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B&G Foods, Inc. - BGS STOCK NEWS

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. (NYSE: BGS), based in Parsippany, New Jersey, is a prominent American manufacturer and distributor of a diverse range of high-quality, branded shelf-stable and frozen foods. The company's products are recognized across the United States, Canada, and Puerto Rico, catering to a broad spectrum of consumer tastes and preferences.

B&G Foods' extensive portfolio includes well-known brands such as 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, J.J. 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. Additionally, B&G Foods markets the household product brand, Static Guard.

In recent news, B&G Foods announced a significant partnership with the historic Four Sixes (6666) Ranch to introduce a new line of Four Sixes™ Seasonings, BBQ & Hot Sauces. This collaboration aims to bring the authentic flavors of the iconic 154-year-old ranch in Guthrie, Texas, to home cooks nationwide. The new product line, crafted with historical recipes from the ranch, is set to include over a dozen varieties of seasoning blends, BBQ sauces, and hot sauces. This venture highlights B&G Foods' commitment to delivering authentic and high-quality flavor solutions to its customers.

The company's financial condition remains robust, supported by its diversified product offerings and strategic partnerships. B&G Foods continues to focus on expanding its market presence and enhancing its brand portfolio to meet the evolving needs of consumers. For individuals seeking employment opportunities, B&G Foods provides career options at B&G Foods Careers.

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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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B&G Foods, Inc. announces pricing of $550.0 million senior secured notes due 2028 at a price of 99.502%. The offering has been upsized from $500.0 million. Net proceeds estimated at $538.6 million. Intends to use proceeds to redeem a portion of 5.25% senior notes due 2025 and pay related fees and expenses.
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B&G Foods plans to offer $500.0 million senior secured notes due 2028 in a transaction exempt from registration. The proceeds will be used to redeem a portion of B&G Foods' senior notes due 2025 and pay related fees and expenses.
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FAQ

What is the current stock price of B&G Foods (BGS)?

The current stock price of B&G Foods (BGS) is $7.27 as of December 20, 2024.

What is the market cap of B&G Foods (BGS)?

The market cap of B&G Foods (BGS) is approximately 583.0M.

What does B&G Foods, Inc. specialize in?

B&G Foods, Inc. specializes in the manufacturing, selling, and distribution of a diverse range of high-quality, branded shelf-stable and frozen foods across the United States, Canada, and Puerto Rico.

Where is B&G Foods, Inc. headquartered?

B&G Foods, Inc. is headquartered in Parsippany, New Jersey.

Which brands are included in B&G Foods' portfolio?

B&G Foods' portfolio includes brands like Ac’cent, B&G, B&M, Baker’s Joy, Bear Creek Country Kitchens, Cream of Wheat, Ortega, Pirate’s Booty, and many more.

What recent partnership has B&G Foods announced?

B&G Foods recently announced a partnership with Four Sixes (6666) Ranch to introduce a new line of Four Sixes™ Seasonings, BBQ & Hot Sauces.

Where can I buy B&G Foods’ products?

B&G Foods’ products are available across various grocery stores nationwide and for online shipping.

Does B&G Foods offer career opportunities?

Yes, B&G Foods offers various career opportunities. You can find more information on their careers page at http://www.bgfoods.com/careers/careers.asp.

What types of products does B&G Foods manufacture?

B&G Foods manufactures a wide range of products including frozen and canned vegetables, cooking oils, vegetable shortening, cooking sprays, oatmeal, fruit spreads, canned meats, spices, and seasonings.

How long has B&G Foods been in business?

B&G Foods has been providing high-quality food products for several decades, continuously expanding and enhancing its brand portfolio.

Is B&G Foods publicly traded?

Yes, B&G Foods, Inc. is publicly traded on the New York Stock Exchange under the symbol BGS.

What is the latest product line introduced by B&G Foods?

The latest product line introduced by B&G Foods is the Four Sixes™ Seasonings, BBQ & Hot Sauces, in collaboration with the historic Four Sixes Ranch.

B&G Foods, Inc.

NYSE:BGS

BGS Rankings

BGS Stock Data

583.04M
76.73M
2.94%
67.29%
12.89%
Packaged Foods
Food and Kindred Products
Link
United States of America
PARSIPPANY