B&G Foods Cuts 2023 Net Sales From $2.11B-$2.13B To $2.05B-$2.07B, Adjusted EPS From $0.95-$1.15 To $0.93-$1.13
Portfolio Pulse from Benzinga Newsdesk
B&G Foods has reduced its 2023 net sales forecast from $2.11B-$2.13B to $2.05B-$2.07B, and its adjusted EPS from $0.95-$1.15 to $0.93-$1.13.
November 08, 2023 | 10:29 pm
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B&G Foods has lowered its 2023 net sales and adjusted EPS forecasts, which could negatively impact investor sentiment.
B&G Foods' downward revision of its 2023 net sales and adjusted EPS forecasts could lead to a negative investor sentiment, potentially causing a short-term decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100