|Day's range||2.5500 - 2.6200|
The food maker's dividend cut has given it much-needed breathing room, but it still has a leverage problem.
B&G Foods (BGS) is benefiting from its pricing action against rising costs across its portfolio. The company also gains from the focus on reshaping its portfolio.
Sysco (SYY) has been benefiting from its Recipe for Growth program and diversified business model amid inflated costs.