B&G Foods: 1Q Earnings Snapshot
PARSIPPANY, N.J. (AP) _ B&G Foods Inc. (BGS) on Tuesday reported first-quarter profit of $28.1 million.
On a per-share basis, the Parsippany, New Jersey-based company said it had net income of 44 cents. Earnings, adjusted for costs related to mergers and acquisitions, came to 46 cents per share.
The food producer posted revenue of $449.4 million in the period.
B&G Foods shares have climbed almost 9% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $19.53, a drop of 13% in the last 12 months.