{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-059373","form_type":"8-K","ticker":"BGS","cik":"0001278027","company_name":"B&G Foods, Inc.","filed_at":"2026-05-12T20:05:31+00:00","discovered_at":"2026-05-12T20:07:00.310971+00:00","generated_at":"2026-05-12T21:34:04.080216+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"B&G Foods Q1 net loss $32.5M on divestiture loss; cuts dividend; revises guidance","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-059373","json":"https://secwatch.observer/filing/0001104659-26-059373.json","markdown":"https://secwatch.observer/filing/0001104659-26-059373.md","text":"https://secwatch.observer/filing/0001104659-26-059373.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1278027/000110465926059373/0001104659-26-059373-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1278027/000110465926059373/bgs-20260512x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T21:34:04.080216+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"764184d3a5e25175e48b1b8f421b18a8cf1d2f34","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1278027/000110465926059373/0001104659-26-059373-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2026"},{"label":"Revenue","value":"$408.9 million"},{"label":"Net income","value":"net loss of $32.5 million"},{"label":"EPS","value":"$0.41 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a48419e537729f63defef2f5b6055f9cf58ad6f0","claim":"B&G Foods, Inc. updated its Full Year Fiscal 2026 guidance (reaffirmed).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1278027/000110465926059373/0001104659-26-059373-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year Fiscal 2026"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}