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B&G Foods Inc (BGS.N)

BGS.N on New York Stock Exchange

30.18USD
15 Nov 2018
Change (% chg)

$0.62 (+2.10%)
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Latest Key Developments (Source: Significant Developments)

B&G Foods Reports Q3 EPS $0.48
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - B&G Foods Inc ::B&G FOODS REPORTS FINANCIAL RESULTS FOR THIRD QUARTER 2018.Q3 SALES $422.6 MILLION VERSUS I/B/E/S VIEW $429.3 MILLION.Q3 ADJUSTED EARNINGS PER SHARE $0.57.Q3 GAAP EARNINGS PER SHARE $0.48.Q3 EARNINGS PER SHARE VIEW $0.57 -- THOMSON REUTERS I/B/E/S.UPDATED GUIDANCE FOR FULL YEAR FISCAL 2018 FOR EXPECTED IMPACT OF DIVESTITURE OF PIRATE BRANDS AND NET REPAYMENT OF LONG-TERM DEBT.SEES FY NET SALES ABOUT $1.705 BILLION TO $1.720 BILLION & SEES FY ADJUSTED EARNINGS PER SHARE ABOUT $1.98 TO $2.05.FY2018 EARNINGS PER SHARE VIEW $2.05, REVENUE VIEW $1.73 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

TreeHouse Foods Completes Sale Of McCann's Irish Oatmeal To B&G Foods
Monday, 16 Jul 2018 

July 16 (Reuters) - B&G Foods Inc ::TREEHOUSE FOODS, INC. COMPLETES THE SALE OF MCCANN'S IRISH OATMEAL TO B&G FOODS.TREEHOUSE FOODS INC - TRANSACTION WITH B&G FOODS IS EXPECTED TO HAVE A NEGLIGIBLE IMPACT ON TREEHOUSE'S 2018 EARNINGS.  Full Article

B&G Foods Acquires Mccann's Irish Oatmeal For About $32 Mln In Cash
Monday, 16 Jul 2018 

July 16 (Reuters) - B&G Foods Inc ::B&G FOODS ACQUIRES MCCANN'S® IRISH OATMEAL.B&G FOODS INC - DEAL FOR APPROXIMATELY $32.0 MILLION IN CASH.B&G FOODS INC - B&G FOODS FUNDED ACQUISITION AND RELATED FEES AND EXPENSES WITH CASH ON HAND AND REVOLVING LOANS UNDER ITS EXISTING CREDIT FACILITY.  Full Article

Board Of Directors Of B&G Foods Authorizes Stock Repurchase Program
Tuesday, 13 Mar 2018 

March 13 (Reuters) - B&G Foods Inc ::BOARD OF DIRECTORS OF B&G FOODS AUTHORIZES STOCK REPURCHASE PROGRAM.B&G FOODS - AUTHORIZED A STOCK REPURCHASE PROGRAM FOR REPURCHASE OF UP TO $50.0 MILLION OF CO'S COMMON STOCK THROUGH MARCH 15, 2019.  Full Article

B&G Foods says amended credit agreement dated as of Oct 2, 2015
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - B&G Foods Inc :B&G Foods says ‍on Nov 20, 2017, amended credit agreement dated as of Oct 2, 2015 - SEC Filing.B&G Foods Inc - ‍amendment increases principal amount of tranche b term loans by $10 million to approximately $650 million.B&G Foods Inc - ‍ amendment increases aggregate commitments under revolving credit facility from $500 million to $700 million​.B&G Foods Inc - ‍amendment extends maturity date applicable to revolving credit facility from June 2019 to november 2022​.B&G Foods Inc - ‍amendment reduces by 25 basis points spread over libor or applicable base rate on tranche b term loans and any revolving loans​.  Full Article

B&G Foods announces pricing and upsizing of public offering of senior notes
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - B&G Foods Inc :B&G Foods announces pricing and upsizing of public offering of senior notes.B&G Foods Inc -priced offering of $400.0 million aggregate principal amount of 5.25% senior notes due 2025 at price to public of 101% of their face value​.  Full Article

B&G Foods announces public offering of senior notes
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - B&G Foods Inc :B&G Foods announces public offering of senior notes.Its intention to offer $350.0 million aggregate principal amount of 5.25 pct senior notes due 2025​.‍Intends to use proceeds of offering to repay outstanding borrowings under co's revolving credit facility & to pay related fees & expense​s.  Full Article

B&G Foods to appoint Bruce C. Wacha as CFO
Monday, 6 Nov 2017 

Nov 6 (Reuters) - B&G Foods Inc ::B&G Foods to appoint Bruce C. Wacha as chief financial officer.B&G Foods Inc - ‍current interim chief financial officer, Amy Chiovari, will continue in her role as corporate controller​.  Full Article

B&G Foods says ‍intends to refinance its senior secured credit facility
Monday, 6 Nov 2017 

Nov 6 (Reuters) - B&G Foods Inc ::Intends to refinance its senior secured credit facility by reducing interest rate applicable to $640 million of tranche B term loans.Intends to increase commitments under revolving credit facility from $500 million to $700 million, extend maturity date - SEC filing.  Full Article

B&G Foods reports financial results for third quarter 2017
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - B&G Foods Inc :B&G Foods reports financial results for third quarter 2017.Q3 sales $408.4 million versus I/B/E/S view $390.9 million.Reaffirms FY 2017 adjusted earnings per share view $2.03 to $2.17.Sees FY 2017 sales $1.66 billion to $1.685 billion.Q3 adjusted earnings per share $0.55.Q3 GAAP earnings per share $0.49.Q3 earnings per share view $0.47 -- Thomson Reuters I/B/E/S.B&G Foods Inc - ‍increases full year net sales guidance​.FY2017 earnings per share view $2.08, revenue view $1.66 billion -- Thomson Reuters I/B/E/S.  Full Article

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Hershey's sees margin pressures easing in 2019 after disappointing quarter

Hershey Co said on Thursday price hikes to be implemented next year would ease margin pressures, after lower prices and higher transportation and packaging costs dented quarterly profits for the Kisses and Reese's chocolate maker.