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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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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Is BG Foods (BGS) a great pick from the value investor's perspective right now? Read on to know more.

Is BG Foods (BGS) a Suitable Stock for Value Investors?

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B&G Foods (BGS) is benefiting from rising demand amid the pandemic-led increased at-home consumption. Also, the company's buyouts have been yielding results.

4 Reasons Why B&G Foods is Set to Keep its Robust Show On

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BGS yields 7.02%, and goes ex-dividend at the end of September.

B&G Foods: 7% Yield, Big 2020 Growth, But Still Cheaper Than Peers

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B&G Foods (BGS) reported earnings 30 days ago. What's next for the stock?

Why Is B&G Foods (BGS) Up 13.6% Since Last Earnings Report?

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods announced today it is voluntarily recalling 1,502 cases of a single date code of 6 oz.

B&G Foods Issues Voluntary Allergy Alert on Undeclared Milk in a Limited Number of Boxes of Back to Nature® Organic Rosemary & Olive Oil Stoneground Wheat Crackers

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B&G Foods (BGS) gains on robust demand amid coronavirus-led increased at-home consumption and pantry-loading trends. Also, buyouts have been yielding results.

B&G Foods (BGS) More Than Doubles in 6 Months on Solid Demand

Strong Results Push B&G Foods To 19-Month High

"I think post-Covid, people will be working more at home, which means people will be eating more breakfast" and other meals at home, B&G CEO Ken Romanzi said.

B&G Foods CEO expects pantry demand to hold up post-pandemic

B&G Foods' (BGS) second-quarter 2020 results reflect strong growth in top and bottom lines. The burgeoning pandemic-led demand and gains from buyouts like Clabber Girl boost results.

B&G Foods (BGS) Q2 Earnings Top Estimates on Robust Demand

The company has witnessed "unprecedented" demand for its packaged and canned goods.

Coronavirus Pandemic to Cause B&G Foods' Full-Year Sales to "Materially Exceed" Guidance

B&G Foods, Inc. (BGS) CEO Ken Romanzi on Q1 2020 Results - Earnings Call Transcript

B&G Foods (BGS) delivered earnings and revenue surprises of 14.52% and 0.58%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

B&G Foods (BGS) Q2 Earnings and Revenues Top Estimates

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc.

B&G Foods Reports Strong Net Sales and Earnings Growth for Second Quarter 2020

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B&G Foods (BGS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

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B&G Foods' (BGS) second-quarter results are likely to reflect higher demand amid coronavirus-led increased at-home consumption. Also, the company's pricing strategy and saving efforts bode well.

Here's How B&G Foods (BGS) Looks Just Ahead of Q2 Earnings

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B&G Foods (BGS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for B&G Foods Stock (BGS)