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B&G Foods (BGS) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 30, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.06

Last Year’s EPS

0.04

Same Quarter Last Year

Analyst Consensus

Hold

Based on 4 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 12, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call presented a mixed picture: clear progress on portfolio reshaping, strong performance in Spices & Flavor Solutions, improved base-business trends and an upgraded full-year guidance and leverage trajectory are positive. Offsetting these are a GAAP net loss driven by large noncash divestiture-related charges, declines in gross profit and segment EBITDA in Meals and Specialty, elevated input/energy cost risks, and a 50% dividend cut. Overall the positives around portfolio focus, improved base-sales and leverage reduction are balanced by material one-time losses, margin pressure and cost risks.

Company Guidance

B&G Foods updated fiscal 2026 guidance to net sales of $1.735–$1.775 billion and adjusted EBITDA of $275–$290 million (about 15.8%–16.3% of net sales), with adjusted diluted EPS of $0.575–$0.675; the outlook reflects the addition of College Inn and Kitchen Basics, does not include the pending Green Giant Canada sale, and assumes one fewer week (lapping an ~$18 million 53rd-week benefit from FY25). Management expects base business net sales to modestly improve (Q1 base business net sales were +2.8%) but to be flat to slightly down for the remainder of the year, and is monitoring input cost pressure (notably soybean oil and fuel). Financial assumptions include interest expense of $152.5–$157.5 million (cash interest $145–$150 million), depreciation $40–$45 million, amortization $17–$19 million, cash taxes ≈$5 million or less, an effective tax rate of 26%–27%, and CapEx toward the low end of a $30–$35 million range. The company reported net debt to pro forma adjusted EBITDA of 6.07x at quarter end (down from 6.57x) and expects to be ≈6x or less by midyear (with Green Giant Canada expected to reduce leverage by ~0.25x when closed), and the Board cut the dividend 50% to $0.095/quarter ($0.38/year), freeing roughly $30 million annually to accelerate debt reduction.

Base Business Net Sales Growth

Base business net sales increased 2.8% year-over-year to $365.1 million (up $9.9 million vs Q1 FY25), indicating stabilization and modest recovery across core categories.

Spices & Flavor Solutions Outperformance

Spices & Flavor Solutions net sales grew 9.1% to $100.1 million and segment adjusted EBITDA rose 13.1% year-over-year, driven by volume, pricing and strength in club/foodservice channels.

Adjusted EBITDA and Margin Resilience

First quarter adjusted EBITDA of $57.6 million (14.1% of net sales) remained near prior-year levels ($59.1 million, 13.9%), demonstrating underlying EBITDA margin resilience despite portfolio changes.

Completed Portfolio Reshaping Transactions

Closed divestiture of Green Giant U.S. frozen (Mar 2, 2026) and acquisition of College Inn and Kitchen Basics broth/stock (Mar 19, 2026); Q1 included contract manufacturing sales of $8.5 million and partial-month College Inn/Kitchen Basics sales of $2.9 million.

Improving Leverage Profile

Net debt to pro forma adjusted EBITDA improved to 6.07x at quarter end from 6.57x in Q4 FY25; company expects ~6x or less by mid-year and estimates Green Giant Canada sale will reduce leverage by ~0.25 turn upon close.

Updated Full-Year Guidance

Fiscal 2026 guidance was raised/updated to net sales of $1.735B–$1.775B and adjusted EBITDA of $275M–$290M (implied adjusted EBITDA margin ~15.8%–16.3%), with adjusted diluted EPS guidance of $0.575–$0.675.

Operational and Cost-Reduction Progress

Seven of 10 internal manufacturing facilities increased output year-over-year in Q1; unallocated central overheads reduced by nearly $2 million; ongoing cost savings and restructuring initiatives underway.

B&G Foods (BGS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

BGS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 30, 2026	2026 (Q2)	0.06 / -	0.04	―	―	―
May 12, 2026	2026 (Q1)	0.05 / 0.08	0.04	100.00% (+0.04)	―
Mar 03, 2026	2025 (Q4)	0.30 / 0.28	0.31	-9.68% (-0.03)	―
Nov 05, 2025	2025 (Q3)	0.11 / 0.15	0.13	15.38% (+0.02)	―
Aug 04, 2025	2025 (Q2)	0.06 / 0.04	0.08	-50.00% (-0.04)	―
May 07, 2025	2025 (Q1)	0.14 / 0.04	0.18	-77.78% (-0.14)	―
Feb 25, 2025	2024 (Q4)	0.30 / 0.31	0.3	3.33% (+0.01)	―
Nov 05, 2024	2024 (Q3)	0.20 / 0.13	0.27	-51.85% (-0.14)	―
Aug 06, 2024	2024 (Q2)	0.09 / 0.08	0.15	-46.67% (-0.07)	―
May 08, 2024	2024 (Q1)	0.21 / 0.18	0.27	-33.33% (-0.09)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BGS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 12, 2026	$4.95	$4.29	-13.41%
Mar 03, 2026	$4.75	$5.52	+16.23%
Nov 05, 2025	$3.58	$4.47	+24.63%
Aug 04, 2025	$3.55	$3.45	-2.65%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.