B&G Foods (BGS) faces Q1 revenue decline as investors await May 19 earnings

B&G Foods (NYSE:BGS) is expected to report first-quarter results after the market close on May 19, 2026, with analysts forecasting a 6.1% year-over-year revenue decline. The packaged-food company posted revenue of $539.6 million in the prior quarter, down 2.2% from a year earlier, while missing analyst EPS estimates and issuing full-year revenue guidance below Wall Street expectations. B&G Foods has missed consensus revenue estimates multiple times over the past two years. Peer results have been mixed. Hershey reported 10.6% revenue growth and beat estimates by 2.4%, while Lamb Weston posted 2.9% growth and topped estimates by 5.2%. Their shares fell 3.6% and 6.9%, respectively, after results. B&G Foods shares were unchanged over the past month and recently traded at $5.40, above the average analyst price target of $5.20.