B&G Foods Q1 net loss $32.5M on divestiture loss; cuts dividend; revises guidance

B&G Foods, Inc.

Net sales $408.9M, down 3.9% YoY; base business net sales +2.8% to $365.1M.
Diluted EPS ($0.41); adjusted EPS $0.08; net loss of $32.5M included $36.3M loss on Green Giant sale.
Dividend reduced from $0.76 to $0.38 per share annually, effective with July 30, 2026 payment.
FY 2026 revised guidance: net sales $1.735-1.775B, adj. EBITDA $275-290M, adj. diluted EPS $0.575-0.675.
Spices & Flavor Solutions adj. EBITDA +13.1%; Meals adj. EBITDA -20.1% on raw material and tariff costs.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

B&G Foods, Inc. reported first quarter of 2026 results: revenue $408.9 million, net income net loss of $32.5 million, EPS $0.41 per diluted share. Guidance reaffirmed.

Period: first quarter of 2026
Revenue: $408.9 million
Net income: net loss of $32.5 million
EPS: $0.41 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

and delivered 2.8% base business net sales growth.” Financial Results for First Quarter of 2026 Net sales for the first quarter of 2026 decreased $16.5 million, or 3.9%, to $408.9 million from $425.4 million for the first quarter of 2025. The decrease was primarily attributable to the Green Giant U.S. frozen, Le Sueur U.S. and Don Pepino divestitures, partially

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Earnings Releases SEC 8-K Item 2.02 confidence 0.98

B&G Foods, Inc. updated its Full Year Fiscal 2026 guidance (reaffirmed).

Period: Full Year Fiscal 2026
Guidance: reaffirmed
Result: guidance update

Exact text from the filing

Guidance for Full Year Fiscal 2026 ● Net sales revised to a range of $1.735 billion to $1.775 billion. ● Adjusted EBITDA revised to a range of $275.0 million to $290.0 million. ● Adjusted diluted earnings per share revised to a range of $0.575 to $0.675.

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Source: SEC EDGAR

accession 0001104659-26-059373

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