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.

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
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Key People/Management at B&G Foods

Robert C. Cantwell

Robert C. Cantwell

President, Chief Executive Officer and Director
Eric H. Hart

Eric H. Hart

Executive Vice President of Human Resources and Chief Human Resources Officer
William F. Herbes

William F. Herbes

Executive Vice President of Operations
Scott E. Lerner

Scott E. Lerner

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

Vanessa E. Maskal

Executive Vice President of Sales and Marketing
Kenneth G. Romanzi

Kenneth G. Romanzi

Executive Vice President and Chief Operating Officer
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B&G Foods Office Locations

B&G Foods has an office in Parsippany-Troy Hills
Parsippany-Troy Hills, US (HQ)
4 Gatehall Dr
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B&G Foods Financials and Metrics

B&G Foods Revenue

B&G Foods's revenue was reported to be $1.67 b in FY, 2017
USD

Revenue (Q1, 2018)

431.7 m

Gross profit (Q1, 2018)

103.4 m

Gross profit margin (Q1, 2018), %

23.9%

Net income (Q1, 2018)

20.5 m

EBIT (Q1, 2018)

56.2 m

Market capitalization (11-Jul-2018)

2.1 b

Closing share price (11-Jul-2018)

31

Cash (31-Mar-2018)

118.1 m

EV

4 b
B&G Foods's current market capitalization is $2.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

725 m848 m342.3 m966.4 m1.7 b

Revenue growth, %

17%(60%)182%

Cost of goods sold

482.1 m600.2 m1.2 b

Gross profit

242.9 m247.8 m462.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

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 m431.7 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 m328.4 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 m103.4 m

Gross profit Margin, %

34%33%31%30%34%31%32%36%33%36%30%30%30%24%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

4.1 m1.5 m5.2 m28.8 m206.5 m

Accounts Receivable

Inventories

101.3 m106.6 m356.6 m501.8 m

Current Assets

181.7 m196.5 m463.2 m549.8 m886.6 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

12.3 m17 m4 m6 m45.9 m23.7 m98.5 m240.6 m65.2 m107.6 m31.8 m51.7 m22.6 m118.1 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 m160.8 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 m455.4 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 m767.8 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

52.3 m41 m69.1 m109.4 m217.5 m

Depreciation and Amortization

9.9 m12.7 m28.7 m37.3 m49.2 m

Inventories

(3.7 m)(7.7 m)39.6 m(139.5 m)

Accounts Payable

9.2 m(8.4 m)7.8 m16.6 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

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 m20.5 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 m13.1 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 m46.1 m

Accounts Payable

(3.5 m)(12.8 m)(3.6 m)3.3 m(6.2 m)(11.8 m)(7.2 m)47.6 m(7.7 m)(11.7 m)(21.8 m)(5.3 m)(11.4 m)
USDY, 2018

EV/EBIT

72 x

EV/CFO

54.8 x

EV/FCF

58.8 x

Revenue/Employee

166.7 k

Financial Leverage

3.9 x
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B&G Foods Operating Metrics

FY, 2014FY, 2015FY, 2016

Manufacturing Facilities

7 9 10

Distribution Centers

3 3 4
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B&G Foods Company Life and Culture

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