B&G Foods, Inc.
For the period ended Nov 5, 2025. Filed Nov 5, 2025.
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Nov 5, 2025 · Filed Nov 5, 2025
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BGS$2.50+1.2%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In thousands, except per share data)
(In thousands, except per share data)
| | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| · Third Quarter Ended · · First Three Quarters Ended | |||||||||||
| · September 27, · September 28, · September 27, · September 28, | |||||||||||
| · 2025 · 2024 · 2025 · 2024 | |||||||||||
| Net sales | $439,304 | | $461,073 | | $1,289,131 | | $1,380,886 | ||||
| Cost of goods sold | 340,291 | | 358,728 | | 1,013,049 | | 1,077,623 | ||||
| Gross profit | 99,013 | | 102,345 | | 276,082 | | 303,263 | ||||
| | | | | | | | | | | | |
| Operating expenses: | | | | | | | | | | | |
| Selling, general and administrative expenses | 44,615 | | 45,988 | | 140,945 | | 137,728 | ||||
| Amortization expense | 5,083 | | 5,110 | | 15,301 | | 15,333 | ||||
| Impairment of goodwill | | — | | — | | | — | | | 70,580 | |
| Impairment of intangible assets | | 26,000 | | — | | | 26,000 | | | — | |
| (Gain) loss on sales of assets | | (15,513) | | — | | (2,867) | | 135 | |||
| Impairment of assets held for sale | | 27,800 | | | — | | | 27,800 | | | — |
| Operating income | 11,028 | | 51,247 | | 68,903 | | 79,487 | ||||
| | | | | | | | | | | | |
| Other expenses (income): | | | | | | | | | | | |
| Interest expense, net | 37,297 | | 42,166 | | 110,835 | | 117,799 | ||||
| Other income | | (1,201) | | | (1,046) | | | (3,549) | | | (3,134) |
| (Loss) income before income tax (benefit) expense | (25,068) | | 10,127 | | (38,383) | | (35,178) | ||||
| Income tax (benefit) expense | (5,926) | | 2,663 | | (10,304) | | (6,341) | ||||
| Net (loss) income | $(19,142) | | $7,464 | | $(28,079) | | $(28,837) | ||||
| | | | | | | | | | | | |
| Weighted average shares outstanding: | | | | | | | | | | | |
| Basic | | 79,994 | | | 79,164 | | | 79,675 | | | 78,965 |
| Diluted | | 79,994 | | | 79,404 | | | 79,675 | | | 78,965 |
| | | | | | | | | | | | |
| (Loss) earnings per share: | | | | | | | | | | | |
| Basic | $(0.24) | | $0.09 | | $(0.35) | | $(0.37) | ||||
| Diluted | $(0.24) | | $0.09 | | $(0.35) | | $(0.37) | ||||
| | | | | | | | | | | | |
| Cash dividends declared per share | $0.19 | | $0.19 | | $0.57 | | $0.57 | ||||
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