Jun. 12 at 4:41 PM
$BGS Just know that Stocktwits doesn't have an accurate list of BGS' current name-brand holdings. BGS previously sold off Don Pepino, Le Sueur U.S. and Green Giant brands and those are not going to help drive down the current debt on hand. The shrinking of the Market Cap is trending in line with what the company is actually worth at this point, as the company is shrinking in brands. What is it really worth? TBD. Some ongoing challenges with certain brands retained in the product line - Crisco is no longer a preferred form of its product, some have declared it unhealthy, especially in contrast to the original product it intended to mimic - Beef Tallow. Cream of Wheat is sourcing a more expensive Wheat grain in the current market (until Ukraine and Russia make peace), and their product line involves a lot of different manufacturing processes reliant on transportation and energy. How much of that is still retained in New Jersey? Hard decisions ahead for BGS leadership.
