Ellen M. Schum
mutually agreed that Ms. Schum’s last day of employment with B&G Foods would be May 1, 2026.
Highest-materiality recent filing
B&G Foods closes $475M 11% senior notes offering; to redeem $509M 5.25% notes due 2027
$475M of 11.00% senior notes due 2031 issued at 97.67% of face value; maturity June 15, 2031.
B&G Foods prices $475M 11% senior notes due 2031 at 97.67% to redeem $509.3M 5.25% notes
Issued $475M aggregate principal 11.00% senior notes due 2031 at 97.67% of par; net proceeds ~$456.3M.
B&G Foods announces $475M senior notes offering to refinance $509M 5.25% notes due 2027
Offering of $475.0 million aggregate principal amount of senior notes due 2031.
Acquired broth and stock business revenue $124.9M for year ended April 27, 2025; gross profit $37.8M; operating loss $0.8M including $26.0M impairment.
B&G Foods stockholders elect 10 directors, approve say-on-pay, ratify KPMG
All 10 director nominees elected with majority support; broker non-votes ~21.8M.
B&G Foods Q1 net loss $32.5M on divestiture loss; cuts dividend; revises guidance
Net sales $408.9M, down 3.9% YoY; base business net sales +2.8% to $365.1M.
B&G Foods loses two executive VPs; CEO Keller assumes interim oversight
Ellen Schum (EVP President Specialty & Interim Meals) departed May 1; receives $492,272 salary continuation for 1 year, forfeits unvested equity.
B&G Foods closes $110M acquisition of College Inn and Kitchen Basics broth/stock brands
Purchase price of ~$110M cash; funded with cash on hand and revolving credit.
B&G Foods Q4 net loss narrows to $15.2M; guides FY2026 lower; completes Green Giant U.S. sale
Q4 net sales $539.6M (-2.2% YoY); base business net sales up 0.8%; FY net sales $1.8287B (-5.4%).
Purchase price $110M cash, subject to inventory adjustment; assumption of certain liabilities.
Net sales $439.3M (-4.7% YoY); net loss $19.1M vs income $7.5M; GAAP EPS -$0.24.
B&G Foods sells Green Giant Canada brand to Nortera; continues U.S. frozen evaluation
Agreement to sell Green Giant and Le Sieur frozen and shelf-stable vegetable product lines in Canada to Nortera Foods.
B&G Foods Q2 net loss of $9.8M; adjusted EPS down 50%; cuts FY25 guidance
Net sales $424.4M, down 4.5% YoY; volume decline of 3.2% and lower net pricing.
B&G Foods amends credit facility, raises leverage cap to 7.50x; repurchases $20.7M of 2027 notes
Revolving credit commitments cut from $475M to $430M; $235M outstanding as of June 28, 2025.
B&G Foods EVP & President of Spices & Flavor Solutions to depart; Vogel assumes interim role
Jordan Greenberg to leave EVP & President of Spices & Flavor Solutions role; last day Aug 24, 2025.
B&G Foods stockholders elect all 10 director nominees, approve say-on-pay, ratify KPMG
Ten directors elected with strong support; votes ranged from ~38.3M to ~42.4M for.
B&G Foods Q1 net sales $425.4M (-10.5%), adjusted EPS $0.04; FY guidance cut
Net sales down 10.5% YoY; adjusted diluted EPS $0.04 vs $0.18, a decline of 77.8%.
B&G Foods Q4 net loss $222M on $320M impairment; FY2025 adj. EPS guidance $0.65-$0.75
GAAP diluted EPS Q4 ($2.81) vs $0.03 prior year; adjusted diluted EPS $0.31, up 3.3%.
B&G Foods Q3 net sales down 8.3% to $461.1M; FY guidance cut on slow recovery
Q3 diluted EPS $0.09 vs. ($1.11) YoY; adjusted diluted EPS $0.13 vs. $0.27.
B&G Foods redeems all $265.4M of 5.25% senior notes due 2025 at par
Notice issued to redeem all $265,392,000 remaining of 5.25% senior notes due 2025 at 100% principal plus accrued interest to Oct 9, 2024.
B&G Foods Q2 net sales down 5.3% to $444.6M; adjusted EPS $0.08; goodwill impairment $70.6M
Net sales $444.6M (-5.3% YoY); base business net sales -2.5%; diluted EPS $0.05 (-66.7%).
B&G Foods refinances credit facility, adds $250M senior secured notes due 2028
Issued $250M additional 8.000% senior secured notes at 100.5%; total outstanding ~$799.3M.
B&G Foods prices $250M add-on of 8% senior secured notes due 2028, upsized from $100M
Priced $250M aggregate principal amount of 8.000% senior secured notes due 2028 at 100.5% plus accrued interest.
B&G Foods plans $100M tack-on offering of 8.000% senior secured notes due 2028
B&G Foods intends to offer $100M additional 8.000% senior secured notes due 2028.
B&G Foods proposes amendment, extension, and upsizing of term loan B facility
Plans to amend, extend maturity, and upsize existing tranche B term facility under senior secured credit facility.
B&G Foods shareholders elect all ten directors, approve say-on-pay and auditor ratification
All ten director nominees elected; votes in favor ranged from 38.9M to 44.2M shares.
B&G Foods Q1 net loss $40.2M; goodwill impairment $70.6M; lowers FY2024 guidance
Net loss $40.2M ($0.51 diluted EPS) vs net income $3.4M in Q1 2023; adjusted diluted EPS $0.18 vs $0.27.
B&G Foods Reports Q4 and Full Year 2023 Results; Adjusted EBITDA Up 5.7% for the Year
Q4 2023 net sales were $578.1M, down 7.2% vs Q4 2022, impacted by Green Giant and Back to Nature divestitures.
Net loss widened to $82.7M ($1.11/sh) from $59.6M; adj. net income $20.5M ($0.27/sh) vs $22.3M.
B&G Foods closes $550M 8% senior secured notes offering to redeem 5.25% notes due 2025
Closed $550M offering of 8.000% senior secured notes due Sept 15, 2028; issued at 99.502% of par.
B&G Foods prices $550M 8.00% senior secured notes due 2028, upsized from $500M, to redeem 2025 notes
$550M aggregate principal, 8.00% senior secured notes due 2028, priced at 99.502% of par.
B&G Foods to offer $500M senior secured notes due 2028; proceeds plus cash to redeem $555.4M of 5.25% notes due 2025
B&G Foods Q2 adjusted EPS $0.15 vs $0.07 YoY; reaffirms FY guidance
Net sales $469.6M (-1.9% YoY) driven by Back to Nature divestiture; base business net sales +0.1%.
B&G Foods amends credit agreement to replace LIBOR with SOFR effective July 1, 2023
Sixth Amendment to credit agreement transitions interest rate benchmark from LIBOR to Term SOFR.
B&G Foods shareholders approve 5M share increase to Omnibus Incentive Plan at annual meeting
Stockholders approved amendment increasing Omnibus Plan shares by 5,000,000 (27.8M for, 9.6M against).
B&G Foods establishes ATM equity offering up to 10M shares for general corporate purposes
Entered ATM sales agreement for up to 10,000,000 shares of common stock.
B&G Foods Q1 net sales $511.8M (-3.9%); adj. EBITDA up 12.9% to $82.4M, reaffirms FY guidance
Diluted EPS $0.05 (-85.3% YoY); adjusted diluted EPS $0.27 (-6.9% YoY).
Q4 net sales $623.2M (+9.0% YoY); base business net sales +8.9% to $622.8M.
B&G Foods awards one-time special stock option grant to Mr. Keller with three strike prices
Compensation committee approved grant of 252,000 options at $14.02 (ATM), 273,000 at $19.63 (140%), and 375,000 at $25.24 (180%).
B&G Foods agrees to sell Back to Nature brand to Barilla America; Q1 2023 close
B&G Foods entered agreement to sell Back to Nature brand to Barilla America, an affiliate of Barilla.
B&G Foods amends bylaws on advance notice and forum selection
Board approved bylaw amendments updating advance notice requirements for director nominations to align with Rule 14a-19 universal proxy rules.
GAAP net loss $59.6M (diluted EPS -$0.83) vs net income $20.7M (EPS $0.32) in Q3 2021.
B&G Foods files to sell remaining 952,373 shares under ATM equity program
Previously sold 6,547,627 of the 7.5M shares authorized under Aug 2021 ATM sales agreement.
B&G Foods Q2 EPS $0.00; adjusted EBITDA down 35%; full-year guidance lowered
Net sales of $479.0M (+3.1% YoY); diluted EPS of $0.00 vs $0.38 a year ago.
B&G Foods amends credit facility to raise leverage cap, updates ATM sales
Credit agreement amended: max leverage ratio temporarily increased to 8.00x for Q3 2022–Q3 2023, then steps down.
B&G Foods reorganizes into four business units, appoints three presidents
Four business units created: Spices & Seasonings (18% of net sales), Meals (22%), Frozen & Vegetables (27%), Specialty (33%).
B&G Foods annual meeting: all directors elected, say-on-pay and auditor ratified
All 10 director nominees elected with at least 32.7M votes for; broker non-votes 19.1M.
B&G Foods Q1 EPS drops 34.6% to $0.34; gross margin falls to 19.0% on input cost inflation
Net sales up 5.4% to $532.4M; base business net sales up 5.6% to $532.2M.
B&G Foods Q4 net loss $4.8M, adj. EPS $0.39; FY21 adj. EPS $1.88, down 16.8%
Q4 net loss $4.8M (diluted EPS -$0.07) vs net income $12.2M in Q4 2020; includes $23.1M non-cash impairment charges on four brands.
B&G Foods Q3 net sales up 3.9% to $515M; adjusted EPS down 25.7% to $0.55
Net sales $515.0M (+3.9% YoY); diluted EPS $0.32 (-55.6%); adjusted EPS $0.55 (-25.7%).
mutually agreed that Ms. Schum’s last day of employment with B&G Foods would be May 1, 2026.
On an interim basis, Kenneth C. “Casey” Keller, our President and Chief Executive Officer, has assumed Ms. Schum’s and Mr. Vogel’s responsibilities.
On May, 1, 2026, Andrew D. Vogel, our Executive Vice President and President of Spices & Flavor Solutions, terminated his employment with B&G Foods as of the close of business that day.
Erich A. Fritz, our Executive Vice President of Supply Chain, will retire on October 1, 2022.
Max materiality 0.85 · Median 0.70 · Most common event earnings