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

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 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) is encountering escalated cost concerns. Management expects to keep seeing significant cost inflation for inputs, such as ingredients, packaging and transportation.

B&G Foods (BGS) Stock Declines 13% YTD on Cost Inflation

B&G Foods ( BGS , Financial) is an interesting small-cap food company that generally flies under the radar, except for those investors that are seeking high dividend yields.

B&G Foods: High Dividend Yield But Always Levered

First Spreadable Version of The Flavor of The Popular Breakfast Cereal Set to Delight Fans PARSIPPANY, N.J., March 21, 2022 /PRNewswire/ -- B&G Foods announced today the launch of Cinnamon Toast Crunch™ Creamy Cinnamon Spread, the first opportunity for consumers to spread, swirl and drizzle the flavor of the beloved cereal on just about anything.

Cinnamon Toast Crunch™ Creamy Cinnamon Spread Launching This Month

B&G Foods' (BGS) fourth-quarter fiscal 2021 results reflect year-over-year growth in earnings and sales. Gains from Crisco's buyout and high demand aid the company amid high input costs and supply-chain challenges.

B&G Foods (BGS) Q4 Earnings Lag Estimates: Input Costs High

B&G Foods (BGS) delivered earnings and revenue surprises of -7.14% and 2.33%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

B&G Foods (BGS) Q4 Earnings and Revenues Lag Estimates

B&G Foods, Inc. (BGS) CEO Kenneth Keller on Q4 2021 Results - Earnings Call Transcript

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) today announced financial results for the fourth quarter and full year 2021. Results for fiscal 2021 reflect the impact of one fewer reporting week compared to fiscal 2020. Fiscal 2021 contained 52 weeks and fiscal 2020 contained 53 weeks, with the extra week in fiscal 2020 occurring in the third quarter. The fourth quarters of 2021 and 2020 each contained 13 weeks. Summary                               Fourth Quarter of 2021

B&G Foods Reports Financial Results for Fourth Quarter and Full Year 2021

B&G Foods' (BGS) fourth-quarter 2021 results are likely to reflect gains from high demand and prudent buyouts, while cost inflation is a concerning factor.

B&G Foods (BGS) to Post Q4 Earnings: What's in the Offing?

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) today explained the tax treatment for dividends paid in 2021 on the Company's common stock. Holders are urged to check their 2021 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 2021 is posted to the Investors section of B&G Fo

B&G Foods Announces Tax Treatment of Common Stock Dividends Paid in 2021

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 2021 financial results after the market close on Tuesday, March 1, 2022. 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 Casey Keller, President and Chief Executive Officer and Bruce Wacha, Executive Vice President of Finance and Chief Financial Officer. The ear

B&G Foods Announces Date of Fourth Quarter and Fiscal Year 2021 Earnings Conference Call

Expect B&G to report record revenues in Q4 and full-year 2021.

B&G Foods: Holidays, Crisco Acquisition And COVID-19 Should Contribute To Full-Year Record Results

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B&G Foods (BGS) is actively pursuing strategic acquisitions to boost growth. However, input cost inflation and higher SG&A expenses are a concern.

Prudent Acquisitions Aid B&G Foods (BGS), High Costs Persist

PARSIPPANY, N.J., Jan. 11, 2022 /PRNewswire/ --  Ortega ® , a leading brand of Mexican food products including taco shells, taco kits, Mexican seasonings, peppers and the number-one-selling brand of taco sauce in the United States and proud partner of St. Jude Children's Research Hospital® , announced today that the brand will feature St. Jude patient artwork on Ortega® Yellow Corn Taco Shells sold nationwide early this year.

Ortega® Partners with St. Jude Children's Research Hospital® to Feature Patient Artwork on Limited-Edition Packaging

B&G Foods could ride the wave of higher food prices to better operating results in 2022-23. The dividend rate of 6% is desirable for income investors, especially if earnings and cash flow improve to better cover payments.

B&G Foods: A Speculative Dividend Play, Backed By Food Inflation

B&G Foods (BGS) is actively pursuing strategic acquisitions to boost growth. However, escalated raw materials and transportation expenses are a concern.

Pandemic-Led Demand Boosts B&G Foods (BGS), High Costs Hurt

PARSIPPANY, N.J., Nov. 10, 2021 /PRNewswire/ -- Green Giant ® , the iconic brand synonymous with delicious and high-quality vegetables for families, revealed today a new campaign that has the brand reimagining popular Thanksgiving side dishes – green bean and corn casseroles - as ugly holiday sweaters.

Green Giant® Serves Up Bold Thanksgiving Fashion with Ugly Casserole Sweater Giveaway

B&G Foods' (BGS) third-quarter fiscal 2021 results reflect lower earnings. Input cost inflation hurts quarterly results, while higher demand was a tailwind.

B&G Foods (BGS) Q3 Earnings Miss Estimates, Sales Up Y/Y

B&G Foods, Inc. (BGS) CEO Casey Keller on Q3 2021 Results - Earnings Call Transcript

B&G Foods (BGS) delivered earnings and revenue surprises of -1.79% and 4.09%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

B&G Foods (BGS) Q3 Earnings Miss Estimates

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) today announced financial results for the third quarter and first three quarters of 2021. Results for the third quarter of 2021 and the first three quarters of 2021 each reflect the impact of one fewer reporting week compared to the third quarter and first three quarters of 2020. Third Quarter 2021 Summary (vs. Third Quarter of 2020 and vs. Third Quarter 2019 for two-year annual compound growth rates, where applicable): Net sale

B&G Foods Reports Financial Results for Third Quarter 2021

B&G Foods' (BGS) third-quarter performance is likely to have been affected by higher input costs, such as raw materials and transportation.

B&G Foods (BGS) Queued Up for Q3 Earnings: Key Aspects to Note

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that it intends to issue a press release with third quarter 2021 financial results after the market close on Thursday, November 4, 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 Casey Keller, President and Chief Executive Officer and Bruce Wacha, Executive Vice President of Finance and Chief Financial Officer. The earnings press r

B&G Foods Announces Date of Third Quarter 2021 Earnings Conference Call

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B&G Foods has had a generally attractive if volatile, track record in recent years. Lately, performance has been appealing, but some weakness was revealed in the latest quarter.

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