---
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"
generated_at: "2026-05-12T21:34:04.080216+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-059373
- JSON: https://secwatch.observer/filing/0001104659-26-059373.json
- Plain text: https://secwatch.observer/filing/0001104659-26-059373.txt

## Key facts
- Earnings Releases
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1278027/000110465926059373/0001104659-26-059373-index.htm
- Earnings Releases
  B&G Foods, Inc. updated its Full Year Fiscal 2026 guidance (reaffirmed).
  - Period: Full Year Fiscal 2026
  - Guidance: reaffirmed
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1278027/000110465926059373/0001104659-26-059373-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.