---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-007356"
form_type: "8-K"
ticker: "BGS"
cik: "0001278027"
company_name: "B&G Foods, Inc."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:23:58.125210+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# B&G Foods Q1 EPS drops 34.6% to $0.34; gross margin falls to 19.0% on input cost inflation

## Summary
- Net sales up 5.4% to $532.4M; base business net sales up 5.6% to $532.2M.
- Diluted EPS $0.34 (down 17.1% YoY); adjusted diluted EPS $0.34 (down 34.6% YoY).
- Gross profit margin 19.0% vs 23.3% a year ago, hit by raw material and transportation cost inflation.
- FY22 guidance: adj. EBITDA $348-358M (down), adj. diluted EPS $1.65-1.75, net sales raised to $2.10-2.14B.
- Gain of $7.1M on sale of Portland, ME facility, partially offset by $2.2M closure costs.

## SEC filing metadata
- accession: 0001558370-22-007356
- form_type: 8-K
- ticker: BGS
- cik: 0001278027
- company_name: B&G Foods, Inc.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1278027/000155837022007356/0001558370-22-007356-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278027/000155837022007356/bgs-20220505x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-007356
- JSON: https://secwatch.observer/filing/0001558370-22-007356.json
- Plain text: https://secwatch.observer/filing/0001558370-22-007356.txt

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