What to Expect From B&G Food’s Upcoming Q3 Results?
<p>RBC Capital analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/BGS'>B&G Foods, Inc (NYSE:BGS)</a> ahead of the upcoming Q3 earnings announcement tomorrow.</p>
<p>The analysts expect net sales growth of 2% (vs, Street’s 3.5%) and EPS of $0.33 (vs. Street’s $0.32). The analysts expect moderate pricing-driven topline growth with continued margin pressure from raw materials, logistics and agricultural commodities. </p>
<p>According to the analysts, in tracked channels total sales are roughly flat in the September quarter and historical spreads would suggest approximate 1% topline growth. Read-throughs from packaged food peers this earnings season have been strong, suggesting continued at-home resiliency. While at-home demand remains strong, the company is still dealing with an underperforming supply chain.</p>

NYSE:BGS