Noticias y eventos de B&G Foods Inc (BGS)BGSB&G Foods Inc

Sees FY26 Revenue of $1.735B-$1.775B

Sees FY26 revenue $1.735B-$1.775B, consensus $1.75B.

B&G Foods Q2 Revenue at $383.28M, Below Consensus

Reports Q2 revenue $383.28M, consensus $395.95M. "Our second quarter results reflect the discipline we have brought to reshaping B&G Foods' portfolio. Following the divestiture of our Green Giant U.S. frozen business and the acquisition of the College Inn and Kitchen Basics brands, we grew adjusted EBITDA and expanded our adjusted EBITDA margin in the second quarter as compared to the second quarter of last year, while reducing selling, general and administrative expenses. We also completed a $475 million offering of senior notes due 2031 to refinance senior notes due 2027, strengthening our balance sheet. Together, these results keep us on track to deliver our full year 2026 guidance," said Bruce Wacha, Executive Vice President of Finance and Chief Financial Officer of B&G Foods.

B&G Foods CEO Casey Keller Announces Retirement

B&G Foods announced that Kenneth "Casey" Keller, President and Chief Executive Officer and a member of the Board of Directors, has notified B&G Foods of his intention to retire after five years in his position. B&G Foods and Keller mutually agreed that Keller's retirement as Chief Executive Officer and as a director will be effective August 7, 2026 but that Keller will on an ongoing basis assist B&G Foods in its leadership transition. Guided by B&G Foods' ongoing succession planning process, the Board has selected B&G Foods' next Chief Executive Officer, who has accepted the offer. The successor currently serves in a senior leadership position at another public company. At the successor's request, B&G Foods has not yet disclosed his identity. B&G Foods expects to announce shortly the incoming Chief Executive Officer and additional transition details in coordination with the reporting requirements of his current employer.