secwatch.observer — SEC 8-K summary
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Issuer:     B&G Foods, Inc. (BGS)
CIK:        0001278027
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001558370-25-001497
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

B&G Foods Q4 net loss $222M on $320M impairment; FY2025 adj. EPS guidance $0.65-$0.75
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- GAAP diluted EPS Q4 ($2.81) vs $0.03 prior year; adjusted diluted EPS $0.31, up 3.3%.
- Net sales Q4 $551.6M (-4.6% YoY); full year $1,932.5M (-6.3%); base business net sales down 1.9% in Q4.
- Q4 pre-tax impairment of $320M on Green Giant, Victoria, Static Guard, McCann's intangibles; $70.6M goodwill impairment in Q1.
- FY2025 guidance: net sales $1.89B-$1.95B, adj. EBITDA $290M-$300M, adj. diluted EPS $0.65-$0.75 vs FY2024 adj. EPS $0.70.
- Frozen & Vegetables segment adj. EBITDA turned negative to ($3.3M) in Q4; Specialty segment adj. EBITDA grew 4.8%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1278027/000155837025001497/0001558370-25-001497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1278027/000155837025001497/bgs-20250225x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-001497

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