B&G Foods stock falls 7.28 percent to EUR 2.42

Published on 10/02/2026 at 22:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 9.70 percent to USD 383.27 million in second quarter of 2026. B&G Foods stock costs EUR 2.42 on October 2, 2026 after EUR 2.61.

BGS, US05508R1068, Illustration mit AI erstellt.

B&G Foods stock (ISIN US05508R1068) was trading at EUR 2.42 at Lang & Schwarz on October 2, 2026 at 10:20 p.m. CEST, down 7.28 percent versus the prior close of EUR 2.61. The move comes as the packaged-food company works through lower sales, portfolio changes and a leadership transition.

Revenue misses expectations

For the second quarter of 2026, B&G Foods reported revenue of USD 383.27 million, down 9.70 percent from the prior-year period, according to MarketBeat. Revenue also came in below the USD 394.92 million consensus cited in the same report, a shortfall of 2.95 percent versus expectations.

Adjusted earnings per share was USD 0.06 in the quarter, matching the consensus estimate, while fiscal 2026 adjusted earnings per share guidance remained at USD 0.575-0.675. The combination leaves revenue as the clearer pressure point, because the earnings result held up against expectations even as the top line contracted.

Analysts keep targets cautious

MarketBeat reported that TD Cowen cut its B&G Foods price objective from USD 4.00 to USD 3.00 in a report dated August 12, 2026, while Barclays reduced its target from USD 5.00 to USD 4.50 in a report dated August 13, 2026. These targets use U.S. dollar quotations and are separate from the euro reference price at Lang & Schwarz.

The company also declared a quarterly dividend of USD 0.095 per share, payable on October 30, 2026, to shareholders of record on September 30, 2026, according to MarketBeat. The payout provides a defined cash event, but the revenue decline and elevated leverage keep operating execution central to the stock story.

Next results date is November 11

Backpack lists November 11, 2026 as the next earnings date. On the primary NYSE listing, the October 2, 2026 quote showed USD 2.69 against a 52-week range of USD 2.69 to USD 6.38, while market capitalization stood at USD 218.3 million.

Stock trades after hours

B&G Foods stock was at EUR 2.42 in after-hours trading at Lang & Schwarz on October 2, 2026 at 10:20 p.m. CEST, versus the EUR 2.61 prior close dated October 1, 2026. The reference price is the German euro quotation, while the NYSE figures provide separate U.S. market context.