63.2 million in Q1 versus Q1 last year, reflecting pricing actions taken across the portfolio in 2022. We implemented new pricing actions in February to recover higher costs on tomatoes, glass and starches, specifically on pasta and taco sauces and baking powder. At this point, we expect that the vast maj ...