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 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

Earnings data Q4 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.

B&G Foods reports Q3 challenges, focuses on reshaping for growth

B&G Foods faced challenges in Q3 2024 with lower-than-expected net sales and adjusted EBITDA, impacted by inventory adjustments and competitive pricing pressures. Despite these challenges, the company demonstrated strengths in its Spices & Flavor Solutions segment and strategic focus on reshaping the portfolio for future growth.
Opportunities lie in driving growth through key brands like Crisco and Ortega, as well as leveraging inventory rebalancing benefits for improved working capital. To address challenges and capitalize on opportunities, B&G Foods aims for gradual recovery and stabilization in fiscal year 2025.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

B&G Foods (BGS) has been seeing robust demand increases in its retail business due to pandemic-led elevated at-home trends. This is helping the company offset foodservice declines.

B&G Foods Poised on Retail Demand Amid Foodservice Declines

Calavo Growers

Macerich

PetMed Express

Smith & Wesson Brands

Small-cap stocks that pay dividends can offer huge opportunities to investors. Find out which stocks have growth potential and relative stability.

The 5 Best Small-Cap Stocks for Dividends

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods announced today it is voluntarily recalling a very limited number of boxes of a single date code of 6 oz. Back to Nature Organic Rosemary & Olive Oil Stoneground Wheat Crackers, with a “best by” date of APR 25 2021, after learning that a very limited number of the cracker boxes were inadvertently filled with foil wrapped pouches of peanut butter cookies, which contain peanut, an allergen undeclared on the label. People who have an allergy or

B&G Foods Issues Voluntary Allergy Alert for a Limited Number of Boxes of Back to Nature® Organic Rosemary & Olive Oil Stoneground Wheat Crackers Containing Peanut Butter Cookies

B&G Foods (BGS) closed at $28.20 in the latest trading session, marking a -0.46% move from the prior day.

B&G Foods (BGS) Stock Moves -0.46%: What You Should Know

Agilent Technologies

Ameren

Federal Agricultural

Allegion

AvalonBay Communities

Brookfield Asset Management

Berkshire Hills Bancorp

Bank of South Carolina

Brookfield Property Partners

Brookfield Property Partners L.P.

Brookfield Property Partners L.P. - 6.50% PRF PERPETUAL USD 25 - Ser 1 Cls A

BancorpSouth Bank

Crown Castle International

C&F Financial

CareTrust REIT

Dillard's

Dollar General

Quest Diagnostics

Amdocs

Domino's Pizza

Meridian Bancorp

Enterprise Financial Services

EastGroup Properties

A weekly summary of dividend activity for Dividend Challengers.

Dividend Challenger Highlights: Week Of September 27

B&G Foods has benefited along with peers from increased eating at home amid COVID-19, but does that make the stock a buy?

B&G Foods in 4 Charts

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?

Hain Celestial Group

MGE Energy

MYR Group

Otter Tail

With September's volatility being no match for what's coming with the presidential election, it's prudent to invest in stocks that provide risk-adjusted returns.

Fretting Over Market Pullback as Election Nears? 5 Safe Picks

Arbor Realty Trust

Global X SuperDividend Alternatives ETF

Global X SuperDividend US ETF

Delek Logistics Partners

Janus Henderson Group

PBF Logistics

Global X Superdividend ETF

SPDR Portfolio S&P 500 High Dividend ETF

WBI Power Factor High Dividend ETF

High-yield dividend ETFs and stocks play a defensive role in a portfolio and can reduce volatility in turbulent times.

5 High-Yield Dividend ETFs & Stocks to Buy Now

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

Bank of Nova Scotia

Prudential Financial

Valero Energy

W. P. Carey

Interest rates continue to plunge, and for income investors that count on dividends, these are difficult times.

5 Surprising Stocks to Buy Now That All Pay at Least a 6% Dividend

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

Compass Diversified Holdings

Medley Capital

Top Ranked Income Stocks to Buy for September 11th

Amkor Technology

EMCOR Group

Service Corp

AT&T

It has been a while since a significant down day in the markets, but it looks like we may finally have one today with the markets lower, especially in tech. Our deep learning algorithms at Q.ai have used Artificial Intelligence (“AI”) technology to identify several Top Buys today.

Top Stocks To Buy Today As Markets Start To Pull Back

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

Chesapeake Utilities

Flowers Foods

Humana

With the markets gyrating on Fed's cautious view, investors should build a strategy on low-risk assets and a combination of parameters that lead to better returns.

Play Safe as Fed Paints a Gloomy Economic Outlook: 5 Picks

QUALCOMM

Walmart

It might be best to find stable stocks that offer solid dividend yields. So let's examine three highly-ranked stocks from three different industries that fit the bill.

3 Strong, Diverse Dividend Stocks to Buy with Market at New Highs

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

News for B&G Foods Stock (BGS)