---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-017147"
form_type: "8-K"
ticker: "BGS"
cik: "0001278027"
company_name: "B&G Foods, Inc."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T00:44:58.104190+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# B&G Foods Q3 GAAP loss of $0.83 per share, cuts dividend 60% to $0.76 annual, lowers FY22 EBITDA guidance

## Summary
- GAAP net loss $59.6M (diluted EPS -$0.83) vs net income $20.7M (EPS $0.32) in Q3 2021.
- Adjusted diluted EPS $0.31, down 43.6% YoY; adjusted EBITDA $80.2M, down 16.6% YoY.
- Annual dividend cut from $1.90 to $0.76 per share; expects ~$54.5M in aggregate FY2023 payments.
- FY2022 guidance: net sales reaffirmed $2.10-2.14B; adjusted EBITDA revised to $290-300M; adjusted EPS $0.90-1.00.
- Recorded $103.6M non-cash impairment for Back to Nature assets held for sale.

## SEC filing metadata
- accession: 0001558370-22-017147
- form_type: 8-K
- ticker: BGS
- cik: 0001278027
- company_name: B&G Foods, Inc.
- filed_at: 2022-11-09T23:59:59+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/1278027/000155837022017147/0001558370-22-017147-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278027/000155837022017147/bgs-20221109x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-017147
- JSON: https://secwatch.observer/filing/0001558370-22-017147.json
- Plain text: https://secwatch.observer/filing/0001558370-22-017147.txt

## Key facts
- Earnings Releases
  B&G Foods, Inc. reported Third Quarter of 2022 results: revenue $528.4 million.
  - Period: Third Quarter of 2022
  - Revenue: $528.4 million
  - Result: reported results
  source text: Net sales for the third quarter of 2022 increased $13.4 million, or 2.6%, to $528.4 million from $515.0 million for the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278027/000155837022017147/0001558370-22-017147-index.htm

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