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.
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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.
