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B&G Foods Inc (BGS.N)

BGS.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

B&G Foods Acquires Clabber Girl Corp
Wednesday, 15 May 2019 

May 15 (Reuters) - B&G Foods Inc ::B&G FOODS ACQUIRES CLABBER GIRL CORPORATION.B&G FOODS INC - B&G FOODS EXPECTS ACQUISITION TO BE IMMEDIATELY ACCRETIVE TO EARNINGS PER SHARE AND FREE CASH FLOW.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..B&G FOODS INC - PROJECTS THAT ACQUIRED BUSINESS WILL GENERATE APPROXIMATELY $70 TO $75 MILLION OF NET SALES ON AN ANNUALIZED BASIS.  Full Article

B&G Foods Reports Q1 Adjusted Earnings Per Share $0.44
Friday, 3 May 2019 

May 2 (Reuters) - B&G Foods Inc ::B&G FOODS REPORTS FINANCIAL RESULTS FOR FIRST QUARTER 2019.Q1 ADJUSTED EARNINGS PER SHARE $0.44.Q1 EARNINGS PER SHARE $0.26.Q1 SALES $412.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF $406 MILLION.REAFFIRMS FY 2019 ADJUSTED EARNINGS PER SHARE VIEW $1.85 TO $2.00.SEES FY 2019 SALES $1.635 BILLION TO $1.665 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.49 -- REFINITIV IBES DATA.GUIDANCE REAFFIRMED FOR FULL YEAR FISCAL 2019.FY2019 EARNINGS PER SHARE VIEW $1.84, REVENUE VIEW $1.64 BILLION -- REFINITIV IBES DATA.  Full Article

B&G Foods' Board Of Directors Authorizes Extension Of Stock Repurchase Program
Thursday, 14 Mar 2019 

March 13 (Reuters) - B&G Foods Inc ::BOARD OF DIRECTORS OF B&G FOODS AUTHORIZES EXTENSION OF STOCK REPURCHASE PROGRAM TO MARCH 2020.B&G FOODS INC - RESETS REPURCHASE AUTHORITY TO UP TO $50 MILLION.B&G FOODS - AUTHORIZED EXTENSION OF STOCK REPURCHASE PROGRAM FROM MARCH 15, 2019 TO MARCH 15, 2020.  Full Article

Hershey To Acquire Pirate Brands From B&G Foods For $420 Mln
Thursday, 13 Sep 2018 

Sept 12 (Reuters) - Hershey Co ::HERSHEY TO ACQUIRE PIRATE BRANDS FROM B&G FOODS.HERSHEY CO - PURCHASE PRICE IS $420 MILLION.HERSHEY CO - TRANSACTION WILL BE FINANCED WITH CASH ON HAND AS WELL AS SHORT-TERM BORROWINGS.HERSHEY CO - PIRATE BRANDS PURCHASE PRICE IS ABOUT $360 MILLION NET OF TAX BENEFITS.HERSHEY CO - PIRATE BRANDS WILL OPERATE WITHIN AMPLIFY.HERSHEY- DEAL EXPECTED TO BE ACCRETIVE TO HERSHEY'S FINANCIAL TARGETS GIVEN STRONG GROWTH TRAJECTORY, SOLID MARGIN STRUCTURE OF PIRATE BRANDS BUSINESS.HERSHEY - CO, B&G FOODS ENTERED INTO AGREEMENT FOR HERSHEY TO ACQUIRE PIRATE BRANDS, INCLUDING PIRATE'S BOOTY, SMART PUFFS AND ORIGINAL TINGS BRANDS.  Full Article

B&G Foods Increases Quarterly Dividend By 2.2 Percent
Wednesday, 23 May 2018 

May 22 (Reuters) - B&G Foods Inc ::B&G FOODS INCREASES QUARTERLY DIVIDEND BY 2.2 PERCENT.B&G FOODS INC - INCREASED COMPANY'S QUARTERLY CASH DIVIDEND RATE BY 2.2% FROM $0.465 PER SHARE OF COMMON STOCK TO $0.475 PER SHARE.  Full Article

B&G Foods Reports Q4 GAAP Earnings Per Share $1.95
Wednesday, 28 Feb 2018 

Feb 27 (Reuters) - B&G Foods Inc ::B&G FOODS REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FULL YEAR 2017.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $2.05 TO $2.25.SEES FY 2018 SALES $1.72 BILLION TO $1.755 BILLION.Q4 SALES ROSE 14.5 PERCENT TO $473.7 MILLION.Q4 GAAP EARNINGS PER SHARE $1.95.SEES Q4 2017 SALES MORE THAN $20 MILLION.  Full Article

B&G Foods Q4 GAAP Earnings Per Share $1.95
Wednesday, 28 Feb 2018 

Feb 27 (Reuters) - B&G Foods Inc ::REPORTS BACK TO NATURE SEGMENT Q4 SALES OF MORE THAN $20 MILLION .B&G FOODS REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FULL YEAR 2017.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $2.05 TO $2.25.SEES FY 2018 SALES $1.72 BILLION TO $1.755 BILLION.Q4 SALES ROSE 14.5 PERCENT TO $473.7 MILLION.Q4 GAAP EARNINGS PER SHARE $1.95.  Full Article

B&G Foods says amended credit agreement dated as of Oct 2, 2015
Wednesday, 22 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