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 third-quarter 2026 net sales of $459.8 million, alongside a wider net loss and higher adjusted earnings. Sales rose 4.7% from a year earlier, while base business sales increased 5.0%. The net loss widened to $32.5 million, or $0.40 per diluted share, from $19.1 million, or $0.24. Adjusted diluted earnings rose to $0.21 from $0.15, and adjusted EBITDA, an adjusted earnings measure, increased 16.2% to $81.8 million.
For the first three quarters, sales fell 2.9% to $1,252.0 million, while the net loss widened to $69.0 million. Third-quarter results included a $40.7 million non-cash trademark impairment tied to the fourth-quarter divestiture of B&M and Joan of Arc. The company raised its full-year sales outlook to $1.760 billion–$1.800 billion and adjusted EBITDA outlook to $280.0 million–$290.0 million, while reaffirming adjusted diluted earnings guidance of $0.575–$0.675 per share.
B&G Foods (NYSE: BGS) declared a regular quarterly cash dividend of $0.095 per common share, payable January 26, 2027.
Stockholders of record on December 31, 2026 will receive the payment. The current dividend rate represents an 18.4% annualized yield based on the stock’s October 28, 2026 closing market price.
B&G Foods (NYSE: BGS) plans to release third quarter 2026 financial results after market close on November 10, 2026. A conference call will follow at 4:30 p.m. ET, hosted by CEO Rob Mills and CFO Bruce Wacha. The earnings release, live webcast and subsequent replay will be available on the company's investor relations website.
B&G Foods (BGS) has sold its B&M and Joan of Arc canned food brands to McCall Farms in a completed transaction.
B&M covers baked beans and brown bread; Joan of Arc covers kidney, chili and other canned beans. The company intends to use the net proceeds to repay long-term debt and describes the sale as part of efforts to simplify its portfolio and focus on core brands. Transaction terms were not disclosed.
B&G Foods (BGS) announced that its Canadian subsidiary and Nortera Foods terminated their Green Giant Canada sale agreement on October 5, 2026.
The agreement, entered into on October 24, 2025, allowed either party to terminate if Canadian regulatory approval was not obtained by September 24, 2026. Approval under Canada’s Competition Act was not obtained by that deadline, leaving closing conditions unmet. B&G Foods will continue to own and operate Green Giant Canada, with Nortera remaining its primary co-manufacturer. B&G Foods intends to pursue profitability initiatives and evaluate strategic and operational alternatives, including potential sales and partnerships.
B&G Foods (NYSE: BGS) announced it will participate in the Barclays Global Consumer Conference in Boston, MA, on Wednesday, September 9, 2026. A fireside chat is scheduled for 4:30 p.m. Eastern Time, with a live and replay webcast accessible via B&G Foods’ investor relations website.
B&G Foods (NYSE: BGS) issued a statement after the Competition Bureau (Canada) asked the Competition Tribunal to block B&G Foods Canada’s proposed sale of its Green Giant and Le Sieur frozen and shelf-stable business in Canada to Nortera. The company disagrees with the Bureau’s position, says it believes the deal benefits all stakeholders, and is continuing discussions with Nortera. B&G Foods is evaluating legal, regulatory and operational alternatives, and says it will pursue options that protect employees, stockholders, customers and Canadian consumers while complying with applicable laws, providing further updates as developments occur.
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.