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.
Company profile
Ticker
BGS
Exchange
Website
CEO
Mr. Kenneth Charles Keller Jr.
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
NiSource • Agilent • WEX • CubeSmart • Dolby Laboratories • InterDigital • Calavo Growers • OraSure • Franchise • Royalty Management Holding ...
Former names
HOUSTON OPERATING CO, NETFABRIC HOLDINGS, INC
SEC CIK
Corporate docs
Subsidiaries
B&G Foods Canada, ULC • B&G Foods Manufacturing Mexico • B&G Foods North America, Inc. • B&G Foods Snacks, Inc. • Bear Creek Country Kitchens, LLC • Clabber Girl Corporation • Sirops Maple Grove Inc. • Spartan Foods of America, Inc. • Victoria Fine Foods, LLC • William Underwood Company ...
IRS number
133918742
BGS stock data
Latest filings (excl ownership)
8-K
B&G Foods Issues Notice of Full Redemption of Remaining 5.25% Senior Notes due 2025
9 Sep 24
10-Q
2024 Q2
Quarterly report
6 Aug 24
8-K
B&G Foods Reports Financial Results for Second Quarter 2024
6 Aug 24
8-K
B&G Foods Announces Closing of Tack-on Offering of Senior Secured Notes and Credit Agreement Refinancing
15 Jul 24
8-K
B&G Foods Announces Pricing and Upsizing of Tack-on Offering of Senior Secured Notes
28 Jun 24
8-K
B&G Foods Announces Proposed Tack-on Offering of $100.0 Million of 8.000% Senior Secured Notes due 2028
26 Jun 24
8-K
B&G Foods Announced Proposed Credit Agreement Refinancing
18 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
24 May 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
B&G Foods Reports Financial Results for First Quarter 2024
8 May 24
Transcripts
BGS
Earnings call transcript
2024 Q2
6 Aug 24
BGS
Earnings call transcript
2024 Q1
8 May 24
BGS
Earnings call transcript
2023 Q4
27 Feb 24
BGS
Earnings call transcript
2023 Q3
8 Nov 23
BGS
Earnings call transcript
2023 Q2
3 Aug 23
BGS
Earnings call transcript
2023 Q2
3 Aug 23
BGS
Earnings call transcript
2023 Q1
4 May 23
BGS
Earnings call transcript
2022 Q4
28 Feb 23
BGS
Earnings call transcript
2022 Q3
10 Nov 22
BGS
Earnings call transcript
2022 Q2
5 Aug 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Jan 22 | Jan 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 40.32 mm | 40.32 mm | 40.32 mm | 40.32 mm | 40.32 mm | 40.32 mm |
Cash burn (monthly) | 712.33 k | 204.08 k | (no burn) | 6.20 mm | (no burn) | (no burn) |
Cash used (since last report) | 2.70 mm | 773.15 k | n/a | 23.49 mm | n/a | n/a |
Cash remaining | 37.62 mm | 39.55 mm | n/a | 16.84 mm | n/a | n/a |
Runway (months of cash) | 52.8 | 193.8 | n/a | 2.7 | n/a | n/a |
Institutional ownership, Q2 2024
64.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 242 |
Opened positions | 37 |
Closed positions | 46 |
Increased positions | 79 |
Reduced positions | 79 |
13F shares | Current |
---|---|
Total value | 404.50 bn |
Total shares | 51.04 mm |
Total puts | 2.88 mm |
Total calls | 1.36 mm |
Total put/call ratio | 2.1 |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 12.27 mm | $99.17 bn |
Vanguard | 9.61 mm | $77.65 bn |
STT State Street | 2.98 mm | $24.61 bn |
Dimensional Fund Advisors | 1.92 mm | $15.50 bn |
MS Morgan Stanley | 1.84 mm | $14.89 bn |
Geode Capital Management | 1.78 mm | $14.37 bn |
Charles Schwab Investment Management | 1.75 mm | $14.13 bn |
American Century Companies | 1.64 mm | $13.25 bn |
BK The Bank of New York Mellon Corporation | 1.20 mm | $9.70 bn |
Hotchkis & Wiley Capital Management | 989.27 k | $7.99 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Sep 24 | Greenberg Jordan E | Common Stock | Sell | Dispose S | No | No | 8.3297 | 8,000 | 66.64 k | 66,095 |
14 Jun 24 | Kenneth C Keller Jr | Common Stock | Payment of exercise | Dispose F | No | No | 8.39 | 1,171 | 9.82 k | 266,088 |
3 Jun 24 | Wenner David L | Common Stock | Grant | Acquire A | No | No | 0 | 12,948 | 0.00 | 782,399 |
3 Jun 24 | Sherrill Stephen | Common Stock | Grant | Acquire A | No | No | 0 | 12,948 | 0.00 | 283,084 |
3 Jun 24 | Sherrill Stephen | Stock Option Common Stock | Grant | Acquire A | No | No | 2.3152 | 71,268 | 165.00 k | 71,268 |
3 Jun 24 | Poe Alfred | Common Stock | Grant | Acquire A | No | No | 0 | 12,948 | 0.00 | 56,014 |
News
Wall Street's Most Accurate Analysts Weigh In On 3 Defensive Stocks With Over 7% Dividend Yields
17 Sep 24
Paycom Software And 2 Other Stocks Executives Are Selling
4 Sep 24
Jim Cramer Believes In Dell CEO, Doesn't Like B&G Foods
27 Aug 24
RBC Capital Reiterates Sector Perform on B&G Foods, Maintains $10 Price Target
7 Aug 24
B&G Foods Q2 2024 Adj. EPS $0.08 Misses $0.09 Estimate, Sales $444.590M Beat $435.830M Estimate
6 Aug 24