{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-008095","form_type":"8-K","ticker":"BGS","cik":"0001278027","company_name":"B&G Foods, Inc.","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.248866+00:00","generated_at":"2026-06-15T20:50:56.960158+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"B&G Foods Q1 net sales $511.8M (-3.9%); adj. EBITDA up 12.9% to $82.4M, reaffirms FY guidance","bullets":["Diluted EPS $0.05 (-85.3% YoY); adjusted diluted EPS $0.27 (-6.9% YoY).","Gross profit margin improved to 22.3% (19.0% Q1 2022) on pricing recovery.","Base business net sales down 1.2%; spices +9.6%, Green Giant -7.3%, Crisco -8.4%.","Net interest expense up 47.1% to $39.4M on higher variable rates; used $121M to prepay term loans.","FY 2023 guidance reaffirmed: net sales $2.13-2.17B, adj. EBITDA $310-330M, adj. EPS $0.95-1.15."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-008095","json":"https://secwatch.observer/filing/0001558370-23-008095.json","markdown":"https://secwatch.observer/filing/0001558370-23-008095.md","text":"https://secwatch.observer/filing/0001558370-23-008095.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1278027/000155837023008095/0001558370-23-008095-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1278027/000155837023008095/bgs-20230504x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T20:50:56.960158+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fd20001cd6f3f2c3439e9f196fce7aad3c588ba0","claim":"B&G Foods, Inc. reported first quarter of 2023 results: revenue $511.8 million, net income $3.4 million, EPS $0.05. Guidance reaffirmed.","evidence_excerpt":"reductions in key soybean and other commodities.” ​ Financial Results for the First Quarter of 2023 Net sales for the first quarter of 2023 decreased $20.6 million, or 3.9%, to $511.8 million from $532.4 million for the first quarter of 2022. The decrease was primarily attributable to the Back to Nature divestiture, partially offset by the Yuma acquisition. Net sales","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1278027/000155837023008095/0001558370-23-008095-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Revenue","value":"$511.8 million"},{"label":"Net income","value":"$3.4 million"},{"label":"EPS","value":"$0.05"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}