secwatch.observer — SEC 8-K summary
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Issuer:     B&G Foods, Inc. (BGS)
CIK:        0001278027
Form:       8-K
Filed at:   2026-05-12T20:05:31+00:00
Accession:  0001104659-26-059373
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1278027/000110465926059373/0001104659-26-059373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1278027/000110465926059373/bgs-20260512x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-059373

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