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

ALLETE

CenterPoint Energy

McCormick

Merck

With Wall Street seeing its worst one-day selloff on Jan 27 since October 2020 and with the bearish trend likely to continue, it's safe to bet on stocks like Allete (ALE), B&G Foods (BGS) and Merck (MRK).

Wall Street Just Got Hammered: Grab 5 Ultra-Safe Stocks Now

BlackBerry

iRobot

Momentum traders are behind the stock price moves for these three companies.

Why BlackBerry, iRobot, and Even B&G Foods Stocks All Popped Today

There was no particular news out of the company, so what exactly is going on with B&G's stock?

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

Artisan Partners Asset Management

Canadian Imperial Bank of Commerce

Annaly Capital

Top Ranked Income Stocks to Buy for January 25th

Hain Celestial Group

Nestle SA

Target

E-commerce has been driving grocery sales during the pandemic, which has been helping companies like Target Corporation (TGT), The Hain Celestial Group (HAIN) and BG Foods (BGS)

Online Grocery Sales to Grow on Coronavirus Fears: 4 Winners

B&G Foods (BGS) has been struggling lately, but the selling pressure may be coming to an end soon.

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

Ellington Financial

Gladstone Commercial

Top Ranked Income Stocks to Buy for January 19th

Sprouts Farmers Markets

Hostess Brands

Companies like BG Foods (BGS), Hain Celestial Group (HAIN) and Sprouts Farmers Market (SFM) are likely to gain on coronavirus fears.

4 Food Stocks to Buy as Coronavirus Takes a Worse Turn

Hershey

Monster Beverage

Utz Brands

Demand for consumer staples seems poised to remain stable as the pandemic drove certain changes, making it prudent to invest in names like Monster Beverage (MNST) and Utz Brands (UTZ).

4 Stocks to Tap Pandemic-Led Online Shift in Consumer Staples

AllianceBernstein Hld

Vodafone Group

Top Ranked Income Stocks to Buy for January 13th

Boise Cascade

Jabil

Mueller Industries

Smith & Wesson Brands

Safe bets are the way to go in an over-heated market.

5 Strong Buy Stocks at Attractive Valuations

PennyMac Mortgage Investment

Sunoco

Tsakos Energy Navigation Limited

Top Ranked Income Stocks to Buy for January 11th

Preferred Apartment Communities

Vici Properties

Top Ranked Income Stocks to Buy for January 7th

Companies BG Foods (BGS), Hain Celestial Group (HAIN) and Sprouts Farmers Market (SFM) are likely to benefit in the near term given that the coronavirus fears might once again compel people to stockpile on food items.

4 Food Stocks to Buy as Coronavirus Fears Rise Again

Green Thumb Industries Inc.

AT&T

Add these dirt cheap stocks to your list of buys for the new year.

Got $1,000? These Bargain Stocks Are Begging to Be Bought

Etsy

LaZBoy

Wayfair

We shortlisted five retail stocks, namely B&G Foods (BGS), Sprouts Farmers Market (SFM), Etsy (ETSY), LaZBoy (LZB) and Wayfair (W) to cash in on the upswing in e-commerce.

Shoppers Spend Widely to Aid Holiday Retail Sales & E-Commerce

Extra Space Storage

Portland General Electric

Several factors point to a major pullback in the S&P 500 during 2021. This, in turn, calls for investment in safe-haven bets like B&G Foods (BGS), Extra Space Storage (EXR) and Portland General Electric Co (POR).

Is S&P 500 Due for a Major Pullback? These 3 Ultra-Safe Stocks Don't Care

Medifast

United Natural Foods

Several food companies are gaining on higher at-home consumption amid the pandemic. Also, focus on innovation and other brand-building efforts has been backing growth for B&G Foods (BGS), Hain Celestial (HAIN), Medifast (MED) and United Natural (UNFI).

4 Food Stocks Up More Than 50% in 2020 With Room to Grow

Companies like Target Corporation (TGT), Hain Celestial (HAIN) and BG Foods (BGS) have been benefiting during the pandemic because of a strong online presence.

Online Grocery Sales Rise in November: 4 Stocks to Buy

Church & Dwight

Home Depot

The pick-up in stay-at-home trends has led to increased DIY activities like cooking, home improvement and self-care. This has been working well for companies like B&G foods (BGS), Home Depot (HD) and Church & Dwight (CHD), which offer products relevant to such trends.

3 Stocks to Keep Soaring as the 'Do-it-Yourself' Trend is Likely to Stay

Dropbox

Lincoln Educational Services

Target (TGT), B&G Foods (BGS), Dropbox (DBX) and Lincoln Education Services (LINC) are playing an instrumental role in transforming people's lives amid the coronavirus pandemic.

4 Promising Stocks That Are Transforming the Way We Function

B&G Foods (BGS) has been benefiting from rising coronavirus-induced demand and strength in its brand portfolio. Solid demand trends are likely to stay in 2021.

3 Reasons Why B&G Foods (BGS) Can be a Delectable Pick for 2021

Delek Logistics Partners

Top Ranked Income Stocks to Buy for December 23rd

Favorable demand stemming from at-home dining practices amid the coronavirus pandemic is a boon for stocks like Hain Celestial (HAIN), B&G Foods (BGS) and United Natural Foods (UNFI).

News for B&G Foods Stock (BGS)