B&G Foods, Inc. Stock News

B&G Foods' stock has plummeted over 80% since 2016 due to stagnant Adj. EBITDA and mounting debt, leading to brand divestitures. The company's FY24 financial forecast has been revised downward three times, with net sales and Adj. EBITDA declining significantly. Despite a high dividend yield of 10.4%, B&G's high debt and low margins make it a risky but high-yielding (for now) investment.

In November, I invested $1,400 primarily in Business Development Companies, boosting my yearly dividend income by $148, with a YTD total exceeding $1,400. My portfolio achieved all-time highs, driven by a strong earnings season and a dovish Fed, with BDCs like Goldman Sachs BDC and Blackstone Secured Lending Fund as key picks. November's dividend income hit a record $620, a 20% Y/Y growth, main...

Small cap stocks should benefit from the new administration. Today we'll discuss four cheap dividend stocks with yields between 7% and 15.1%.

SCC expands presence in CPG with brand building efforts for the Ortega® brand's wide portfolio of Mexican foods, including America's #1 taco sauce CHICAGO , Dec. 6, 2024 /PRNewswire/ -- Schafer Condon Carter (SCC), a Chicago-based independent creative agency, is proud to announce its new partnership with Ortega ®, a leading brand of Mexican food products including taco shells, taco kits, Mexica...

B&G Foods is undergoing transformation, selling assets from its Frozen & Vegetables unit, potentially enhancing stock valuation with new cash inflows and reduced net debt. The company has a long history of brand acquisitions and integration, which could benefit EBITDA margin growth and free cash flow generation. Despite recent stock price declines, B&G Foods' long-term performance and current v...

Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks included Blackstone Secured Lending, Goldman Sachs BDC, and Midcap Financial Investment Corporation.

B&G Foods, Inc. (NYSE:BGS ) Q3 2024 Earnings Conference Call November 5, 2024 4:30 PM ET Company Participants AJ Schwab - Senior Associate, Corporate Strategy & Business Development Kenneth Keller - President, CEO & Director Bruce Wacha - EVP, Finance & CFO Conference Call Participants Andrew Lazar - Barclays Michael Lavery - Piper Sandler Robert Rigby - Bank of America Robert Moskow - TD Cowen...

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) today announced financial results for the third quarter and first three quarters of 2024. Financial results for the third quarter and first three quarters of 2024 reflect the impact of the Green Giant U.S. shelf‑stable divestiture during the fourth quarter of 2023. Summary     Third Quarter of 2024   First Three Quarters of 2024 (In...