B&G Foods Q1 Beat, Shares Rise 11%

B&G Foods posted Q1 adjusted EPS $0.08 beating consensus $0.05, with revenue $408.9 million, up 11.6% after‑hours in trading.
Base business net sales rose 2.8% to $365.1 million, driven by 1.9% volume growth, pricing mix and 0.5% FX gain.
FY2026 revenue guidance lifted to $1.735‑$1.775 billion, $35 million above consensus, with adjusted EBITDA $275‑$290 million and EPS $0.575‑$0.675 per share forecast.
Net loss of $32.5 million (-$0.41 per share) stemmed from a $36.3 million loss on the Green Giant U.S. frozen business divestiture.