---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-013221"
form_type: "8-K"
ticker: "BGS"
cik: "0001278027"
company_name: "B&G Foods, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:23:14.981956+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# B&G Foods Q2 adjusted EPS $0.15 vs $0.07 YoY; reaffirms FY guidance

## Summary
- Net sales $469.6M (-1.9% YoY) driven by Back to Nature divestiture; base business net sales +0.1%.
- Gross margin 21.8% vs 16.0% YoY, driven by pricing and moderating input costs; adjusted EBITDA $68.5M (+26.4%).
- Adjusted diluted EPS $0.15 vs $0.07 YoY; net income $10.6M vs $0.3M.
- Full-year guidance: net sales revised to $2.11-2.13B; reaffirmed adjusted EBITDA $310-330M and adj. EPS $0.95-1.15.
- Repurchased $24.4M of 5.25% senior notes due 2025 at 95.74% of par, resulting in $0.8M pre-tax gain.

## SEC filing metadata
- accession: 0001558370-23-013221
- form_type: 8-K
- ticker: BGS
- cik: 0001278027
- company_name: B&G Foods, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1278027/000155837023013221/0001558370-23-013221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278027/000155837023013221/bgs-20230803x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-013221
- JSON: https://secwatch.observer/filing/0001558370-23-013221.json
- Plain text: https://secwatch.observer/filing/0001558370-23-013221.txt

## Key facts
- Earnings Releases
  B&G Foods, Inc. reported second quarter of 2023 results: revenue $469.6 million, net income $10.6 million, EPS $0.15 per diluted share. Guidance reaffirmed.
  - Period: second quarter of 2023
  - Revenue: $469.6 million
  - Net income: $10.6 million
  - EPS: $0.15 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: sheet with steady reduction in our net leverage.” Financial Results for the Second Quarter of 2023 Net sales for the second quarter of 2023 decreased $9.4 million, or 1.9%, to $469.6 million from $479.0 million for the second quarter of 2022. The decrease was primarily attributable to the Back to Nature divestiture. Net sales of Back to Nature , which the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278027/000155837023013221/0001558370-23-013221-index.htm

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