secwatch.observer — SEC 8-K summary
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Issuer:     B&G Foods, Inc. (BGS)
CIK:        0001278027
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001558370-23-002343
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

B&G Foods Q4 net sales +9.0%, adj. EPS $0.40; FY2022 adj. EBITDA $301M; guides FY2023 adj. EBITDA $310-330M
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- Q4 net sales $623.2M (+9.0% YoY); base business net sales +8.9% to $622.8M.
- Q4 adjusted diluted EPS $0.40 (+2.6% YoY); GAAP diluted EPS $0.34 vs loss $0.07.
- FY2022 adjusted EBITDA $301.0M (-15.9% YoY); GAAP net loss $11.4M vs income $67.4M.
- FY2023 guidance: net sales $2.13-2.17B, adj. EBITDA $310-330M, adj. diluted EPS $0.95-1.15.
- Back to Nature business sold; non-cash impairment charges of $106.4M in FY2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1278027/000155837023002343/0001558370-23-002343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1278027/000155837023002343/bgs-20230228x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-002343

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