B&G Foods, Inc. Reports Earnings Results for the First Quarter Ended April 02, 2022
May 05, 2022 at 09:09 pm
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B&G Foods, Inc. reported earnings results for the first quarter ended April 02, 2022. For the first quarter, the company reported sales was USD 532.41 million compared to USD 505.13 million a year ago. Net income was USD 23.66 million compared to USD 26.88 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to USD 0.42 a year ago. Diluted earnings per share from continuing operations was USD 0.34 compared to USD 0.41 a year ago.
B&G Foods, Inc. manufactures, sells and distributes branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. The Company complements its branded product retail sales with institutional and foodservice sales and private label sales. Its products include frozen and canned vegetables, crackers, canola and other cooking oils, vegetable shortening, cooking sprays, oatmeal and other hot cereals, fruit spreads, bagel chips, spices, hot sauces, baking soda, corn starch, nut clusters and other specialty products. The Company has more than 50 brands, including B&G, B&M, Bear Creek, Cream of Wheat, Crisco, Dash, Green Giant, Las Palmas, Le Sueur, Mama Maryâs, Maple Grove Farms, New York Style, Ortega, Polaner, Spice Islands and Victoria. The Company sells, markets and distributes its products through a multiple-channel sales, marketing and distribution system to various United States food channels, including sales and shipments to supermarkets and mass merchants.
B&G FOODS, INC. 
