B&G Foods, Inc. (BGS) Form 8-K — Aug 11, 2026
B&G Foods reported second quarter 2026 net sales of $383.3 million, down 9.7% year-over-year, driven primarily by the Green Giant U.S. frozen, Le Sueur U.S. and Don Pepino divestitures. The company posted a GAAP net loss of $4.0 million, or $0.05 per diluted share, improved from a $9.8 million loss in Q2 2025.
Key figures
- Revenue
- 383300000
- Guidance
- FY2026 reaffirmed: net sales $1.735B-$1.775B; adjusted EBITDA $275.0M-$290.0M; adjusted diluted EPS $0.575-$0.675
- Net Income
- -4000000
- Total Debt
- $2,522.3M ($513.8M current portion + $2,008.5M long-term)
- Revenue Yoy
- -9.7%
- Total Assets
- 3359568000
- Cash Position
- 591576000
- Shares Outstanding
- 81276895
- H1 net loss
- $(36.5)M
- H1 net sales
- $792.2M, -6.8% YoY
- Adjusted eps q2
- $0.06, +50.0% YoY
- Adjusted ebitda q2
- $60.4M, +4.2% YoY
- H1 adjusted ebitda
- $118.0M, +0.8% YoY
- Senior notes due 2031
- $475M at 11.00%, issued June 10, 2026 to refinance 5.25% notes due 2027
- Adjusted net income q2
- $4.9M, +70.6% YoY
- Base business net sales
- $346.3M, -2.9% YoY
- Net interest expense q2
- $38.5M, +7.5% YoY
- Adjusted ebitda margin q2
- 15.8% vs 13.7% year-ago
- H1 loss on sale of assets
- $36.3M (primarily Green Giant U.S. frozen divestiture)
- Dividend declared per share q2
- $0.095 vs $0.190 year-ago
- College inn kitchen basics q2 net sales
- $13.2M
- Green giant co manufacturing q2 net sales
- $23.9M
Price after filing
1 day: -3.4%7 days: -2.0%30 days: -7.7%
Close on the filing date to close N calendar days later (from $3.52). Historical, not a forecast.
AI analysis
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