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B&G Foods, Inc - BGS STOCK NEWS

Welcome to our dedicated news page for B&G Foods (Ticker: BGS), a resource for investors and traders seeking the latest updates and insights on B&G Foods.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect B&G Foods's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of B&G Foods's position in the market.

Rhea-AI Summary
B&G Foods, Inc. (BGS) reported a decrease in net sales for Q4 and FY 2023 due to divestitures, with adjusted EBITDA showing a slight decrease. The company's net cash from operating activities increased, while long-term debt decreased. Despite challenges, B&G Foods remains optimistic with guidance for FY 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
21.28%
Tags
earnings
-
Rhea-AI Summary
B&G Foods, Inc. (BGS) declares a regular quarterly cash dividend of $0.19 per share, with an annualized yield of 8.1%. This marks the 78th consecutive quarterly dividend since the company's IPO in 2004.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
dividends
-
Rhea-AI Summary
B&G Foods, Inc. (BGS) has provided details on the tax treatment for dividends paid in 2023 on the Company’s common stock. The company distributed $0.76000 per share, all treated as a return of capital, with no taxable dividends. Shareholders are advised to review their tax statements and consult tax advisors for individual tax treatment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
dividends
Rhea-AI Summary
B&G Foods, Inc. (BGS) plans to release its fourth quarter and fiscal year 2023 financial results on February 27, 2024. The company will host a conference call to discuss the results, led by President and CEO Casey Keller and CFO Bruce Wacha.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.53%
Tags
earnings
-
Rhea-AI Summary
B&G Foods, Inc. (BGS) released its first Corporate Social Responsibility (CSR) Report outlining its goals, commitments, and programs across CSR and ESG issues. The report highlights a philanthropic partnership resulting in the distribution of 1.25 million servings of fresh produce to communities in need. The company plans to increase public disclosures and minimize its impact on the environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.78%
Tags
none
-
Rhea-AI Summary
B&G Foods, Inc. (NYSE: BGS) declares a regular quarterly cash dividend of $0.19 per share of common stock, with an annualized yield of 9.4%. This marks the 77th consecutive quarterly dividend declared since the company's initial public offering in October 2004.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
Tags
dividends
Rhea-AI Summary
B&G Foods, Inc. (NYSE: BGS) announced financial results for Q3 and the first three quarters of 2023. Net sales decreased by 4.9% to $502.7 million in Q3 2023, with adjusted EBITDA increasing by 0.2% to $80.4 million. The company also completed the sale of its Green Giant U.S. shelf-stable product line and revised its guidance for full year fiscal 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
earnings
-
Rhea-AI Summary
B&G Foods, Inc. (NYSE: BGS) has sold its Green Giant U.S. shelf-stable vegetable product line to Seneca Foods Corporation, while retaining ownership of the Green Giant trademarks and licensing the brand name to Seneca Foods. The sale excludes Green Giant frozen, Green Giant Canada, and the Le Sueur brand. The decision is part of B&G Foods' strategy to divest non-core product lines and reduce long-term debt. The net proceeds from the sale will be used for debt repayment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.69%
Tags
none
-
Rhea-AI Summary
B&G Foods, Inc. plans to release its third quarter 2023 financial results on November 8, 2023. A conference call will be held to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.44%
Tags
earnings
Rhea-AI Summary
B&G Foods, Inc. has completed its offering of $550.0 million senior secured notes due 2028. The proceeds will be used to redeem $555.4 million senior notes due 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.73%
Tags
offering
B&G Foods, Inc

NYSE:BGS

BGS Rankings

BGS Stock Data

899.46M
76.66M
2.28%
68.48%
9.47%
Fruit and Vegetable Canning
Manufacturing
Link
US
Parsippany

About BGS

b&g foods and its subsidiaries manufacture, sell and distribute a diversified portfolio of high-quality, branded shelf-stable foods across the united states, canada and puerto rico. based in parsippany, new jersey, b&g foods’ products are marketed under many recognized brands, including ac’cent, b&g, b&m, baker’s joy, bear creek country kitchens, brer rabbit, canoleo, cary’s, cream of rice, cream of wheat, devonsheer, don pepino, emeril’s, grandma’s molasses, jj flats, joan of arc, las palmas, macdonald’s, mama mary’s, maple grove farms, molly mcbutter, mrs. dash, new york flatbreads, new york style, old london, original tings, ortega, pirate’s booty, polaner, red devil, regina, rickland orchards, sa-són, sclafani, smart puffs, spring tree, sugar twin, trappey’s, truenorth, underwood, vermont maid and wright’s. b&g foods also sells and distributes static guard, a household product brand. to view our open positions, visit us @ http://www.bgfoods.com/careers/careers.asp