What happened? Shares of B&G Foods, Inc. (NYSE: BGS), a processor and seller of packed food products in the U.S. with a long list of brands, are trending 10% lower Friday as of 11:20 a.m. EDT, after the company missed analysts' consensus estimates for the second quarter. So what Starting from the top, B&G Foods reported net sales of $368.1 million during the second quarter. That was a healthy 20.2% increase over the prior year, bolstered by acquisitions, but it fell well short of analysts' estimates calling for $377.07 million. Unfortunately for investors, the bottom line didn't provide any relief. Net income decreased 27.1% to $22.1 million and adjusted earnings per share checked in with a 28.1% decline to $0.41 per share -- below analysts' estimates calling for $0.47 per share. Image source: Getty Images. But wait, it gets a little bit worse for investors. Stated Robert C. Cantwell, president and CEO of B&G Foods, in a press release: The second quarter of 2017 was a difficult one, as we continued to struggle with the many challenges facing our industry. As a result, we are lowering our adjusted EBITDA [earnings before interest, taxes, depreciation, and amortization] and adjusted diluted earnings per share guidance while reaffirming our net sales guidance at the lower end of our range. Now what The company now expects its full-year adjusted earnings per share in the range of $2.03 to $2.17, down from the prior guidance of between $2.13 and $2.27 per share and lower than analysts' estimates of $2.18 per share. While B&G Foods offers investors a solid dividend with a yield of 5.2%, it's in an interesting spot: It needs to continue on its acquisition spree for growth, but has to find ways to shore up its bottom line and avoid adding brands that don't bring enough value. As you can see below, management has work to do to reverse the recent slide. BGS data by YCharts. 10 stocks we like better than B & G FoodsWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now... and B & G Foods wasn't one of them! That's right -- they think these 10 stocks are even better buys. Click here to learn about these picks! *Stock Advisor returns as of August 1, 2017Daniel Miller has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.