B&G Foods

B&G Foods manufactures, sells and distributes a portfolio of shelf-stable and frozen foods. The Company's products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, puffed corn and rice snacks, nut clusters and other specialty products. Its products are marketed under various brands, including Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, New York Style, Old London, Original Tings, Ortega, Spice Islands, Spring Tree and more.

Company Growth (employees)
Type
Public
HQ
Parsippany Troy Hills, US
Founded
1889
Size (employees)
2,590 (est)
B&G Foods was founded in 1889 and is headquartered in Parsippany-Troy Hills, US

Key People/Management at B&G Foods

Robert Cantwell

Robert Cantwell

President, Chief Executive Officer and Director
Stephen Sherrill

Stephen Sherrill

Chairman of the Board
David Wenner

David Wenner

Director
DeAnn Brunts

DeAnn Brunts

Director
Charles Marcy

Charles Marcy

Director
Dennis Mullen

Dennis Mullen

Director
Cheryl Palmer

Cheryl Palmer

Director
Alfred Poe

Alfred Poe

Director
William Herbes

William Herbes

Executive Vice President of Operations
Eric Hart

Eric Hart

Executive Vice President of Human Resources and Chief Human Resources Officer
Scott Lerner

Scott Lerner

Executive Vice President, General Counsel, Secretary and Chief Compliance Officer
Vanessa Maskal

Vanessa Maskal

Executive Vice President of Sales and Marketing
Kenneth Romanzi

Kenneth Romanzi

Executive Vice President and Chief Operating Officer
Bruce Wacha

Bruce Wacha

Executive Vice President of Finance and Chief Financial Officer
William Wright

William Wright

Executive Vice President of Quality Assurance and Research & Development

B&G Foods Office Locations

B&G Foods has an office in Parsippany-Troy Hills
Parsippany-Troy Hills, US (HQ)
4 Gatehall Dr
Show all (1)

B&G Foods Financials and Metrics

B&G Foods Financials

B&G Foods's revenue was reported to be $966.4 m in FY, 2016
USD

Revenue (Q3, 2017)

408.4 m

Gross profit (Q3, 2017)

123.3 m

Gross profit margin (Q3, 2017), %

30%

Net income (Q3, 2017)

32.7 m

EBIT (Q3, 2017)

76 m

Market capitalization (22-Dec-2017)

2.5 b

Cash (30-Sep-2017)

22.6 m

EV

4.3 b
B&G Foods's current market capitalization is $2.5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

725 m848 m342.3 m966.4 m

Revenue growth, %

17%(60%)182%

Cost of goods sold

482.1 m600.2 m

Gross profit

242.9 m247.8 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

181.4 m198.1 m202.9 m209 m213.3 m217.1 m193.6 m318.2 m353 m306.4 m417.9 m368.1 m408.4 m

Cost of goods sold

120.1 m133.5 m139.9 m145.9 m141.7 m149.7 m131.6 m202.8 m237.1 m196.7 m291.1 m257.1 m285.1 m

Gross profit

61.3 m64.7 m63 m63.1 m71.6 m67.4 m62 m115.4 m115.9 m109.7 m126.8 m111 m123.3 m

Gross profit Margin, %

34%33%31%30%34%31%32%36%33%36%30%30%30%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

4.1 m1.5 m5.2 m28.8 m

Inventories

101.3 m106.6 m356.6 m

Current Assets

181.7 m196.5 m463.2 m549.8 m

PP&E

110.4 m116.2 m163.6 m245.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

12.3 m17 m4 m6 m45.9 m23.7 m98.5 m240.6 m65.2 m107.6 m31.8 m51.7 m22.6 m

Accounts Receivable

56.9 m55.4 m58.4 m68.4 m63.4 m55.8 m50.4 m90.6 m72.6 m71.2 m148.3 m125.2 m

Inventories

110 m103.5 m119.7 m132.9 m133.2 m107 m119.1 m341.3 m260.5 m262.7 m359.8 m420.4 m487.4 m

Current Assets

192.8 m185.4 m204.8 m232.1 m258.2 m207.6 m289.6 m754.9 m462 m486.8 m573.2 m631.3 m724.5 m
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    52.3 m41 m69.1 m109.4 m

    Depreciation and Amortization

    9.9 m12.7 m28.7 m37.3 m

    Accounts Receivable

    (14 m)6.6 m(17 m)

    Inventories

    (3.7 m)(7.7 m)39.6 m
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    33.6 m17.8 m33.9 m29.5 m58.1 m19.6 m38.3 m95.9 m33.2 m63.4 m32.8 m54.8 m32.7 m

    Depreciation and Amortization

    17 m6.9 m13.9 m20.8 m20.5 m6.5 m13.4 m26.8 m9 m18.2 m12.2 m24.5 m

    Accounts Receivable

    (9.5 m)6.8 m5 m(6 m)(5.2 m)168 k5.7 m(20.6 m)(2.6 m)(1.2 m)(29.4 m)(5.8 m)

    Inventories

    (16 m)(2.7 m)(16.3 m)(32.4 m)(25.5 m)(535 k)(12.7 m)(29.9 m)53.8 m50.7 m(1.4 m)(60.6 m)487.4 m
      USDY, 2017

      EV/EBIT

      56.5 x

      EV/CFO

      569.6 x

      EV/FCF

      -122 x

      Revenue/Employee

      157.7 k

      Debt/Equity

      2.4 x

      Debt/Assets

      0.6 x

      Financial Leverage

      4.1 x
      Show all financial metrics

      B&G Foods Operating Metrics

      FY, 2014FY, 2015FY, 2016

      Manufacturing Facilities

      7910

      Distribution Centers

      334
      Show all operating metrics

      B&G Foods Market Value History

      B&G Foods's Web-traffic and Trends

      B&G Foods News and Updates

      Brynwood agrees to sell Back to Nature Foods Co. to B&G Foods

      Brynwood Partners agreed to sell Back to Nature Foods Company, LLC to B&G Foods, Inc. for about $162.5 million. The transaction is subject to closing and post-closing working capital adjustments. The sale is expected to close in the third quarter. Brynwood and Mondelēz International formed Back …

      B&G Foods Company Life and Culture

      You may also be interested in