Posted 8/24/2022 BGS Odyssey Earnings
Using our updated Odyssey2 panel, our data science team has analyzed 2022 FQ12 sales of $BGS brands to arrive at a preview of B&G Food's upcoming earnings call.
DecaData’s data panel shows ~100bps acceleration in the pace of Volume YoY for BGS, for 2022 FQ2 as compared to FQ1. During FQ2, the pace of Pricing YoY remained relatively flat / mildly decelerating compared to FQ1.
Altogether, these resulted in acceleration in Organic Sales growth compared to 2022 FQ1, which we think might surprise to the upside. Sign up here to receive these updates ahead of earnings calls.
Odyssey 2 data best lends itself to measuring and modeling BGS Consolidated.
Ticker BGS
Segment | Metric | Actual 2022 FQ1 | ODY Estimates 2022 FQ2 | Lower | Midpoint | Upper | Direction |
---|---|---|---|---|---|---|---|
BGS Consolidated | Organic sales YoY | 5.6% | 5.9% | 6.4% | 6.9% | Accel | |
BGS Consolidated | Pricing YoY | 7.2% | 6.9% | 7.1% | 7.3% | Flat | |
BGS Consolidated | Volume YoY | (1.6%) | (0.9%) | (0.6%) | (0.3%) | Accel |
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