B&G Foods Past Earnings Performance
Past criteria checks 0/6
B&G Foods's earnings have been declining at an average annual rate of -63.3%, while the Food industry saw earnings growing at 2.9% annually. Revenues have been declining at an average rate of 2.5% per year.
Key information
-63.34%
Earnings growth rate
-63.72%
EPS growth rate
| Food Industry Growth | 15.98% |
| Revenue growth rate | -2.46% |
| Return on equity | -19.00% |
| Net Margin | -4.23% |
| Last Earnings Update | 04 Apr 2026 |
Recent past performance updates
Recent updates
Seeking Alpha • May 31
B&G Foods: A Painful But Necessary Dividend Cut Unlocks Major Value
Summary B&G Foods is upgraded to Strong Buy as its turnaround accelerates, supported by a dividend cut and improved guidance. BGS raised 2026 net sales, EBITDA, and EPS guidance, despite macro uncertainty and a significant upcoming debt wall maturing between 2027–2029. The 50% dividend cut frees up ~$30 million annually for debt reduction, prioritizing long-term balance sheet health over near-term yield. Intrinsic value is estimated well above current levels, offering a substantial margin of safety versus the post-crash price, with the risk-reward being much more favorable now. Read the full article on Seeking AlphaAnalysis Article • May 16
B&G Foods, Inc. (NYSE:BGS) Released Earnings Last Week And Analysts Lifted Their Price Target To US$5.20
One of the biggest stories of last week was how B&G Foods, Inc. ( NYSE:BGS ) shares plunged 22% in the week since its...
Narrative Update • May 15
BGS: EBITDA Stabilization And Divestiture Progress May Support Future Deleveraging
Analysts have raised the fair value estimate for B&G Foods to $6.00 from $5.00, reflecting updated views that the company may be seeing early signs of EBITDA stabilization and potential progress toward its mid year leverage goals following recent divestiture activity. Analyst Commentary Recent Street research on B&G Foods points to a more constructive tone around the stock, with several bullish analysts revisiting their models after the latest earnings report and divestiture news.
Narrative Update • Apr 26
BGS: Portfolio Shifts And Leverage Efforts Will Shape Stabilization Path Forward
Narrative Update on B&G Foods Analysts have raised the blended price target for B&G Foods to $5.20, up from $5.00, citing updated models that reflect recent EBITDA estimate revisions and expectations that the planned Green Giant frozen divestiture can help the company move closer to its mid year leverage goal. Analyst Commentary Recent research on B&G Foods points to a tight focus on balance sheet progress and earnings stability, with modest price target changes tied to updated models rather than big shifts in outlook.Narrative Update • Apr 12
BGS: Portfolio Changes And Leverage Progress Will Shape Repair Story Ahead
Analysts have lifted the price target on B&G Foods to $5.00, a move supported by updated models that reflect signs of EBITDA stabilization and potential balance sheet improvement from the planned divestiture of the Green Giant frozen business. Analyst Commentary Recent Street research around B&G Foods focuses on the reset to a $5.00 price target and what the planned Green Giant frozen divestiture and EBITDA trends could mean for valuation and balance sheet execution.Narrative Update • Mar 28
BGS: Portfolio Moves And Debt Goals Will Shape Repair Story Ahead
Analysts have lifted the B&G Foods price target to $5, up from a prior range of $4 to $4.50, citing updated models that reflect signs of EBITDA stabilization and expectations that the planned Green Giant frozen divestiture can help the company move closer to its mid year leverage goal. Analyst Commentary Recent research points to a cluster of price target moves around US$5, with analysts revisiting their assumptions on earnings quality, leverage, and the impact of portfolio changes at B&G Foods.
Narrative Update • Mar 14
BGS: Asset Sales Reliance Will Limit Benefits Of Recent Balance Sheet Efforts
Analysts have lifted their B&G Foods price targets toward $5, up from a range of about $4 to $4.50, citing updated models that factor in the planned Green Giant frozen divestiture, leverage improvement efforts, and what they describe as early signs of EBITDA stabilization. Analyst Commentary Recent Street research on B&G Foods clusters around a price target of about $5, with analysts adjusting their models following earnings and the announced Green Giant frozen divestiture.Narrative Update • Feb 28
BGS: Slight Margin Lift And Lower Discount Rate Will Restrain Future Upside
Analysts have nudged their price target on B&G Foods higher by $0.50, citing slightly better assumed profit margins, a modestly lower discount rate, and a small adjustment to future P/E expectations. Analyst Commentary The latest move on B&G Foods is a relatively small adjustment, with the price target raised by $0.50.Narrative Update • Feb 14
BGS: Higher Margin Assumptions Will Pressure Future Returns If Execution Slips
Analysts have raised their price target on B&G Foods by $0.50, citing slightly higher assumed profit margins and a lower discount rate, while keeping revenue growth expectations relatively unchanged. Analyst Commentary Recent research on B&G Foods has included modestly more optimistic pricing assumptions, but not all of the commentary has been enthusiastic.Narrative Update • Jan 31
BGS: Higher Discount Rate And Margin Assumptions Will Limit Share Upside
Narrative Update: B&G Foods Analyst Target Shift The analyst price target for B&G Foods has been raised by US$0.50, with analysts pointing to modestly higher assumed profit margin, a slightly lower future P/E multiple, and a small adjustment to the discount rate as key drivers of the updated view. Analyst Commentary The recent US$0.50 price target move on B&G Foods sits within a broader pattern of cautious commentary from Street research.Narrative Update • Jan 17
BGS: Higher Required Return And Lower Future P/E Will Restrain Upside
Narrative Update: B&G Foods Analyst Price Target Shift Analysts have nudged their price target for B&G Foods higher by about $0.50, pointing to updated assumptions that pair a slightly higher required return with a lower future P/E multiple, offset by improved profit margin expectations and refined revenue forecasts. Analyst Commentary Street research on packaged food names has included a modest price target adjustment for B&G Foods, framed within broader caution on consumer and agricultural exposures.Analysis Article • Nov 07
Be Wary Of B&G Foods (NYSE:BGS) And Its Returns On Capital
What financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...Narrative Update • Aug 27
At-home Meal Trends And Cost Controls Will Fuel Future Resilience
Due to structural challenges, declining core sales, pressured profitability, and increased refinancing risk—all casting doubt on management’s guidance—analysts have lowered their fair value estimate for B&G Foods from $4.50 to $4.10. Analyst Commentary Ongoing structural challenges within B&G Foods' product portfolio.Narrative Update • Aug 07
At-home Meal Trends And Cost Controls Will Fuel Future Resilience
The sharp reduction in B&G Foods’ consensus revenue growth forecasts has led analysts to significantly lower their price target from $5.42 to $4.67. What's in the News B&G Foods, Inc.Analysis Article • Jul 23
B&G Foods (NYSE:BGS) Use Of Debt Could Be Considered Risky
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jun 10
Returns On Capital At B&G Foods (NYSE:BGS) Have Stalled
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Analysis Article • May 09
It Looks Like B&G Foods, Inc.'s (NYSE:BGS) CEO May Expect Their Salary To Be Put Under The Microscope
Key Insights B&G Foods will host its Annual General Meeting on 15th of May Salary of US$1.19m is part of CEO Casey...Analysis Article • May 08
Take Care Before Jumping Onto B&G Foods, Inc. (NYSE:BGS) Even Though It's 26% Cheaper
The B&G Foods, Inc. ( NYSE:BGS ) share price has fared very poorly over the last month, falling by a substantial 26...
New Narrative • May 04
US Food Core Focus And 53Rd Week Will Brighten Future
Portfolio simplification and divestitures aim to improve margins and cash flow by focusing on higher-margin core businesses.Analysis Article • Mar 08
B&G Foods (NYSE:BGS) Has Announced A Dividend Of $0.19
B&G Foods, Inc. ( NYSE:BGS ) has announced that it will pay a dividend of $0.19 per share on the 30th of April. This...Analysis Article • Feb 22
Return Trends At B&G Foods (NYSE:BGS) Aren't Appealing
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...Analysis Article • Dec 11
B&G Foods (NYSE:BGS) Is Paying Out A Dividend Of $0.19
B&G Foods, Inc.'s ( NYSE:BGS ) investors are due to receive a payment of $0.19 per share on 30th of January. The...Seeking Alpha • Dec 03
B&G Foods: Sale Of Business Units, Positive FCF, And Cheap
Summary B&G Foods is undergoing transformation, selling assets from its Frozen & Vegetables unit, potentially enhancing stock valuation with new cash inflows and reduced net debt. The company has a long history of brand acquisitions and integration, which could benefit EBITDA margin growth and free cash flow generation. Despite recent stock price declines, B&G Foods' long-term performance and current valuation suggest the stock is undervalued, presenting significant upside potential. Challenges include raw material price fluctuations, supply chain issues, and consolidation of supermarkets, which could impact margins and free cash flow growth. Read the full article on Seeking AlphaAnalysis Article • Nov 15
B&G Foods, Inc.'s (NYSE:BGS) 26% Dip In Price Shows Sentiment Is Matching Revenues
The B&G Foods, Inc. ( NYSE:BGS ) share price has fared very poorly over the last month, falling by a substantial 26...Analysis Article • Nov 07
Is B&G Foods (NYSE:BGS) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Sep 18
Here's What To Make Of B&G Foods' (NYSE:BGS) Decelerating Rates Of Return
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Seeking Alpha • Sep 17
B&G Foods: Shares Are Getting Cheap, But Headwinds Remain Strong
Summary B&G Foods' share price has dropped over 70% in the past 2 years, stabilizing around $10, with some concerns about its ability to turn around. The sale of Green Giant, and potential future divestitures within the frozen and vegetables segment, may improve margins but will likely result in short-term revenue losses. In my view, high leverage remains a concern, with $1.78 billion in long-term debt, despite recent refinancing efforts to extend loan maturities and reduce interest costs. I maintain a Hold rating due to signs of price consolidation around the $10 level, and a significant insider buying activity by the chairman of the board earlier this year. Read the full article on Seeking AlphaAnalysis Article • Aug 03
B&G Foods (NYSE:BGS) Has Announced A Dividend Of $0.19
B&G Foods, Inc.'s ( NYSE:BGS ) investors are due to receive a payment of $0.19 per share on 30th of October. This makes...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How B&G Foods makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 04 Apr 26 | 1,812 | -77 | 185 | 0 |
| 03 Jan 26 | 1,829 | -43 | 189 | 0 |
| 27 Sep 25 | 1,841 | -250 | 183 | 0 |
| 28 Jun 25 | 1,862 | -224 | 191 | 0 |
| 29 Mar 25 | 1,883 | -210 | 189 | 0 |
| 28 Dec 24 | 1,932 | -251 | 189 | 0 |
| 28 Sep 24 | 1,959 | -26 | 193 | 0 |
| 29 Jun 24 | 2,001 | -116 | 194 | 0 |
| 30 Mar 24 | 2,026 | -110 | 198 | 0 |
| 30 Dec 23 | 2,062 | -66 | 196 | 0 |
| 30 Sep 23 | 2,107 | -44 | 200 | 0 |
| 01 Jul 23 | 2,133 | -21 | 202 | 0 |
| 01 Apr 23 | 2,142 | -32 | 199 | 0 |
| 31 Dec 22 | 2,163 | -11 | 190 | 0 |
| 01 Oct 22 | 2,112 | -40 | 187 | 0 |
| 02 Jul 22 | 2,098 | 40 | 181 | 0 |
| 02 Apr 22 | 2,084 | 64 | 178 | 0 |
| 01 Jan 22 | 2,056 | 67 | 196 | 0 |
| 02 Oct 21 | 1,995 | 84 | 190 | 0 |
| 03 Jul 21 | 1,976 | 110 | 184 | 0 |
| 03 Apr 21 | 2,024 | 131 | 187 | 0 |
| 02 Jan 21 | 1,968 | 132 | 186 | 0 |
| 03 Oct 20 | 1,928 | 130 | 163 | 0 |
| 27 Jun 20 | 1,838 | 114 | 154 | 0 |
| 28 Mar 20 | 1,697 | 88 | 148 | 0 |
| 28 Dec 19 | 1,660 | 76 | 162 | 0 |
| 28 Sep 19 | 1,648 | 178 | 147 | 0 |
| 29 Jun 19 | 1,665 | 179 | 149 | 0 |
| 30 Mar 19 | 1,682 | 169 | 148 | 0 |
| 29 Dec 18 | 1,701 | 172 | 153 | 0 |
| 29 Sep 18 | 1,709 | 190 | 148 | 0 |
| 30 Jun 18 | 1,693 | 191 | 145 | 0 |
| 31 Mar 18 | 1,666 | 205 | 147 | 0 |
| 30 Dec 17 | 1,646 | 217 | 149 | 0 |
| 30 Sep 17 | 1,594 | 101 | 163 | 0 |
| 01 Jul 17 | 1,506 | 101 | 166 | 0 |
| 01 Apr 17 | 1,451 | 109 | 161 | 0 |
| 31 Dec 16 | 1,372 | 109 | 139 | 0 |
| 01 Oct 16 | 1,320 | 107 | 137 | 0 |
| 02 Jul 16 | 1,215 | 94 | 124 | 0 |
| 02 Apr 16 | 1,102 | 83 | 111 | 0 |
| 02 Jan 16 | 966 | 69 | 97 | 0 |
| 03 Oct 15 | 862 | 70 | 88 | 0 |
| 04 Jul 15 | 858 | 45 | 85 | 0 |
Quality Earnings: BGS is currently unprofitable.
Growing Profit Margin: BGS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BGS is unprofitable, and losses have increased over the past 5 years at a rate of 63.3% per year.
Accelerating Growth: Unable to compare BGS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BGS is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (-16.1%).
Return on Equity
High ROE: BGS has a negative Return on Equity (-19%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/01 22:41 |
| End of Day Share Price | 2026/06/01 00:00 |
| Earnings | 2026/04/04 |
| Annual Earnings | 2026/01/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
B&G Foods, Inc. is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Lazar | Barclays |
| Adam Mizrahi | Berenberg |
| Kenneth Zaslow | BMO Capital Markets Equity Research |