💨 Abstract

B&G Foods Inc. reported a first-quarter net income of $835,000, a turnaround from a loss in the same period the previous year. The company earned 1 cent per share, with adjusted earnings at 4 cents per share. Revenue was $425.4 million. Despite the profitability, B&G Foods' shares have fallen over 8% since the year began and 43% over the past year.

Courtesy: wtop.com

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