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More on B&G Foods' Q2

B&G Foods (NYSE:BGS) reports its business volume rose 2.8% in Q2 after the impact of acquisitions was stripped out.

The company's gross margin rate fell 350 bps to 31.1% as higher distribution costs took a toll and the mix shifted to lower-profit items.

B&G lowered its full-year guidance due to the weaker-than-anticipated results.

BGS -2.2% AH

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