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.
Del Monte Foods (NYSE: BGS) announced on March 19, 2026 that it has completed three sale transactions covering substantially all of its assets and going-concern businesses. Transactions transfer vegetable, tomato, refrigerated fruit, JOYBA beverage, broth & stock, and shelf-stable fruit assets and related brand rights to three buyers.
The buyers named are Fresh Del Monte Produce (vegetable, tomato, refrigerated fruit, JOYBA, and certain brand IP subject to licenses), B&G Foods (BGS) (broth & stock brands College Inn and Kitchen Basics), and Pacific Coast Producers (shelf-stable fruit brand rights in the U.S., Puerto Rico, and Mexico).
B&G Foods (NYSE: BGS) reported fourth-quarter and full-year 2025 results including divestitures and an extra reporting week. FY2025 net sales fell to $1,828.7M (down 5.4%); Adjusted EBITDA was $272.2M. Management provided FY2026 guidance: net sales $1,655M–$1,695M, adjusted EBITDA $265M–$275M, adjusted diluted EPS $0.55–$0.65.
Q4 adjusted diluted EPS was $0.28 and adjusted net income was $22.8M; reported net loss improved to $43.3M for FY2025, driven by lower impairment charges versus 2024.
B&G Foods (NYSE: BGS) declared a regular quarterly cash dividend of $0.19 per share, payable April 30, 2026 to shareholders of record on March 31, 2026.
According to the company, the dividend equates to an annualized yield of 14.7% based on the March 2, 2026 closing price, and marks the 86th consecutive quarterly dividend since the October 2004 IPO.
B&G Foods (NYSE: BGS) sold its Green Giant U.S. frozen vegetable product line to Seneca Foods Corporation, effective March 2, 2026. The sale includes the Yuma, Arizona frozen manufacturing operations and follows prior shelf-stable divestitures to Seneca (Nov 2023) and McCall Farms (Aug 2025).
B&G Foods will retain frozen manufacturing in Irapuato, Mexico and signed a co-pack agreement for certain Green Giant frozen products with Seneca. The company intends to use proceeds to repay long-term debt, buy business-use assets, and pay taxes, fees, and expenses. Transaction terms were not disclosed; Barclays and Deutsche Bank advised B&G Foods.
B&G Foods (NYSE: BGS) will release fourth quarter and fiscal year 2025 results after market close on March 3, 2026, followed by a conference call at 4:30 p.m. ET the same day.
The call will be hosted by Casey Keller, President and CEO, and Bruce Wacha, EVP Finance and CFO; the press release and live webcast will be available at the company investor site with a replay accessible after the call.
B&G Foods (NYSE: BGS) announced the 2025 tax treatment of common stock cash distributions totaling $0.76000 per share paid across four 2025 payment dates. The company determined all distributions are return of capital and none will be treated as taxable dividends for U.S. federal income tax purposes.
Holders should check brokerage 2025 tax statements, review the company FAQs and IRS Form 8937 posted on the investor website, and consult tax advisors. Return-of-capital amounts generally reduce a holder’s tax basis in the shares, with any excess treated as capital gain.
Del Monte Foods (BGS) received Court approval on Feb. 6, 2026 for three asset purchase agreements to sell substantially all business assets as going concerns.
The transactions allocate vegetable, tomato, refrigerated fruit, JOYBA beverage and global Del Monte brand rights to Fresh Del Monte Produce (FDP); broth & stock assets including College Inn and Kitchen Basics to B&G Foods (BGS); and shelf-stable fruit rights to Pacific Coast Producers. Closings are expected in Q1 2026, subject to customary conditions.
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.