Earnings summaries and quarterly performance for B&G Foods.
Executive leadership at B&G Foods.
Casey Keller
Detailed
President and Chief Executive Officer
CEO
AV
Andrew Vogel
Detailed
Executive Vice President and President of Meals and Interim President of Spices & Flavor Solutions
BW
Bruce Wacha
Detailed
Executive Vice President of Finance and Chief Financial Officer
ES
Ellen Schum
Detailed
Executive Vice President and President of Specialty
EH
Eric Hart
Detailed
Executive Vice President of Human Resources and Chief Human Resources Officer
KT
Kristen Thompson
Detailed
Senior Vice President and President of Frozen & Vegetables
MS
Martin Schoch
Detailed
Executive Vice President of Supply Chain
SL
Scott Lerner
Detailed
Executive Vice President, General Counsel, Secretary and Chief Compliance Officer
Board of directors at B&G Foods.
Research analysts who have asked questions during B&G Foods earnings calls.
Karru Martinson
Jefferies
4 questions for BGS
Also covers: ARKO, HLF, RAC +1 more
Robert Moskow
TD Cowen
4 questions for BGS
Also covers: BRBR, BYND, CAG +27 more
DP
David Palmer
Evercore ISI
3 questions for BGS
Also covers: BRBR, CAG, CMG +21 more
HH
Hale Holden
Barclays
3 questions for BGS
Also covers: ACCO, ARKO, CENT +2 more
ML
Michael Lavery
Piper Sandler & Co.
3 questions for BGS
Also covers: BYND, CELH, CGC +25 more
WR
William Reuter
Bank of America
3 questions for BGS
Also covers: ACCO, ADV, ARKO +11 more
Andrew Lazar
Barclays PLC
2 questions for BGS
Also covers: BRBR, CAG, CPB +15 more
CC
Carla Casella
JPMorgan Chase & Co.
2 questions for BGS
Also covers: CENT, COTY, CRI +14 more
Scott Marks
Jefferies
2 questions for BGS
Also covers: CAG, FLO, GIS +14 more
Robert Dickerson
Jefferies
1 question for BGS
Also covers: JJSF, K, KLG +11 more
RR
Robert Rigby
Bank of America
1 question for BGS
Also covers: HLF
Recent press releases and 8-K filings for BGS.
B&G Foods Announces Agreement to Acquire College Inn and Kitchen Basics Brands
BGS
M&A
New Projects/Investments
Guidance Update
- B&G Foods, Inc. has entered into an agreement to acquire the College Inn and Kitchen Basics broth and stock brands from Del Monte Foods Corporation II Inc. for approximately $110 million in cash, subject to an inventory adjustment and assumption of certain liabilities.
- The acquisition is expected to close during the first quarter of 2026, pending Bankruptcy Court approval and other closing conditions, and is anticipated to be immediately accretive to B&G Foods' earnings per share, adjusted EBITDA, and free cash flow.
- On an annualized basis, B&G Foods projects the acquired brands to generate net sales between $110 million and $120 million, adjusted EBITDA between $18 million and $22 million, and adjusted diluted earnings per share between $0.08 and $0.12.
- B&G Foods expects to realize approximately $15 million in tax benefits due to the asset purchase structure and plans to fund the acquisition with cash on hand and revolving loans under its existing credit facility.
Jan 16, 2026, 9:05 PM
B&G Foods to Acquire College Inn and Kitchen Basics Brands
BGS
M&A
- B&G Foods, Inc. (NYSE: BGS) has entered into an agreement to acquire the broth and stock business of Del Monte Foods Corporation II Inc. and its affiliates.
- The acquisition includes the College Inn® and Kitchen Basics® brands.
- The purchase price is approximately $110 million in cash, subject to an inventory adjustment at closing, and the assumption of certain liabilities.
Jan 15, 2026, 1:07 PM
B&G Foods Reports Q3 2025 Results and Updates Full-Year Guidance
BGS
Earnings
Guidance Update
M&A
- B&G Foods reported Q3 2025 net sales of $439.3 million, a 4.7% decrease year-over-year, with base business net sales down 2.7%. Adjusted EBITDA was $70.4 million, flat year-over-year, and adjusted diluted EPS was $0.15.
- The company revised and narrowed its fiscal year 2025 guidance, projecting net sales between $1.82 billion and $1.84 billion, adjusted EBITDA between $273 million and $280 million, and adjusted diluted EPS between $0.50 and $0.58.
- B&G Foods continued its portfolio reshaping with completed divestitures of Don Pepino, Sclafani, and LeSueur U.S. brands, and a pending sale of its Canadian Green Giant business. These actions aim to reduce the consolidated leverage ratio from 6.88 times in Q3 2025 to approximately six times by mid-2026.
- The company is implementing a $10 million cost savings initiative for the second half of 2025, with an anticipated annual run rate of $15 million-$20 million in savings.
Nov 5, 2025, 9:30 PM
B&G Foods Reports Q3 2025 Financial Results and Narrows Full-Year Guidance
BGS
Earnings
Guidance Update
M&A
- B&G Foods reported net sales of $439.3 million for Q3 2025, a 4.7% decrease from Q3 2024, and $1,289.1 million for the first three quarters of 2025, a 6.6% decrease from the prior year period.
- The company posted a net loss of $19.1 million (or $(0.24) per diluted share) for Q3 2025, largely impacted by $26.0 million in impairment charges for intangible trademark assets and $27.8 million for assets held for sale related to Green Giant Canada.
- Adjusted diluted EPS for Q3 2025 increased 15.4% to $0.15, and Adjusted EBITDA was $70.4 million, a 0.1% increase compared to Q3 2024.
- For the full fiscal year 2025, B&G Foods narrowed its guidance, projecting net sales between $1.82 billion and $1.84 billion, Adjusted EBITDA between $273.0 million and $280.0 million, and adjusted diluted EPS between $0.50 and $0.58.
Nov 5, 2025, 9:06 PM
B&G Foods to Sell Canadian Green Giant and Le Sieur Brands to Nortera Foods
BGS
M&A
Profit Warning
- B&G Foods has agreed to sell its Canadian Green Giant and Le Sieur frozen and shelf-stable vegetable product lines to Nortera Foods, with the transaction expected to close by early 2026 pending regulatory approval.
- This divestiture is part of B&G Foods' strategy to divest non-core brands and reduce long-term debt, with proceeds intended for debt repayment and business asset acquisitions.
- Nortera Foods, which has been the primary co-manufacturer of these brands in Canada for 30 years, will continue production at its facilities.
- Separately, B&G Foods missed its second-quarter 2025 earnings per share (EPS) and revenue forecasts, reporting an EPS of $0.04 compared to the anticipated $0.06.
Oct 27, 2025, 12:42 PM
B&G Foods announces agreement to sell Canadian Green Giant and Le Sieur brands
BGS
M&A
Debt Issuance
- B&G Foods, Inc. (BGS) has entered into an agreement to sell its Green Giant and Le Sieur frozen and shelf-stable vegetable product lines in Canada to Nortera Foods.
- The sale is anticipated to close in the fourth quarter of 2025 or the first quarter of 2026, subject to regulatory approval and customary closing conditions.
- Proceeds from the sale are intended for general corporate purposes, including the repayment of long-term debt, and this divestiture aligns with B&G Foods' strategy to sell non-core brands and reduce debt.
- B&G Foods also continues to evaluate a possible divestiture of its Green Giant U.S. frozen vegetable product line.
Oct 27, 2025, 12:30 PM
B&G Foods Outlines Strategy for Portfolio Transformation and Debt Reduction
BGS
M&A
Debt Issuance
Revenue Acceleration/Inflection
- B&G Foods is actively transforming its portfolio by divesting non-core assets, including the remaining Green Giant businesses (US Frozen and Canadian), which are in advanced discussions for potential 2025 transactions. The company aims to focus on spices and seasonings, meals, and baking staples.
- The company reported sequential improvement in sales, with Q1 down 9%, Q2 down 4%, and the first two months of Q3 down between 1% and 2%. Management expects organic sales to be down low single-digits in the back half of FY 2025, with a 53rd week in Q4 contributing to flat or positive performance.
- B&G Foods plans to reduce its net debt to EBITDA from nearly 7x to approximately 6x within the next 12 months. This deleveraging is expected to come from the Green Giant divestiture (half a turn), improved business performance (one-third of a turn), and excess cash/working capital optimization (one-tenth to two-tenths of a turn).
- The long-term financial algorithm for the remaining portfolio (spices, seasonings, meals, and baking staples) is to achieve 1% top-line growth and 2% bottom-line growth.
Sep 3, 2025, 10:20 PM
B&G Foods Reports Q4 and Full-Year 2024 Results, Provides 2025 Guidance
BGS
Earnings
Guidance Update
M&A
- B&G Foods reported Q4 2024 net sales of $551.6 million and Adjusted EBITDA of $86.1 million, indicating sequential improvement from prior quarters. For the full fiscal year 2024, net sales were $1.932 billion and Adjusted EBITDA was $295.4 million.
- The company projects fiscal year 2025 net sales in the range of $1.89 billion to $1.95 billion and Adjusted EBITDA between $290 million and $300 million. Adjusted diluted earnings per share are expected to be $0.65 to $0.75.
- B&G Foods is committed to reshaping its portfolio, including finalizing the strategic review of its frozen and remaining canned vegetable businesses for possible divestiture. The company aims for Adjusted EBITDA as a percentage of net sales to approach 20% and lower leverage closer to five times.
- The company reduced its net debt to $1.994 billion by the end of Q4 2024 and redeemed $265 million of senior notes due April 2025, with the next maturity in September 2027.
Feb 25, 2025, 9:30 PM
Quarterly earnings call transcripts for B&G Foods.
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