Associated tags: Giant, B&G Foods, B&M, Food court, Love, Dash, Green Giant, Food, Beverage, Retail, Supermarket, BGS, NYSE, Webcast
Locations: NY, MAINE, VIRGINIA, NEW YORK CITY, PHILADELPHIA, YUMA, UNITED STATES, NORTH AMERICA, MASSACHUSETTS, NEW YORK, NEW JERSEY, MA, BOSTON, CANADA, VICTORIA, PUERTO RICO, LE SUEUR
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.
Key Points:
- 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, 2024 to stockholders of record as of June 28, 2024.
- At the closing market price of the common stock on May 21, 2024, the current dividend rate represents an annualized yield of 7.9%.
- This is the 79th consecutive quarterly dividend declared by the Board of Directors since B&G Foods’ initial public offering in October 2004.
Honey,
Partnership,
Spice,
B&G Foods,
6666 Ranch,
Food,
Life,
Hoisin sauce,
Hot sauce,
Cattle,
BBQ,
History PARSIPPANY, N.J., May 13, 2024 /PRNewswire/ -- B&G Foods announced today a partnership with Four Sixes (6666) Ranch to introduce Four Sixes™ Seasonings, BBQ & Hot Sauces. The line is crafted to bring the authentic flavors of the iconic 154-year-old ranch in Guthrie, Texas, one of the most historic cattle and horse ranches in America, to home cooks across the country.
Key Points:
- PARSIPPANY, N.J., May 13, 2024 /PRNewswire/ -- B&G Foods announced today a partnership with Four Sixes (6666) Ranch to introduce Four Sixes™ Seasonings, BBQ & Hot Sauces .
- "Four Sixes™ Spices, Seasonings, BBQ & Hot Sauces perfectly capture the Western essence of Four Sixes Ranch, tasting the line instantly transports your tastebuds a Texas ranch way of life," said Taylor Sheridan, co-owner of the Four Sixes Ranch.
- As featured on the hit TV show Yellowstone, the sprawling Four Sixes Ranch has over 150 years of Texas heritage.
- For more information about the release of Four Sixes™ Spices, Seasonings, BBQ & Hot Sauces, including recipe ideas, please visit: 6666flavors.com .
Retail,
Supermarket,
Food,
Beverage,
Giant,
Cream,
B&G Foods,
Spice,
Cognitive computer,
Br'er Rabbit,
Transport,
Clabber Girl,
B&M,
Acquisition,
Dash,
Green Giant,
Pharmaceutical industry Commenting on the results, Casey Keller, President and Chief Executive Officer of B&G Foods, stated, “B&G Foods’ first quarter results demonstrated consistent margins and moderating inflation, with declines in net sales driven by foodservice trends and increased promotion spending.
Key Points:
- Commenting on the results, Casey Keller, President and Chief Executive Officer of B&G Foods, stated, “B&G Foods’ first quarter results demonstrated consistent margins and moderating inflation, with declines in net sales driven by foodservice trends and increased promotion spending.
- Base business net sales for the first quarter of 2024 decreased $22.0 million, or 4.4%, to $475.3 million from $497.3 million for the first quarter of 2023.
- The Company’s adjusted diluted earnings per share for the first quarter of 2024 was negatively impacted by an increase to the weighted average shares outstanding in the first quarter of 2024 compared to the first quarter of 2023.
- However, beginning with the first quarter of 2024, the Company now operates in, and has begun reporting results by, four business segments.
Retrieved on:
Wednesday, April 24, 2024
Mount Holyoke College,
Doctor,
Harvard Law School,
B&G Foods,
The Broadway League,
BGS,
Death,
Trustee,
Television Academy,
Growth,
Female,
Tenneco,
Knowledge,
Producer,
Audit committee,
Television,
Jo-Anne,
Second,
GLPI,
Avon Products The appointment of Ms. Chase to the Board of Directors brings the total number of directors to eight, seven of whom are considered independent according to the listing standards of the Nasdaq Stock Exchange.
Key Points:
- The appointment of Ms. Chase to the Board of Directors brings the total number of directors to eight, seven of whom are considered independent according to the listing standards of the Nasdaq Stock Exchange.
- Ms. Chase has also been appointed as a member of the Nominating and Corporate Governance Committee of the Board of Directors, effective immediately.
- Ms. Chase is the founder and Chief Executive Officer of an entertainment production company doing business as Martin Chase Productions.
- Ms. Chase holds degrees from Mount Holyoke College, including an honorary Doctorate of Arts, and the Harvard Law School.
Retrieved on:
Wednesday, April 17, 2024
B&G Foods, Inc. (NYSE: BGS) announced today that it intends to issue a press release with first quarter 2024 financial results after the market close on Wednesday, May 8, 2024.
Key Points:
- B&G Foods, Inc. (NYSE: BGS) announced today that it intends to issue a press release with first quarter 2024 financial results after the market close on Wednesday, May 8, 2024.
- B&G Foods has scheduled a conference call at 4:30 p.m.
- The earnings press release and live audio webcast of the conference call can be accessed at www.bgfoods.com/investor-relations .
- A replay of the webcast will be available following the conference call through the same link.
Retrieved on:
Tuesday, February 27, 2024
Retail,
Supermarket,
Food,
Beverage,
Giant,
Cream,
Molly,
Acquisition,
Forecasting,
Back to Nature,
Transport,
Flatbread,
Sale,
Green Giant,
Clabber Girl,
B&G Foods,
Vegetable,
GAAP,
Crisco,
Webcast,
Farm,
Cream of Wheat Base business net sales for the fourth quarter of 2023 decreased $13.3 million, or 2.3%, to $562.3 million from $575.6 million for the fourth quarter of 2022.
Key Points:
- Base business net sales for the fourth quarter of 2023 decreased $13.3 million, or 2.3%, to $562.3 million from $575.6 million for the fourth quarter of 2022.
- Base business net sales of all other brands in the aggregate decreased $4.6 million, or 3.5%, for the fourth quarter of 2023, as compared to the fourth quarter of 2022.
- Selling, general and administrative expenses increased $1.3 million, or 2.7%, to $53.2 million for the fourth quarter of 2023 from $51.9 million for the fourth quarter of 2022.
- ET today, February 27, 2024 to discuss fourth quarter and full year 2023 financial results.
Retrieved on:
Monday, February 26, 2024
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.
Key Points:
- 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 April 30, 2024 to stockholders of record as of March 28, 2024.
- At the closing market price of the common stock on February 26, 2024, the current dividend rate represents an annualized yield of 8.1%.
- This is the 78th consecutive quarterly dividend declared by the Board of Directors since B&G Foods’ initial public offering in October 2004.
Retrieved on:
Monday, February 19, 2024
B&G Foods, Inc. (NYSE: BGS) today explained the tax treatment for dividends paid in 2023 on the Company’s common stock.
Key Points:
- B&G Foods, Inc. (NYSE: BGS) today explained the tax treatment for dividends paid in 2023 on the Company’s common stock.
- Additional information concerning the tax treatment of dividends paid in 2023 is posted to the Investors section of B&G Foods’ website, www.bgfoods.com , under the headings “FAQs” and “IRS Form 8937.” Holders are also urged to consult their own tax advisors to determine their individual tax treatment.
- In 2023, B&G Foods distributed $0.76000 per share of common stock (CUSIP # 05508R 10 6).
- The table below summarizes the tax treatment for dividends paid in 2023 on the Company’s common stock.
B&G Foods, Inc. (NYSE: BGS) announced today that it intends to issue a press release with fourth quarter and fiscal year 2023 financial results after the market close on Tuesday, February 27, 2024.
Key Points:
- B&G Foods, Inc. (NYSE: BGS) announced today that it intends to issue a press release with fourth quarter and fiscal year 2023 financial results after the market close on Tuesday, February 27, 2024.
- B&G Foods has scheduled a conference call at 4:30 p.m.
- The earnings press release and live audio webcast of the conference call can be accessed at www.bgfoods.com/investor-relations .
- A replay of the webcast will be available following the conference call through the same link.
Retrieved on:
Thursday, February 1, 2024
Growth,
Risk management,
PwC,
Financial management,
Initial public offering,
Food,
MBA,
BGS,
Small Business Saturday,
BSBA,
HGG,
Benson E. Hill,
University,
PWC,
Management ONTARIO, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Heritage Grocers Group (“Heritage” or “HGG”), one of the leading Hispanic food retailers in the country, is pleased to announce it has named DeAnn Brunts as a member of its Board of Directors, effective immediately.
Key Points:
- ONTARIO, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Heritage Grocers Group (“Heritage” or “HGG”), one of the leading Hispanic food retailers in the country, is pleased to announce it has named DeAnn Brunts as a member of its Board of Directors, effective immediately.
- With more than 30 years of executive experience in operational, strategic and financial management, Ms. Brunts is a seasoned expert in risk management and governance.
- “We are thrilled to bring DeAnn onto HGG’s Board of Directors and look forward to all that her expertise and senior knowledge will bring to the company,” said Doug Sanders, Chairman and CEO of Heritage Grocers Group.
- She currently serves on the Board of Directors for B&G Foods Inc. (NYSE:BGS), a position she has held since 2015, Benson Hill (since 2020) and Claire’s Holdings, LLC (since 2021).
