The packaged food maker crushed the market, but its business model may not be quite what investors think.
News & Analysis: B & G Foods
They all pay handsomely to income-conscious investors and have sustainable payouts.
No other segment is as vital or has as much repeat business.
The food company got a nice boost as investors digested its strong first-quarter sales results.
The packaged foods leader has benefited from people being shut in at home.
A change in consumer behavior provided a boost to these stocks.
While most businesses closed from the COVID-19 related slowdown, B&G Foods saw consumption increase.
BGS earnings call for the period ending March 31, 2020.
B&G Foods operates in the boring packaged food space, but it is far from a boring company. Is the fat dividend yield worth the risk?
After slowly declining over the past year, the stock finally responds to a solid quarter.