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 -51.4%, while the Food industry saw earnings growing at 11.6% annually. Revenues have been growing at an average rate of 5.7% per year.

Key information

-51.4%

Earnings growth rate

-50.8%

EPS growth rate

Food Industry Growth	16.0%
Revenue growth rate	5.7%
Return on equity	-7.9%
Net Margin	-3.2%
Next Earnings Update	08 May 2024

Recent past performance updates

Recent updates

B&G Foods: Debt-Ridden, Even Selling All Long-Term Net Assets Can't Potentially Save Them

Feb 21

Here's Why B&G Foods (NYSE:BGS) Is Weighed Down By Its Debt Load

Jan 14

B&G Foods (NYSE:BGS) Is Paying Out Less In Dividends Than Last Year

Dec 20

B&G Foods to sell Back to Nature snack brand to Barilla America

Dec 15

B&G Foods' (NYSE:BGS) Dividend Is Being Reduced To $0.19

Nov 20

B&G Foods: 12% Dividend Yield Is A Trap

Oct 14

B&G Foods (NYSE:BGS) Has Affirmed Its Dividend Of $0.475

Sep 16

B&G Foods (NYSE:BGS) Has Affirmed Its Dividend Of $0.475

Aug 31

An 8% Bond Opportunity In Consumer Staples: B&G Foods

Aug 25

B&G Foods declares $0.475 dividend

Aug 02

B&G Foods: Leverage Concerns, This Time For Real

Jul 05

B&G Foods (NYSE:BGS) Has No Shortage Of Debt

Jun 27

B&G Foods (NYSE:BGS) Has Affirmed Its Dividend Of US$0.47

Jun 05

Food Inflation: B&G Foods' Biggest Challenge In 2022

Apr 30

Revenue & Expenses Breakdown
Beta

How B&G Foods makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:BGS Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Dec 23	2,062	-66	197
30 Sep 23	2,107	-44	196
01 Jul 23	2,133	-21	199
01 Apr 23	2,142	-32	195
31 Dec 22	2,163	-11	198
01 Oct 22	2,112	-40	187
02 Jul 22	2,098	40	181
02 Apr 22	2,084	64	178
01 Jan 22	2,056	67	196
02 Oct 21	1,995	84	190
03 Jul 21	1,976	110	184
03 Apr 21	2,024	131	187
02 Jan 21	1,968	132	186
03 Oct 20	1,928	130	163
27 Jun 20	1,838	114	154
28 Mar 20	1,697	88	148
28 Dec 19	1,660	76	162
28 Sep 19	1,648	178	147
29 Jun 19	1,665	179	149
30 Mar 19	1,682	169	148
29 Dec 18	1,701	172	153
29 Sep 18	1,709	190	148
30 Jun 18	1,693	191	145
31 Mar 18	1,666	205	147
30 Dec 17	1,646	217	149
30 Sep 17	1,594	101	163
01 Jul 17	1,506	101	166
01 Apr 17	1,451	109	161
31 Dec 16	1,372	109	139
01 Oct 16	1,320	107	137
02 Jul 16	1,215	94	124
02 Apr 16	1,102	83	111
02 Jan 16	966	69	97
03 Oct 15	862	70	88
04 Jul 15	858	45	85
04 Apr 15	867	43	87
03 Jan 15	848	41	86
27 Sep 14	822	48	85
28 Jun 14	794	68	84
29 Mar 14	752	50	80
28 Dec 13	725	52	75
28 Sep 13	687	43	71
29 Jun 13	660	45	67

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 51.4% 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 (6.2%).

Return on Equity

High ROE: BGS has a negative Return on Equity (-7.92%), as it is currently unprofitable.

B&G Foods Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

B&G Foods, Inc. to Report Q1, 2024 Results on May 08, 2024

Full year 2023 earnings: EPS misses analyst expectations

B&G Foods, Inc. to Report Q4, 2023 Results on Feb 27, 2024

Third quarter 2023 earnings: EPS misses analyst expectations

B&G Foods, Inc. to Report Q3, 2023 Results on Nov 08, 2023

Second quarter 2023 earnings released: EPS: US$0.15 (vs US$0.004 in 2Q 2022)

Recent updates

B&G Foods, Inc. to Report Q1, 2024 Results on May 08, 2024

B&G Foods: Hold, Weak Fundamentals, And Technicals Require Patience

Now 20% undervalued

B&G Foods, Inc., Annual General Meeting, May 23, 2024

Upcoming dividend of US$0.19 per share

Are Investors Undervaluing B&G Foods, Inc. (NYSE:BGS) By 20%?

Now 20% undervalued

B&G Foods, Inc. Provides Earnings Guidance for the Full Year Fiscal 2024

Full year 2023 earnings: EPS misses analyst expectations

B&G Foods Declares Regular Quarterly Cash Dividend, Payable on April 30, 2024

B&G Foods, Inc. to Report Q4, 2023 Results on Feb 27, 2024

B&G Foods: Unexciting Prospects

Now 22% overvalued after recent price rise

Getting In Cheap On B&G Foods, Inc. (NYSE:BGS) Is Unlikely

B&G Foods: In Need Of A Major Strategic Shift

Upcoming dividend of US$0.19 per share at 7.2% yield

Price target decreased by 9.5% to US$9.57

Here's Why B&G Foods (NYSE:BGS) Has A Meaningful Debt Burden

B&G Foods' (NYSE:BGS) Dividend Will Be $0.19

B&G Foods, Inc. Declares Regular Quarterly Dividend, Payable on January 30, 2024

B&G Foods, Inc. Provides Earnings Guidance for the Year 2023

Third quarter 2023 earnings: EPS misses analyst expectations

Seneca Foods Corporation (NasdaqGS:SENE.A) acquired of Green Giant U.S. shelf stable vegetable product line of B&G Foods, Inc.

B&G Foods: Too Expensive, Even With A Single-Digit Forward P/E

B&G Foods, Inc. to Report Q3, 2023 Results on Nov 08, 2023

Price target decreased by 8.3% to US$12.64

Upcoming dividend of US$0.19 per share at 7.3% yield

B&G Foods (NYSE:BGS) Has A Somewhat Strained Balance Sheet

B&G Foods: Slight Margin Improvements But Future Growth Remains A Concern

B&G Foods, Inc. Partners with Sazerac Company to Release New Line of Weber(R) Seasoning Blends

Now 25% undervalued after recent price drop

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: US$0.15 (vs US$0.004 in 2Q 2022)

B&G Foods, Inc. Revises Earnings Guidance for the Year 2023

B&G Foods, Inc. Declares Regular Quarterly Dividend, Payable on October 30, 2023

Insufficient new directors

A Look At The Intrinsic Value Of B&G Foods, Inc. (NYSE:BGS)

B&G Foods, Inc. to Report Q2, 2023 Results on Aug 03, 2023

B&G Foods, Inc.(NYSE:BGS) dropped from Russell 2000 Value-Defensive Index

Upcoming dividend of US$0.19 per share at 5.4% yield

Insider recently sold US$175k worth of stock

B&G Foods: Leverage Overhang Continues

B&G Foods, Inc. Declares Regular Quarterly Dividend, Payable on July 31, 2023

Here's Why B&G Foods (NYSE:BGS) Is Weighed Down By Its Debt Load

B&G Foods, Inc. Reaffirms Earnings Guidance for the Year 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.19 per share at 5.1% yield

CFO & Executive VP of Finance notifies of intention to sell stock

CFO & Executive VP of Finance recently sold US$185k worth of stock

Price target increased by 10% to US$13.79

B&G Foods (NYSE:BGS) Is Reducing Its Dividend To $0.19

Full year 2022 earnings: EPS and revenues exceed analyst expectations

B&G Foods: Debt-Ridden, Even Selling All Long-Term Net Assets Can't Potentially Save Them

B&G Foods, Inc. to Report Q4, 2022 Results on Feb 28, 2023

Here's Why B&G Foods (NYSE:BGS) Is Weighed Down By Its Debt Load

Barilla America, Inc. acquired Back to Nature Foods Company, LLC from B&G Foods, Inc. (NYSE:BGS).

Price target decreased to US$12.81

Upcoming dividend of US$0.19 per share

B&G Foods (NYSE:BGS) Is Paying Out Less In Dividends Than Last Year

Barilla America, Inc. acquired Back to Nature Foods Company, LLC from B&G Foods, Inc. (NYSE:BGS).

B&G Foods to sell Back to Nature snack brand to Barilla America

B&G Foods' (NYSE:BGS) Dividend Is Being Reduced To $0.19

Price target decreased to US$14.44

Third quarter 2022 earnings: EPS misses analyst expectations

B&G Foods, Inc. Reaffirms Net Sales Guidance for the Full Year Fiscal 2022

B&G Foods, Inc. to Report Q3, 2022 Results on Nov 09, 2022

Price target decreased to US$18.94

B&G Foods: 12% Dividend Yield Is A Trap

Price target decreased to US$20.38

Revenue & Expenses Breakdown
Beta