B&G Foods Inc (BGS) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ...

By Yahoo! Finance | Nov 6, 2024 at 02:33 AM EST

Sales exceeded consumption data in the second quarter, possibly due to inventory stocking. CFO Bruce Wacha highlighted U.S. grocery sales dominance, with inventory reduction in July impacting the third quarter. CEO Kenneth Keller mentioned cost-saving measures and strategic evaluations to improve efficiency amidst weaker sales and private label competition.

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