BGS Stock - B&G Foods, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.93B | $2.06B | $2.16B | $2.06B | $1.97B |
| Gross Profit | $421.95M | $455.52M | $409.62M | $436.97M | $481.74M |
| Gross Margin | 21.8% | 22.1% | 18.9% | 21.3% | 24.5% |
| Operating Income | $-177,277,000 | $80.42M | $98.63M | $196.08M | $276.44M |
| Net Income | $-251,251,000 | $-66,198,000 | $-11,370,000 | $67.36M | $131.99M |
| Net Margin | -13.0% | -3.2% | -0.5% | 3.3% | 6.7% |
| EPS | $-3.18 | $-0.89 | $-0.16 | $1.03 | $2.06 |
B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. The company's products include frozen and canned vegetables, vegetables, canola and other cooking oils, vegetable shortening, cooking sprays, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, baking powder and soda, corn starch, cookies and crackers, nut clusters, and other specialty products. It markets its products under various brands, including Ac'cent, B&G, B&M, Back to Nature, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Clabber Girl, Cream of Rice, Cream of Wheat, Crisco, Dash, Davis, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, Green Giant, Joan of Arc, Las Palmas, Le Sueur, MacDonald's, Mama Mary's, Maple Grove Farms of Vermont, McCann's, Molly McButter, New York Flatbreads, New York Style, Old London, Ortega, Polaner, Red Devil, Regina, Rumford, Sa-són, Sclafani, Spice Islands, Spring Tree, Sugar Twin, Tone's, Trappey's, TrueNorth, Underwood, Vermont Maid, Victoria, and Weber and Wright's. The company also sells, markets, and distributes household products under the Static Guard brand. It sells and distributes its products directly, as well as through a network of independent brokers and distributors to supermarket chains, foodservice outlets, mass merchants, warehouse clubs, non-food outlets, and specialty distributors. The company was formerly known as B&G Foods Holdings Corp. and changed its name to B&G Foods, Inc. in October 2004. B&G Foods, Inc. was founded in 1822 and is headquartered in Parsippany, New Jersey.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| May 16th 2024 | Piper Sandler | Upgrade | Neutral | $9 |
| October 4th 2023 | Piper Sandler | Downgrade | Underweight | $8← $14 |
| September 13th 2023 | TD Cowen | Initiation | Underperform | $10 |
| December 1st 2022 | Consumer Edge Research | Downgrade | Underweight | $9 |
| June 14th 2022 | Piper Sandler | Upgrade | Neutral | $23← $25 |
Earnings History & Surprises
BGSEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 24, 2026 | $0.28 | — | — | — |
Q4 2025 | Nov 5, 2025 | $0.11 | $0.15 | +36.4% | ✓ BEAT |
Q3 2025 | Aug 4, 2025 | $0.07 | $0.04 | -42.9% | ✗ MISS |
Q2 2025 | May 7, 2025 | $0.14 | $0.04 | -71.4% | ✗ MISS |
Q1 2025 | Feb 25, 2025 | $0.30 | $0.31 | +3.3% | ✓ BEAT |
Q4 2024 | Nov 5, 2024 | $0.20 | $0.13 | -35.0% | ✗ MISS |
Q3 2024 | Aug 6, 2024 | $0.08 | $0.08 | 0.0% | = MET |
Q2 2024 | May 8, 2024 | $0.20 | $0.18 | -10.0% | ✗ MISS |
Q1 2024 | Feb 27, 2024 | $0.28 | $0.30 | +7.1% | ✓ BEAT |
Q4 2023 | Nov 8, 2023 | $0.23 | $0.27 | +17.4% | ✓ BEAT |
Q3 2023 | Aug 3, 2023 | $0.09 | $0.15 | +66.7% | ✓ BEAT |
Q2 2023 | May 4, 2023 | $0.26 | $0.27 | +3.8% | ✓ BEAT |
Q1 2023 | Feb 28, 2023 | $0.22 | $0.40 | +81.8% | ✓ BEAT |
Q4 2022 | Nov 9, 2022 | $0.31 | $0.31 | 0.0% | = MET |
Q3 2022 | Aug 4, 2022 | $0.27 | $0.07 | -74.1% | ✗ MISS |
Q2 2022 | May 5, 2022 | $0.39 | $0.34 | -12.8% | ✗ MISS |
Q1 2022 | Mar 1, 2022 | $0.42 | $0.39 | -7.1% | ✗ MISS |
Q4 2021 | Nov 4, 2021 | $0.56 | $0.55 | -1.8% | ✗ MISS |
Q3 2021 | Aug 5, 2021 | $0.48 | $0.41 | -14.6% | ✗ MISS |
Latest News
B&G Foods shares are trading higher after Q3 earnings beat estimates.
📈 PositiveB&G Foods Non-GAAP EPS of $0.15 beats by $0.04, revenue of $439.3M beats by $3.83M
📈 PositiveB&G Foods Narrows FY2025 Adj EPS Guidance from $0.50-$0.60 to $0.50-$0.58 vs $0.50 Est; Lowers FY2025 Sales Guidance from $1.830B-$1.880B to $1.820B-$1.840B vs $1.828B Est
📉 NegativeB&G Foods Q3 Adj. EPS $0.15 Beats $0.11 Estimate, Sales $439.304M Beat $436.031M Estimate
📈 PositiveB&G Foods Agrees To Sell Green Giant, Le Sieur Vegetable Product Lines To Nortera Foods; Financial Terms Not Disclosed
➖ NeutralFrequently Asked Questions about BGS
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