SEC Form DEF 14A filed by B&G Foods Inc.

B&G Foods, Inc. (NYSE:BGS) announced today that it has sold its Don Pepino and Sclafani brands of pizza and spaghetti sauces, crushed tomatoes, tomato puree and whole peeled tomatoes to Violet Foods LLC, a newly formed portfolio company of Amphora Equity Partners LLC. The sale included the manufacturing facility in Williamstown, New Jersey where the products are produced. "The divestiture of the Don Pepino and Sclafani brands is consistent with our efforts to reshape our portfolio, focus on our core brands and reduce long-term debt," said Casey Keller, President and Chief Executive Officer of B&G Foods. "We believe that Amphora is the right owner to support the future growth of the Don Pe

B&G Foods, Inc. (NYSE:BGS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.19 per share of common stock. The dividend is payable on July 30, 2025 to stockholders of record as of June 30, 2025. At the closing market price of the common stock on May 13, 2025, the current dividend rate represents an annualized yield of 17.7%. This is the 83rd consecutive quarterly dividend declared by the Board of Directors since B&G Foods' initial public offering in October 2004. About B&G Foods, Inc. Based in Parsippany, New Jersey, B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the

B&G Foods, Inc. (NYSE:BGS) today announced financial results for the first quarter of 2025. Summary     First Quarter of 2025 (In millions, except per share data)     Change vs.     Amount   Q1 2024 Net Sales   $ 425.4   (10.5) % Base Business Net Sales (1)   $ 425.4   (10.5) % Diluted EPS $ 0.01 NM % Adj. Diluted EPS (1)   $ 0.04   (77.8) % Net Income   $ 0.8   NM % Adj. Net Income (1)   $ 3.4   (76.0) % Adj. EBITDA (1)   $ 59.1   (21.2) % Guidance for Full Year Fiscal 2025 Net sales revis