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B&G Foods — Third Quarter 2026 Earnings Summary

B&G Foods reported a net loss of $32.5 million for the third quarter of 2026, driven by $40.7 million in non-cash impairment charges related to the B&M and Joan of Arc brands. Despite the net loss, the company achieved a 4.7% increase in net sales to $459.8 million, supported by base business growth of 5.0% and contributions from the recently acquired College Inn and Kitchen Basics brands. Adjusted diluted earnings per share for the quarter rose to $0.21, while adjusted EBITDA increased to $81.8 million. The company raised its full-year 2026 net sales guidance to a range of $1.760 billion to $1.800 billion and adjusted EBITDA guidance to $280.0 million to $290.0 million.

Company
B&G FOODS INC
Sector
Consumer Defensive
Industry
Packaged Foods