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. (NYSE: BGS) is a Parsippany, New Jersey based packaged food manufacturer that regularly issues news on its branded shelf‑stable and frozen food portfolio, financial performance and corporate transactions. The company manufactures, sells and distributes branded foods across the United States, Canada and Puerto Rico, and its announcements often reference well‑known brands such as B&G, B&M, Bear Creek, Cream of Wheat, Crisco, Dash, Green Giant, Las Palmas, Mama Mary’s, Maple Grove Farms, New York Style, Ortega, Polaner, Spice Islands and Victoria.
News about B&G Foods commonly includes earnings releases and segment results, where the company discusses net sales, base business net sales, adjusted EBITDA and other financial metrics for its Specialty, Meals, Frozen & Vegetables, and Spices & Flavor Solutions segments. These updates are typically furnished to the Securities and Exchange Commission via Form 8‑K and accompanied by detailed commentary on factors such as volume, pricing, product mix, raw material costs, foreign currency impacts and impairment charges.
Investors following BGS news can also expect transaction‑related announcements. B&G Foods has reported divestitures such as the sale of the Le Sueur U.S. shelf‑stable vegetable brand to McCall Farms and an agreement to sell the Green Giant and Le Sieur frozen and shelf‑stable vegetable product lines in Canada to Nortera Foods. It has also announced an agreement to acquire the broth and stock business of Del Monte Foods Corporation II Inc. and its affiliates, including the College Inn and Kitchen Basics brands, subject to Bankruptcy Court approval and other conditions.
Additional news items include updates on capital structure and credit agreements, such as amendments to its revolving credit facility and repurchases of senior notes, as well as dividend declarations and executive appointments. For example, the company has highlighted its long history of consecutive quarterly dividends since its initial public offering and has announced changes in executive leadership roles. Monitoring this news stream helps readers understand how B&G Foods manages its brand portfolio, finances and strategic direction over time.
B&G Foods (NYSE: BGS) agreed to acquire the broth and stock business of Del Monte Foods for approximately $110 million in cash, subject to inventory adjustment and assumption of certain liabilities. The deal, won via a bankruptcy auction, awaits Bankruptcy Court approval and customary closing conditions and is expected to close in Q1 2026 if approved.
B&G expects the acquired College Inn and Kitchen Basics brands to generate $110M–$120M in annual net sales, $18M–$22M in adjusted EBITDA, and $0.08–$0.12 adjusted diluted EPS on an annualized basis. The asset purchase is expected to yield ~$15M NPV tax benefits and implies ~5.5x adjusted EBITDA (4.8x net of tax benefits). Funding will come from cash on hand, divestiture proceeds, and revolving loans under the existing credit facility.
Del Monte Foods (NYSE:BGS) announced that it selected three successful bidders in a court-supervised auction and negotiated asset purchase agreements for substantially all assets across its business segments.
Buyers: Fresh Del Monte Produce (NYSE:FDP) for vegetable, tomato, refrigerated fruit, JOYBA and global Del Monte brand/IP (subject to licenses); B&G Foods (NYSE:BGS) for the Broth & Stock segment including College Inn and Kitchen Basics; Pacific Coast Producers for shelf-stable fruit rights (U.S. and Mexico).
The sales are subject to U.S. Bankruptcy Court approval at a hearing on Jan 28, 2026 and customary closing conditions, with closings expected by the end of Q1 2026. The company will coordinate transitions while continuing operations during the Chapter 11 process.
B&G Foods (NYSE: BGS) announced that effective January 5, 2026 it hired John Ozgopoyan as Executive Vice President of Sales. He will report directly to Casey Keller, president and CEO, and join the company's executive leadership team.
Mr. Ozgopoyan's prior roles include Chief Customer Officer – North America at Hain Celestial (Aug 2024–Dec 2025), Senior Vice President at L'Oreal (Jul 2021–Jul 2024), and multiple sales leadership positions at Reckitt Benckiser (2007–2021). Management says his hire is aimed at strengthening customer development and sales execution to improve core-brand net sales.
B&G Foods (NYSE: BGS) reported third-quarter 2025 results on November 5, 2025: Q3 net sales $439.3M (down 4.7% vs. Q3 2024) and adjusted EBITDA $70.4M (flat vs. Q3 2024; 16.0% of sales). The company recorded pre-tax, non-cash impairment charges of $26.0M (trademarks) and $27.8M (assets held for sale related to Green Giant Canada) and recognized a $15.5M gain on the U.S. Le Sueur divestiture.
Full-year fiscal 2025 guidance narrowed to net sales $1.82B–$1.84B, adjusted EBITDA $273M–$280M, and adjusted diluted EPS $0.50–$0.58.
B&G Foods (NYSE: BGS) declared a regular quarterly cash dividend of $0.19 per share.
The dividend is payable on January 26, 2026 to shareholders of record as of December 31, 2025. At the closing price on October 28, 2025, the dividend annualizes to a 17.8% yield. This marks the 85th consecutive quarterly dividend since the company's IPO in October 2004.
B&G Foods (NYSE: BGS) entered into an agreement to sell the Green Giant and Le Sieur frozen and shelf-stable vegetable product lines in Canada to Nortera Foods.
The company expects the sale to close in Q4 2025 or Q1 2026, subject to Canadian regulatory approval and customary closing conditions. B&G Foods previously sold related U.S. shelf-stable product lines in 2023 and 2025 and is continuing to evaluate a possible divestiture of the Green Giant U.S. frozen product line.
B&G Foods intends to use sale proceeds for general corporate purposes, including repayment of long-term debt; transaction terms were not disclosed. Barclays Capital and Deutsche Bank acted as financial advisors.
B&G Foods (NYSE: BGS) will release third quarter 2025 financial results after market close on Wednesday, November 5, 2025. The company has scheduled an earnings conference call and live audio webcast for 4:30 p.m. ET that same day, hosted by Casey Keller, President and CEO, and Bruce Wacha, EVP Finance and CFO. The earnings press release, live webcast, and a replay will be available at www.bgfoods.com/investor-relations.
B&G Foods (NYSE: BGS) announced its participation in the upcoming Barclays Global Consumer Staples Conference. The company will engage in a fireside chat session on September 3, 2025, at 3:00 p.m. Eastern Time in Boston, MA.
Investors can access the live webcast through the investor relations section of B&G Foods' website. A replay will be made available after the event concludes.
B&G Foods (NYSE:BGS) reported challenging Q2 2025 financial results, with net sales decreasing 4.5% to $424.4 million. The company posted a net loss of $9.8 million, or $0.12 per diluted share, compared to net income of $3.9 million in Q2 2024.
Key developments include the divestiture of Don Pepino and Sclafani brands during Q2, and Le Sueur brand in Q3. The company revised its FY2025 guidance, projecting net sales of $1.83-1.88 billion and adjusted EBITDA of $273-283 million.
Adjusted EBITDA declined 9.3% to $58.0 million, with margin decreasing to 13.7% from 14.4% year-over-year. The company's base business net sales decreased 4.2% due to lower volumes and reduced pricing.
B&G Foods (NYSE: BGS) has announced the sale of its Le Sueur brand of premium vegetables to McCall Farms. The sale encompasses Le Sueur's premium sweet peas, green beans, and carrots product lines in the United States, while excluding the Le Sieur brand operations in Canada.
The company plans to use the proceeds for general corporate purposes, including debt reduction, asset purchases, and transaction-related expenses. CEO Casey Keller highlighted that this divestiture aligns with B&G Foods' strategy to reshape its portfolio, focus on core brands, and reduce long-term debt. Financial terms of the transaction were not disclosed.
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