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B&G Foods Inc

B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. It operates through Specialty, Meals, Frozen & Vegetables, and Spices & Flavor Solutions segments. The company offers frozen and canned vegetables, vegetables, canola and other cooking oils, vegetable shortening, cooking sprays, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, crackers, baking powder and soda, corn starch, nut clusters, and other specialty products. It markets its products under various brands, including Crisco, Clabber Girl, Bear Creek, Polaner, Underwood, B&G, Grandma's, New York Style, B&M, Baker's Joy, Regina, TrueNorth, Static Guard, SugarTwin, Brer Rabbit, Ortega, Maple Grove Farms of Vermont, Cream of Wheat, Las Palmas, Victoria, Mama Mary's, Spring Tree, McCann's, Carey's, Vermont Maid, Green Giant, Dash, Spice Islands, Weber, Ac'cent, Tone's, Trappey's, Durkee, Wright's, B&G Sandwich Toppers, Bear Creek Country Kitchens, Canoleo, Cary's, Cream of Rice, Joan of Arc, MacDonald's, Molly McButter, New York Flatbreads, Old London, and Sa-són brands. The company sells and distributes its products directly, as well as through a network of independent brokers and distributors to supermarket chains, foodservice outlets, mass merchants, warehouse clubs, non-food outlets, and specialty distributors. The company was formerly known as B&G Foods Holdings Corp. and changed its name to B&G Foods, Inc. in October 2004. B&G Foods, Inc. was founded in 1889 and is headquartered in Parsippany, New Jersey.

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BGS

Canada seeks to block Nortera-B&G Foods deal

Canada’s Competition Bureau has asked the Competition Tribunal to stop Nortera Foods' planned purchase of B&G Foods' Green Giant and Le Sieur vegetable business in Canada. The Bureau said its investigation found the proposed transaction would weaken competition and likely lead to higher prices and fewer choices for staple items at the grocery store. It also asked the Tribunal to prevent the companies from closing the deal until a decision is issued. B&G Foods announced in October it was selling the Canadian businesses to Nortera as part of an effort to divest non-pivotal brands and reduce long-term debt. Nortera said it is reviewing the Bureau's position and remains in talks with B&G Foods regarding next steps.
Seeking Alpha·7dRead more ▾
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B&G Foods names Robert Mills as new CEO

B&G Foods has appointed Robert Mills as its new president and CEO, succeeding Casey Keller who retired last week. Mills, a board member since March 2018, takes the role with immediate effect as the Crisco and Ortega brand owner aims for sustainable long-term growth by reshaping its portfolio, improving margins and cash flow, and reducing debt. He joins from Tractor Supply Company where he was executive vice president and chief technology officer for digital and pet services. The leadership change follows first-quarter results that showed a net loss of $32.5 million and a 3.9% decline in sales revenue to $408.9 million.
Just Food·15dRead more ▾
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B&G Foods CEO Kenneth Keller to Retire, Successor Selected

B&G Foods announced that President and CEO Kenneth Keller will retire effective August 7, 2026, in a mutually agreed decision. The company has selected a successor from the senior leadership of another public company, though the identity and further details have not yet been disclosed. Shares were at $3.55 in pre-market trading, down 0.42 percent.
RTTNews·21dRead more ▾
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B&G Foods declares $0.095 quarterly dividend

B&G Foods declared a regular quarterly dividend of $0.095 per share, in line with the previous payout. The dividend carries a forward yield of 10.67% and is payable on October 30 to shareholders of record as of September 30, with the ex-dividend date also set for September 30.
Seeking Alpha·22dRead more ▾
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StockStory flags Jack in the Box, B&G Foods, and Somnigroup as cash-producing stocks to avoid

StockStory identified Jack in the Box, B&G Foods, and Somnigroup as cash-producing companies that may underperform despite generating free cash flow. Jack in the Box, with a trailing 12-month free cash flow margin of 3.2%, faces sluggish demand and ongoing restaurant closures. B&G Foods, at a 2.6% margin, has seen sales decline 5.4% annually over three years and carries a high net-debt-to-EBITDA ratio of 7 times. Somnigroup, with a 9.6% margin, posted slower revenue growth than consumer discretionary peers and shows diminishing returns on capital.
StockStory·47dRead more ▾
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Shelf-Stable Food Stocks Q1 Highlights: Hormel Foods

Shelf-stable food stocks reported mixed first-quarter results, with revenues in line with analysts' consensus estimates but next quarter's revenue guidance coming in 11.6% below expectations. Hormel Foods posted revenues of $2.97 billion, up 2.5% year on year, matching expectations and delivering strong beats on EBITDA and gross margin estimates. Hershey outperformed with revenues of $3.10 billion, up 10.6% year on year, exceeding expectations by 2.4% and beating EBITDA and organic revenue estimates. BellRing Brands was the weakest performer, with revenues of $598.7 million, up 1.8% year on year, missing expectations by 1.7% and issuing full-year EBITDA guidance significantly below estimates. B&G Foods topped expectations by 2.4% with revenues of $408.9 million, down 3.9% year on year, and achieved the highest full-year guidance raise among its peers. Campbell's missed expectations by 0.6% with revenues of $2.37 billion, down 4.4% year on year, in a mixed quarter that included a narrow EBITDA beat.
Yahoo Finance·51dRead more ▾
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Zacks Highlights Albertsons, B&G Foods, and Nomad Foods as Undervalued Consumer Staples Buys

Zacks Investment Research identifies Albertsons, B&G Foods, and Nomad Foods as undervalued consumer staples stocks offering dividend yields above 3% and defensive safety amid market volatility. Albertsons trades at $13 a share and roughly 6 times forward earnings with a 5% dividend yield, while B&G Foods stands at $4 a share and 7 times forward earnings with an 18% yield. Nomad Foods is priced around $11 a share and 6 times forward earnings, providing a 6% yield. All three carry a Zacks Rank #2 (Buy) and are seen as attractively valued plays for income-focused investors seeking portfolio stability.
Zacks Investment Research·58dRead more ▾
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Canada imposes temporary 10% safeguard tariff on canned vegetable imports

Canada has imposed a temporary 10% safeguard tariff on imports of canned vegetables to protect domestic growers and food processors. The measure took effect on June 19 and will remain in place for up to 200 days, following an investigation into possible trade diversion. The tariff does not apply to imports from the United States, Mexico, Israel, Chile, or developing countries, in compliance with Canada's international trade obligations. The action comes amid concerns that shifting global trade flows could increase canned vegetable imports and harm domestic producers.
Investing.com·68dRead more ▾
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B&G Foods and Nomad Foods earn top value grades and Zacks Rank #2

Zacks Investment Research highlights B&G Foods and Nomad Foods Limited as strong value stocks, each carrying a Zacks Rank #2 (Buy) and an A for Value. B&G Foods trades at a P/E ratio of 7.92 versus its industry average of 14.11, and a price-to-book ratio of 0.74 compared to the industry's 1.65. Nomad Foods Limited holds a P/B ratio of 0.70 against the same industry average of 1.65. Both companies appear undervalued on these metrics and stand out for their solid earnings outlooks.
Zacks·69dRead more ▾