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01.07.25 - 22:09
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B&G Foods Announces Credit Agreement Amendment (Business Wire)
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— Provides Update Regarding Repurchases of 5.25% Senior Notes due 2027 —PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that it has completed an amendment to its senior secured credit facility. The amendment temporarily increases the maximum consolidated leverage ratio permitted under its revolving credit facility, decreases the size of its revolving credit facility and modifies certain other terms and conditions.
B&G Foods' maximum consolidated leverage ratio (defined as the ratio, determined on a pro forma basis, of consolidated net debt, as of the last day of any period of four consecutive fiscal quarters to adjusted EBITDA (as defined in the credit agreement) before share-based compensation for such period), will increase from 7.00 to 1.00 to 7.50 to 1.00 for the quarter ending June 28, 2025 through the quarter ending October 3, 2026 and then the maximum consolidated leverage ratio will decrease to 7.25 to 1.00 for the quarter ending January 2, 2027 before returning...
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26.06.25 - 23:42
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XFRA: DIVIDEND/INTEREST INFORMATION - 30.06.2025 - EQUBF_01 (XETRA)
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Das Instrument DHR US05508R1068 B + G FOODS INC. (NEW) EQUITY wird cum Dividende/Zinsen gehandelt am 27.06.2025 und ex Dividende/Zinsen am 30.06.2025
The instrument DHR US05508R1068 B + G FOODS INC. (NEW) EQUITY has its pre-dividend/interest day on 27.06.2025 and its ex-dividend/interest day on 30.06.2025...
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14.05.25 - 01:12
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B&G Foods Declares Regular Quarterly Dividend (Business Wire)
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PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.19 per share of common stock. The dividend is payable on July 30, 2025 to stockholders of record as of June 30, 2025.
At the closing market price of the common stock on May 13, 2025, the current dividend rate represents an annualized yield of 17.7%. This is the 83rd consecutive quarterly dividend declared by the Board of Directors since B&G Foods' initial public offering in October 2004.
About B&G Foods, Inc.
Based in Parsippany, New Jersey, B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. With B&G Foods' diverse portfolio of more than 50 brands you know and love, including B&G, B&M, Bear Creek, Cream of Wheat, Crisco, Dash, Green Giant, Las Palmas, Le Sueur, Mama Mary's, Maple Grove Farms, New York Style, Ortega, Polaner, Spice I...
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07.05.25 - 14:03
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B&G Foods Reports Financial Results for First Quarter 2025 (Business Wire)
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PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) today announced financial results for the first quarter of 2025.
Summary
First Quarter of 2025
(In millions, except per share data)
Change vs.
Amount
Q1 2024
Net Sales
$
425.4
(10.5)
%
Base Business Net Sales (1)
$
425.4
(10.5)
%
Diluted EPS
$
0.01
NM
%
Adj. Diluted EPS (1)
$
0.04
(77.8)
%
Net Income
$
0.8
NM
%
Adj. Net Income (1)
$
3.4
(76.0)
%
Adj. EBITDA (1)
$
59.1
(21.2)
%
Guidance for Full Year Fiscal 2025
Net sales revised to a range of $1.86 billion to $1.91 billion.
Adjusted EBITDA revised to a range of $280.0 million to $290.0 million.
Adjusted diluted earnings per share revised to a range of $0.55 to $0.65.
Commenting on the results, Casey Keller, President and Chief Executive Officer of B&G Foods, stated, “Our first quarter results reflect the challenging environment in the packaged foods industry at the start of 2025, including the impact of retailer inventory reductions an...
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23.04.25 - 22:06
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B&G Foods Announces Date of First Quarter 2025 Earnings Conference Call (Business Wire)
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PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that it intends to issue a press release with first quarter 2025 financial results after the market close on Wednesday, May 7, 2025. B&G Foods has scheduled a conference call at 4:30 p.m. ET that same day to discuss the results. Hosting the call will be Casey Keller, President and Chief Executive Officer and Bruce Wacha, Executive Vice President of Finance and Chief Financial Officer.
The earnings press release and live audio webcast of the conference call can be accessed at www.bgfoods.com/investor-relations. A replay of the webcast will be available following the conference call through the same link.
About B&G Foods, Inc.
Based in Parsippany, New Jersey, B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. With B&G Foods' diverse portfolio of more than 50 brands you know and love, including B&G, B&M, Bear Creek, ...
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26.02.25 - 01:00
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B&G Foods (BGS) Q4 Earnings Match Estimates (Zacks)
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B&G Foods (BGS) delivered earnings and revenue surprises of 0% and 0.90%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?...
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