---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-018264"
form_type: "8-K"
ticker: "BGS"
cik: "0001278027"
company_name: "B&G Foods, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T08:47:49.847626+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# B&G Foods Q3 net loss $82.7M ($1.11/sh); sells Green Giant shelf-stable to Seneca; issues $550M 8% notes

## Summary
- Net loss widened to $82.7M ($1.11/sh) from $59.6M; adj. net income $20.5M ($0.27/sh) vs $22.3M.
- Sold Green Giant U.S. shelf-stable product line to Seneca Foods; recorded pre-tax non-cash impairment of $132.9M; retains Green Giant trademarks.
- Issued $550M of 8.00% senior secured notes due 2028; redeemed $555.4M of 5.25% notes due 2025; sold 6.33M shares at $11.90 for $75.3M.
- FY 2023 guidance: net sales revised to $2.05B-$2.07B; adjusted EBITDA reaffirmed at $310M-$330M; adjusted EPS revised to $0.93-$1.13.
- Adjusted EBITDA $80.4M (flat YoY), margin 16.0% (up 80bps); YTD adjusted EBITDA $231.2M (+11.5%).

## SEC filing metadata
- accession: 0001558370-23-018264
- form_type: 8-K
- ticker: BGS
- cik: 0001278027
- company_name: B&G Foods, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1278027/000155837023018264/0001558370-23-018264-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278027/000155837023018264/bgs-20231108x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-018264
- JSON: https://secwatch.observer/filing/0001558370-23-018264.json
- Plain text: https://secwatch.observer/filing/0001558370-23-018264.txt

## Key facts
- Earnings Releases
  B&G Foods, Inc. reported third quarter of 2023 results: revenue $502.7, net income Net Loss $(82.7), EPS $(1.11). Guidance lowered.
  - Period: third quarter of 2023
  - Revenue: $502.7
  - Net income: Net Loss $(82.7)
  - EPS: $(1.11)
  - Guidance: lowered
  - Result: reported results
  source text: ​ ​ ​ ​ ​ Third Quarter of 2023 ​ First Three Quarters of 2023 (In millions, except per share data) ​ Change vs. ​ Change vs. ​ Amount Q3 2022 Amount First 3Q 2022 Net Sales ​ $ 502.7 ​ (4.9) % ​ $ 1,484.2 ​ (3.6) % Base Business Net Sales 1 ​ $ 502.7 ​ (3.0) % ​ $ 1,483.7 ​ (1.4) % Diluted EPS ​ $ (1.11) ​ (33.7) % ​ $ (0.94) ​ (84.3) % Adj. Diluted EPS 1 ​ $
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278027/000155837023018264/0001558370-23-018264-index.htm

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