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 (BGS) provides investors and industry observers with essential updates through this centralized news hub. Track the latest developments from this leading packaged foods manufacturer, including earnings reports, product innovations, and strategic partnerships that shape its position in North American markets.
This resource aggregates official press releases and market analyses, offering a clear view of BGS's operational milestones. Users will find updates on brand expansions, manufacturing initiatives, and distribution network enhancements across the United States, Canada, and Puerto Rico.
Key coverage areas include quarterly financial results, acquisitions, sustainability efforts, and collaborations like the Four Sixes Ranch seasonings. The collection enables stakeholders to monitor BGS's performance in shelf-stable foods, frozen product lines, and emerging consumer trends.
Bookmark this page for streamlined access to verified B&G Foods developments. Combine regular visits with portfolio tracking tools for informed decision-making in the dynamic packaged foods sector.
B&G Foods (NYSE: BGS) announced a regular quarterly cash dividend of $0.19 per share.
The dividend is payable on July 30, 2024, to stockholders of record as of June 28, 2024. The current dividend rate represents an annualized yield of 7.9% at the closing market price on May 21, 2024.
This marks the 79th consecutive quarterly dividend declared by B&G Foods since its IPO in October 2004.
B&G Foods announced a partnership with Four Sixes Ranch to introduce Four Sixes™ Seasonings, BBQ & Hot Sauces, bringing Texas ranch-inspired flavors to homes across America. The line includes over a dozen Seasoning Blends & Packets, BBQ Sauces, and Hot Sauce varieties, available for online shipping and in select grocery stores. The products are based on the historic recipes of the 154-year-old iconic ranch in Guthrie, Texas, known for its cattle and horse ranching heritage.
B&G Foods, Inc. reported financial results for Q1 2024, impacted by the Green Giant U.S. shelf‑stable divestiture. Net sales decreased 7.1%, with adjusted diluted EPS down 33.3% and net loss of $40.2 million. The company revised full-year guidance: net sales $1.955B-$1.985B, adjusted EBITDA $300M-$320M, and adjusted diluted EPS $0.75-$0.95.
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