B&G Foods Holdings (BGS)
NYSE:BGS
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.06Last Year’s EPS
0.04Same Quarter Last Year
Based on 5 Analysts Ratings
Earnings Call Summary
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
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.
BGS Earnings History
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 | $5.07 | $4.39 | -13.41% |
Mar 03, 2026 | $4.86 | $5.65 | +16.25% |
Nov 05, 2025 | $3.67 | $4.57 | +24.63% |
Aug 04, 2025 | $3.63 | $3.53 | -2.67% |
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.
FAQ
When does B&G Foods Holdings (BGS) report earnings?
B&G Foods Holdings (BGS) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is B&G Foods Holdings (BGS) earnings time?
B&G Foods Holdings (BGS) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BGS EPS forecast?
BGS EPS forecast for the fiscal quarter 2026 (Q2) is 0.06.
