B&G Foods

B&G Foods, Inc. is a holding company, which engages in the manufacture, sale, and distribution of shelf-stable frozen food, and household products in the U.S., Canada, and Puerto Rico. Its products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, and wine vinegar. Its brands include Back to Nature, Bear Creek, Cream of Wheat, Green Giant, Mrs. Dash, and Ortega. The company was founded in 1889 and is headquartered in Parsippany, NJ.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

B&G Foods reports strong Q4 performance and strategic growth outlook

B&G Foods navigated challenges in 2022 to deliver a strong Q4 performance, with a focus on pricing actions, supply chain improvements, and portfolio optimization.
Guidance for 2023 signals a strategic approach to managing inflation, pricing, and margin recovery, positioning the company for continued growth and profitability.
Efforts to enhance operational efficiency, pricing transparency, and trade optimization underscore B&G Foods' commitment to sustainable growth and financial stability.
Anticipated improvements in cash flow from operations and working capital trends in 2023 reflect a positive outlook for the company's financial performance and operational resilience.

B&G Foods reports strong Q1 results, focuses on margin improvement

B&G Foods delivered a solid performance in Q1 2023, showcasing growth in adjusted EBITDA and net sales. While facing challenges in sales volumes and pricing strategies, the company's focus on customer service and margin improvement positions it well for future opportunities. Managing leverage and pursuing asset sales strategy are key areas of focus for continued success.

B&G Foods reports robust Q2 performance amidst pricing challenges

B&G Foods navigated Q2 effectively, focusing on cost management and pricing strategies to mitigate challenges. With a strong cash flow position and plans for inventory reduction, the company remains on track to achieve fiscal year '23 guidance. Opportunities for growth and strategic evaluations present avenues for future success.

B&G Foods reports strong Q3 margins, divests Green Giant

B&G Foods showcased strong margin recovery and balance sheet improvements in Q3 2023, with a focus on reducing debt and enhancing cash efficiency.
While facing challenges in the Green Giant business, the company is strategically divesting to focus on higher valuation growth categories and improving margins.
Opportunities lie in focusing on higher-margin businesses, leveraging productivity improvements, and driving cost savings to navigate inflation and enhance profitability.
Overall, B&G Foods is positioned to drive financial health through strategic divestitures, operational optimizations, and a focus on margin expansion.

B&G Foods surpasses Q4 expectations, eyes growth through divestitures

B&G Foods delivered a solid performance in Q4 2023, exceeding expectations and showcasing stability and progress.
The company's strengths lie in strong margins, successful growth strategies, and improved cash flow.
Challenges include potential cost pressures and the need for continued business shaping efforts in 2024.
Opportunities for growth include portfolio reshaping, long-term strategic focus, and enhancing shareholder value.

B&G Foods Q1 2024: Portfolio Reshaping and Strategic Divestitures

B&G Foods' Q1 performance was slightly below expectations, with a focus on portfolio reshaping and divestitures.
Challenges include declining food service sales and working capital adjustments post-divestiture.
Opportunities lie in enhanced transparency, strategic divestitures, and post-pandemic adjustments.
Management is strategically aligning actions with long-term goals of growth and profitability.

B&G Foods meets Q2 expectations, focuses on high-margin segments

B&G Foods met Q2 expectations with stable net sales and adjusted EBITDA, but faced challenges in base business sales and Frozen & Vegetables segment.
The company is strategically reshaping its portfolio towards high-margin segments like spices and seasonings, aiming for long-term growth and profitability.
Despite industry challenges, B&G Foods remains focused on core businesses and anticipates improved performance in the back half of 2024.
Opportunities for growth exist through portfolio adjustments, focusing on high-margin segments, and anticipating a more favorable grocery retail environment.

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B&G Foods' (BGS) fourth-quarter 2020 results are likely to reflect increased demand stemming from pandemic-led higher at-home consumption.

B&G Foods (BGS) Lined Up for Q4 Earnings: Key Things to Note

In the latest trading session, B&G Foods (BGS) closed at $31.02, marking a -0.93% move from the previous day.

B&G Foods (BGS) Stock Moves -0.93%: What You Should Know

B&G Foods, Inc. (NYSE:BGS) is an American holding company for branded foods.

B&G Foods Stock Takes a Tumble Ahead of Quarterly Report

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) today explained the tax treatment for dividends paid in 2020 on the Company's common stock. Holders are urged to check their 2020 tax statements received from brokerage firms in order to ensure that the cash distribution information reported on such statements conforms to the information reported herein. Additional information concerning the tax treatment of dividends paid in 2020 is posted to the Investors section of B&G Fo

B&G Foods Announces Tax Treatment of Common Stock Dividends Paid in 2020

B&G Foods (BGS) closed the most recent trading day at $31.04, moving +0.49% from the previous trading session.

B&G Foods (BGS) Gains As Market Dips: What You Should Know

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that it intends to issue a press release with fourth quarter and fiscal year 2020 financial results after the market close on Tuesday, March 2, 2021. B&G Foods has scheduled a conference call at 4:30 p.m. ET that same day to discuss the results. Hosting the call will be David L. Wenner, Interim President and Chief Executive Officer and Bruce C. Wacha, Executive Vice President of Finance and Chief Financial Of

B&G Foods Announces Date of Fourth Quarter and Fiscal Year 2020 Earnings Conference Call

The firm is on the back of a very strong 2020.

B&G Foods: Strong Organic Growth Bolsters The 6% Dividend Yield

B&G will report finishing a record year later this month. The first quarter will have another record quarter despite turnover in the C-suite.

B&G Foods: Yield Dropping Below 6% Is Reason Enough To Lower My Rating

B&G Foods (BGS) closed the most recent trading day at $33, moving -0.42% from the previous trading session.

B&G Foods (BGS) Dips More Than Broader Markets: What You Should Know

B&G Foods (BGS) closed the most recent trading day at $32.49, moving -1.07% from the previous trading session.

B&G Foods (BGS) Stock Sinks As Market Gains: What You Should Know

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How Safe Is B&G Foods and Its Dividend?

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Why Shares of B&G Foods Rocketed as Much as 38% Today

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B&G Foods (BGS) Sees Hammer Chart Pattern: Time to Buy?

B&G Foods (BGS) is riding on pandemic-led higher at-home consumption, which is driving its retail business. Also, constant focus on strengthening the brand portfolio has been working well.

B&G Foods (BGS) Looks Promising on Rising Demand, Solid Brands

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News for B&G Foods Stock (BGS)