Welcome to our dedicated page for B & G Foods news (Ticker: BGS), a resource for investors and traders seeking the latest updates and insights on B & G Foods stock.
B&G Foods, Inc. manufactures, sells and distributes branded shelf-stable and frozen foods in the United States, Canada and Puerto Rico. News about BGS centers on quarterly results, dividend declarations, portfolio changes and brand activity across products such as vegetables, cooking oils, cereals, sauces, spices, seasonings, broths and stocks.
The company’s updates also cover acquisitions and divestitures within its packaged-food portfolio, including the completed addition of the College Inn and Kitchen Basics broth and stock brands. Brand-level announcements include consumer marketing for names such as Ortega, while financial releases discuss sales trends, pricing, volume, adjusted EBITDA and cash-flow measures.
B&G Foods (NYSE: BGS) reported second quarter 2026 net sales of $383.3 million, down 9.7% year over year, reflecting divestitures including Green Giant U.S. frozen, Le Sueur U.S. and Don Pepino, partly offset by new co‑manufacturing revenue and the College Inn and Kitchen Basics acquisition.
Base business net sales fell 2.9% in the quarter but were roughly flat year to date. Second quarter net loss narrowed to $4.0 million (‑$0.05 per diluted share), while adjusted net income rose to $4.9 million and adjusted diluted EPS to $0.06. Adjusted EBITDA increased to $60.4 million, with margin improving to 15.8% from 13.7%, helped by portfolio mix changes and tariff refunds, and SG&A fell 14.0%.
For the first two quarters of 2026, net sales declined 6.8% to $792.2 million, with a net loss of $36.5 million, mainly due to a $36.3 million loss on sale of assets tied to the Green Giant U.S. frozen divestiture. The company reaffirmed full‑year 2026 guidance for net sales of $1.735–$1.775 billion, adjusted EBITDA of $275–$290 million, and adjusted EPS of $0.575–$0.675. B&G Foods also completed a $475 million 11.00% senior notes due 2031 offering to refinance 5.25% senior notes due 2027.
B&G Foods (NYSE: BGS) appointed Robert “Rob” D. Mills as President and Chief Executive Officer, effective immediately, following the retirement of Casey Keller as CEO and director. Mills has served on B&G Foods’ Board since March 2018 and brings more than 20 years of operating and leadership experience.
According to B&G Foods, Mills’ background spans corporate strategy, M&A, business development and large-scale transformation, including senior roles at Tractor Supply Company (NASDAQ: TSCO). As CEO, his priorities include execution, operating discipline, debt reduction, portfolio reshaping, and using digital, data, technology and AI to drive growth and productivity.
B&G Foods (NYSE: BGS) announced that President and Chief Executive Officer Kenneth C. “Casey” Keller plans to retire after five years in the role. His retirement as CEO and director will be effective August 7, 2026, though he will continue assisting the leadership transition.
Guided by its succession planning, the Board has selected a successor, currently a senior leader at another public company, who has accepted the offer. At the successor’s request, B&G Foods has not yet disclosed his identity and expects to announce the incoming CEO and additional transition details shortly.
B&G Foods (NYSE: BGS) declared a regular quarterly cash dividend of $0.095 per common share, payable on October 30, 2026 to shareholders of record on September 30, 2026. At the August 4, 2026 closing price, this dividend rate equals an annualized yield of 10.7%, marking the company’s 88th consecutive quarterly dividend since its October 2004 IPO.
B&G Foods (NYSE: BGS) plans to release its second quarter 2026 financial results after the market close on Tuesday, August 11, 2026. The company will host an earnings conference call at 4:30 p.m. ET that same day, led by President and CEO Casey Keller and EVP of Finance and CFO Bruce Wacha. The earnings release and a live audio webcast, as well as a replay, will be available through the investor relations section of the company’s website.
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B&G Foods (NYSE:BGS) priced an offering of $475 million aggregate principal amount of 11.00% senior notes due 2031, issued at 97.67%.
According to B&G Foods, expected net proceeds of about $456.3 million will help redeem $509.3 million of 5.25% senior notes due 2027, with closing targeted for June 10, 2026.
B&G Foods (NYSE:BGS) plans a private offering of $475 million senior notes due 2031, subject to market conditions. The notes will be senior unsecured and guaranteed by certain domestic subsidiaries.
According to B&G Foods, net proceeds, cash on hand and revolver borrowings will fund redemption of $509.3 million 5.25% senior notes due 2027 and related costs.
B&G Foods (NYSE:BGS) reported Q1 2026 net sales of $408.9 million, down 3.9% year over year, with base business net sales up 2.8% to $365.1 million. The company posted a net loss of $32.5 million (–$0.41 per diluted share) and adjusted net income of $6.8 million ($0.08 per adjusted diluted share). Adjusted EBITDA was $57.6 million, down 2.5%, or 14.1% of net sales. Results reflect the divestiture of Green Giant U.S. frozen and acquisition of College Inn and Kitchen Basics. Full-year 2026 guidance was revised to net sales of $1.735–$1.775 billion, adjusted EBITDA of $275–$290 million, and adjusted EPS of $0.575–$0.675. The annual dividend rate was cut from $0.76 to $0.38 per share.
B&G Foods (NYSE:BGS) declared a quarterly cash dividend of $0.095 per share, payable July 30, 2026 to stockholders of record on June 30, 2026.
The new intended annual dividend rate is $0.380 per share, a 7.5% yield at May 11, 2026’s closing price, marking the 87th consecutive quarterly dividend. The Board reduced the dividend rate while reaffirming its dividend policy, aiming to lower leverage, support refinancing upcoming debt maturities and retain more excess cash for debt repayment or other business needs.