{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-007335","form_type":"8-K","ticker":"BGS","cik":"0001278027","company_name":"B&G Foods, Inc.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.687063+00:00","generated_at":"2026-06-02T08:49:29.447133+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"B&G Foods Q1 net loss $40.2M; goodwill impairment $70.6M; lowers FY2024 guidance","bullets":["Net loss $40.2M ($0.51 diluted EPS) vs net income $3.4M in Q1 2023; adjusted diluted EPS $0.18 vs $0.27.","Net sales $475.2M, down 7.1% YoY; base business net sales down 4.4%.","Goodwill impairment of $70.6M in Frozen & Vegetables segment triggered by segment restructuring.","Revised FY2024 guidance: net sales $1.955-$1.985B, adj. EBITDA $300-$320M, adj. EPS $0.75-$0.95.","Adjusted EBITDA $75.0M, down 8.9% from $82.4M; margin 15.8% vs 16.1%."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-007335","json":"https://secwatch.observer/filing/0001558370-24-007335.json","markdown":"https://secwatch.observer/filing/0001558370-24-007335.md","text":"https://secwatch.observer/filing/0001558370-24-007335.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1278027/000155837024007335/0001558370-24-007335-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1278027/000155837024007335/bgs-20240508x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T08:49:29.447133+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":"0ac242b4aa2e2beb2bdf527125bfdd4a51141a4d","claim":"B&G Foods, Inc. reported Full Year Fiscal 2024 results: revenue $1.955 billion to $1.985 billion, EPS $0.75 to $0.95.","evidence_excerpt":"Guidance for Full Year Fiscal 2024 ● Net sales revised to a range of $1.955 billion to $1.985 billion. ● Adjusted EBITDA revised to a range of $300 million to $320 million. ● Adjusted diluted earnings per share revised to a range of $0.75 to $0.95.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1278027/000155837024007335/0001558370-24-007335-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year Fiscal 2024"},{"label":"Revenue","value":"$1.955 billion to $1.985 billion"},{"label":"EPS","value":"$0.75 to $0.95"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"34c807d4fa7cc6e7fee7d220ed30a320d9377f44","claim":"B&G Foods, Inc. reported first quarter of 2024 results: revenue $475.2 million, net income $(40.2) million, EPS $(0.51) per diluted share.","evidence_excerpt":"and clarify the portfolio for sharper focus and fit.” Financial Results for First Quarter of 2024 Net sales for the first quarter of 2024 decreased $36.6 million, or 7.1%, to $475.2 million from $511.8 million for the first quarter of 2023. The decrease was primarily attributable to the Green Giant U.S. shelf-stable divestiture, a decrease in net pricing, the impact","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1278027/000155837024007335/0001558370-24-007335-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Revenue","value":"$475.2 million"},{"label":"Net income","value":"$(40.2) million"},{"label":"EPS","value":"$(0.51) per diluted share"},{"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"}