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Last $29.27 USD
Change Today +0.28 / 0.97%
Volume 312.2K
As of 6:40 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

b&g foods inc (BGS) Snapshot

Open
$29.09
Previous Close
$28.99
Day High
$29.29
Day Low
$28.72
52 Week High
04/24/15 - $32.67
52 Week Low
10/8/14 - $27.03
Market Cap
1.7B
Average Volume 10 Days
351.1K
EPS TTM
$1.28
Shares Outstanding
58.0M
EX-Date
09/28/15
P/E TM
22.9x
Dividend
$1.40
Dividend Yield
4.65%
Current Stock Chart for B&G FOODS INC (BGS)

b&g foods inc (BGS) Related Businessweek News

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b&g foods inc (BGS) Details

B&G Foods, Inc. manufactures, sells, and distributes shelf-stable food and household products in the United States, Canada, and Puerto Rico. Its portfolio of products include hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, puffed corn and rice snacks, nut clusters, Greek yogurt coated granola bars and bites, and other specialty products. The company markets its products under various brands, including 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, JJ Flats, Joan of Arc, Las Palmas, MacDonald’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. It also sells and distributes household products under the Static Guard and Kleen Guard brand names. B&G Foods offers its products directly, as well as via a network of independent brokers and distributors to supermarket chains, food service 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 1996 and is headquartered in Parsippany, New Jersey.

956 Employees
Last Reported Date: 03/4/15
Founded in 1996

b&g foods inc (BGS) Top Compensated Officers

Chief Executive Officer, President, Inside Di...
Total Annual Compensation: $475.0K
Executive Vice President of Operations
Total Annual Compensation: $291.5K
Chief Compliance Officer, Executive Vice Pres...
Total Annual Compensation: $400.0K
Executive Vice President of Snacks
Total Annual Compensation: $328.5K
Executive Vice President of Sales & Marketing
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2014.

b&g foods inc (BGS) Key Developments

B&G Foods Inc Increases Quarterly Dividend Payable on October 30, 2015

B&G Foods Inc. announced that its Board of Directors has increased quarterly cash dividend rate by 2.9% from $0.34 per share of common stock to $0.35 per share of common stock. The quarterly dividend declared is payable on October 30, 2015 to shareholders of record as of September 30, 2015.

B&G Foods Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 4, 2015; Revises Earnings Guidance for the Fiscal 2015

B&G Foods Inc. announced unaudited consolidated earnings results for the second quarter and six months ended July 4, 2015. For the quarter, the company's net sales were $193.6 million compared with $202.9 million a year ago. Operating income was $40.1 million compared with $42.6 million a year ago. Income before income tax expense was $29.1 million compared with $25.0 million a year ago. Net income was $18.7 million or $0.33 per basic and diluted share compared with $16.1 million or $0.30 per basic and diluted share a year ago. EBITDA was $46.97 million compared with $49.6 million a year ago. Adjusted EBITDA was $47.4 million compared with $46.1 million a year ago. Net cash provided by operating activities was $18.9 million compared with $5.1 million a year ago. Adjusted net income was $19.0 million or $0.34 per diluted share compared with $17.5 million or $0.33 per diluted share a year ago. For the six months, the company's net sales were $410.8 million compared with $401.0 million a year ago. Net sales were negatively impacted by the Rickland Orchards brand, whose net sales decreased by $13.7 million compared to the first two quarters of 2014, a continuation of the weakness that caused the company to impair the brand’s trademark and customer relationship intangible assets in 2014. Operating income was $82.0 million compared with $81.4 million a year ago. Income before income tax expense was $59.4 million compared with $52.7 million a year ago. Net income was $38.3 million or $0.69 per basic and diluted share compared with $33.9 million or $0.63 per basic and diluted share a year ago. EBITDA was $95.4 million compared with $95.4 million a year ago. Adjusted EBITDA was $97.3 million compared with $92.5 million a year ago. Net cash provided by operating activities was $57.6 million compared with $36.1 million a year ago. Adjusted net income was $39.6 million or $0.72 per diluted share compared with $35.8 million or $0.67 per diluted share a year ago. The company increased its adjusted EBITDA guidance for fiscal 2015 to a range of $199.0 million to $204.0 million and net sales guidance to a range of $875.0 million to $885.0 million. The company also decreased its adjusted diluted earnings per share guidance for fiscal 2015 to a range of $1.44 to $1.50, primarily due to an additional 4.2 million shares outstanding following the company’s second quarter 2015 public offering. The company expects tax rate around 35.5% for the rest of the year. The company expects interest expense in the range of $43 million to $45 million.

B&G Foods Inc. to Report Q2, 2015 Results on Jul 22, 2015

B&G Foods Inc. announced that they will report Q2, 2015 results at 4:30 PM, US Eastern Standard Time on Jul 22, 2015

 

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BGS:US $29.27 USD +0.28

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Industry Analysis

BGS

Industry Average

Valuation BGS Industry Range
Price/Earnings 34.8x
Price/Sales 1.9x
Price/Book 3.6x
Price/Cash Flow 29.6x
TEV/Sales 0.7x
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