B&G Foods, Inc. (BGS)

B&G Foods, Inc. (BGS) Consumer Business Overview

B&G Foods, Inc. operates within the consumer defensive sector, manufacturing and distributing a diverse range of shelf-stable and frozen foods across North America. The company's extensive brand portfolio and established distribution network position it to cater to evolving consumer preferences in the packaged foods market.

What Is the Investment Thesis for BGS?

B&G Foods, Inc. presents a mixed investment case. The company's extensive brand portfolio in the consumer staples sector provides a degree of stability, evidenced by a beta of 0.51. However, the company's negative profit margin of -2.4% raises concerns about profitability. The high dividend yield of 14.21% may attract income-seeking investors, but its sustainability needs careful evaluation. Key growth catalysts include potential brand revitalization and strategic acquisitions. Investors should monitor the company's ability to improve profitability and manage its debt effectively. The company's gross margin stands at 21.8%.

Based on FMP financials and quantitative analysis

BGS Key Highlights

• Market capitalization of $323.45M, reflecting its size within the packaged foods industry.
• Negative profit margin of -2.4%, indicating challenges in achieving profitability.
• Gross margin of 21.8%, representing the percentage of revenue remaining after deducting the cost of goods sold.
• Beta of 0.51, suggesting lower volatility compared to the overall market.
• High dividend yield of 14.21%, potentially attractive to income-seeking investors but requiring scrutiny of sustainability.

Who Are BGS's Competitors?

BGS is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are BGS's Key Strengths?

• Diverse portfolio of well-known brands.
• Established distribution network.
• Focus on shelf-stable and frozen foods.
• Experienced management team.

What Are BGS's Weaknesses?

• Negative profit margin.
• High debt levels.
• Dependence on a limited number of key brands.
• Vulnerability to commodity price fluctuations.

What Could Drive BGS Stock Higher?

• Potential for improved profitability through cost-cutting measures and operational efficiencies.
• Continued focus on brand revitalization and innovation to drive sales growth.
• Strategic acquisitions to expand product portfolio and market reach.

What Are the Key Risks for BGS?

• Financial-distress signal — its Altman Z-Score of 1.17 sits in the distress zone (elevated bankruptcy risk).
• Negative return on equity (-16.8%) — the business is not currently generating profit on shareholder capital.
• Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
• Increased competition in the packaged foods industry could put pressure on pricing and market share.
• Fluctuations in commodity prices could impact profitability.
• High debt levels could limit financial flexibility and increase interest expenses.
• Changing consumer preferences could require significant investments in product development and marketing.

What Are the Growth Opportunities for BGS?

• Brand Revitalization: B&G Foods can focus on revitalizing its existing brands through innovative marketing campaigns, product reformulation, and packaging upgrades. By investing in brand equity and appealing to evolving consumer preferences, B&G Foods can drive sales growth and increase market share. The market for revitalized food brands is substantial, with consumers increasingly seeking authentic and high-quality products.
• Strategic Acquisitions: B&G Foods can pursue strategic acquisitions to expand its product portfolio, enter new markets, and gain access to new technologies. By acquiring complementary businesses, B&G Foods can diversify its revenue streams, strengthen its competitive position, and create synergies. The market for acquisitions in the packaged foods industry remains active, with opportunities to acquire brands and businesses that align with B&G Foods' strategic objectives.
• Expansion into Emerging Markets: B&G Foods can explore opportunities to expand its presence in emerging markets, where demand for packaged foods is growing rapidly. By entering new geographies, B&G Foods can tap into new customer segments, diversify its revenue base, and capitalize on favorable demographic trends. The market for packaged foods in emerging markets is expected to continue growing, driven by rising incomes and urbanization.
• Product Innovation: B&G Foods can invest in research and development to create new and innovative products that meet evolving consumer needs and preferences. By developing products that are healthier, more convenient, and more sustainable, B&G Foods can attract new customers, increase brand loyalty, and drive sales growth. The market for innovative food products is substantial, with consumers increasingly seeking products that offer unique benefits and experiences.
• E-commerce Expansion: B&G Foods can further expand its presence in the e-commerce channel, where online sales of packaged foods are growing rapidly. By investing in its online platform, optimizing its digital marketing efforts, and partnering with e-commerce retailers, B&G Foods can reach a wider audience, increase brand awareness, and drive online sales. The e-commerce channel is expected to continue growing, driven by increasing internet penetration and changing consumer shopping habits.

What Opportunities Does BGS Have?

• Brand revitalization and innovation.
• Strategic acquisitions.
• Expansion into emerging markets.
• Growth in e-commerce.

What Threats Does BGS Face?

• Intense competition in the packaged foods industry.
• Changing consumer preferences.
• Economic downturns.
• Regulatory changes.

What Are BGS's Competitive Advantages?

• Established Brand Portfolio: B&G Foods owns a diverse portfolio of well-known brands with strong consumer recognition.
• Distribution Network: The company has a well-established distribution network that reaches a wide range of retail channels.
• Shelf-Stable Focus: B&G Foods specializes in shelf-stable foods, which offer longer shelf life and lower storage costs.
• Scale: B&G Foods benefits from economies of scale in manufacturing and distribution.

What Does BGS Do?

Founded in 1822 and headquartered in Parsippany, New Jersey, B&G Foods, Inc. has evolved into a prominent player in the packaged foods industry. Originally known as B&G Foods Holdings Corp., the company rebranded in October 2004 to B&G Foods, Inc. The company manufactures, sells, and distributes a wide array of shelf-stable and frozen foods, along with household products, across the United States, Canada, and Puerto Rico. B&G Foods boasts a diverse portfolio of brands, including well-known names such as Green Giant, Crisco, Ortega, and Cream of Wheat. These brands span various food categories, including frozen and canned vegetables, cooking oils, oatmeal, fruit spreads, canned meats, spices, sauces, and baking ingredients. In addition to its food products, B&G Foods also markets and distributes household products under the Static Guard brand. The company's distribution network includes direct sales, independent brokers, and distributors, reaching supermarket chains, foodservice outlets, mass merchants, warehouse clubs, and specialty distributors. This multifaceted approach enables B&G Foods to maintain a strong presence in the competitive packaged foods market.

What Products and Services Does BGS Offer?

• Manufactures and distributes shelf-stable and frozen foods.
• Offers a wide range of products including vegetables, cooking oils, cereals, and sauces.
• Markets products under various brands like Green Giant, Crisco, and Ortega.
• Sells and distributes household products under the Static Guard brand.
• Utilizes a network of brokers and distributors to reach various retail channels.
• Operates in the United States, Canada, and Puerto Rico.

How Does BGS Make Money?

• Manufactures and sources a variety of food and household products.
• Markets and distributes these products under its own brand names.
• Sells products through supermarkets, foodservice outlets, and other retailers.
• Generates revenue from the sale of its branded products.

What Industry Does BGS Operate In?

B&G Foods operates in the competitive packaged foods industry, characterized by established players and evolving consumer preferences. The industry is influenced by trends such as health and wellness, convenience, and sustainability. Companies are adapting to these trends through product innovation, marketing strategies, and supply chain optimization. B&G Foods competes with other packaged food companies, both large and small, for market share and consumer loyalty. The company's success depends on its ability to maintain brand relevance, manage costs, and capitalize on growth opportunities in the changing food landscape.

Who Are BGS's Key Customers?

• Supermarket chains.
• Foodservice outlets.
• Mass merchants.
• Warehouse clubs.
• Consumers in the United States, Canada, and Puerto Rico.

FY2027 estForward Outlook

Wall Street analysts project B&G Foods, Inc. revenue of about $1.73B for fiscal 2027, with EPS near $0.60. The estimate reflects 3 contributing analysts.

F-Score 3/9Financial Health

B&G Foods, Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 1.17 places it in the distress zone, a signal of elevated financial risk.

ROE -17%Key Financial Metrics

Return on equity for B&G Foods, Inc. stands at -16.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -2.7%, showing how much profit it generates from its asset base. Its free cash flow yield is 14.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.99 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -23.8%, the inverse of the P/E and a quick read on earnings relative to price.

B&G Foods, Inc. (BGS) Valuation Context

Valued at $323.45M, BGS is classified as a small-cap stock. Relative to its peer group, BGS's quantitative score of 43/100 is below the peer average of 61/100.

BGS Revenue & Earnings Trend

In Q2 2026, BGS generated $408.9M in top-line revenue, marking a sequential decrease of 24.2%. The company recorded a net loss of $32.5M, with diluted EPS of $-0.41. Quarter-over-quarter revenue has been mixed, typical for a small-cap company operating in Consumer Defensive. Across the four most recent quarters, BGS averaged $-0.24 in diluted EPS.

Company Profile

B&G Foods, Inc. operates in the Packaged Foods industry within the Consumer Defensive sector. It is headquartered in Parsippany, US. The company is led by CEO Kenneth Charles Keller Jr.. BGS has traded publicly since 2007.

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Common Questions About BGS (Consumer Defensive)

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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