BGS Q1 2024 Earnings — B&G Foods, Inc. Revenue & Financial Results | Market Cap Arena

BGSB&G Foods, Inc.

$444M

Q1 2024 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$475M-7.1% YoY

Gross Profit

$109M22.9% margin

Operating Income

-$16M-3.3% margin

Net Income

-$40M-8.5% margin

EPS (Diluted)

$-0.51

QoQ Revenue Growth

-17.8%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$27M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$2.6B

Stockholders' Equity

$781M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$475M	$512M	-7.1%
Gross Profit	$109M	$114M	-4.7%
Operating Income	-$16M	$62M	-125.0%
Net Income	-$40M	$3M	-1278.3%

Revenue Segments

Specialty Segment

$155M56%

Meals Segment

$120M44%