B&G Foods lower after Q4 expenses cut into profits

|About: B&G Foods, Inc. (BGS)|By:, SA News Editor

B&G Foods (BGS -7.2%) trades lower after missing profit estimates with its Q4 report.

The company saw higher expenses during the period. As a percentage of revenues, expenses rose to 81.1% from 78.5% a year ago.

Piper Jaffray lost a little faith in the stock after sizing up the quarter, downgrading it to Neutral from Overweight.