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 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
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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 Financials

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

Revenue (FY, 2017)

1.7 b

Gross profit (FY, 2017)

462.2 m

Gross profit margin (FY, 2017), %

27.7%

Net income (FY, 2017)

217.5 m

EBIT (FY, 2017)

239.4 m

Market capitalization (18-Apr-2018)

1.6 b

Cash (30-Dec-2017)

206.5 m

EV

3.6 b
B&G Foods's current market capitalization is $1.6 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, 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%
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, 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
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, 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

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

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)
USDY, 2017

EV/EBIT

15.2 x

EV/CFO

96.1 x

EV/FCF

-165.1 x

Revenue/Employee

644 k

Financial Leverage

4 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 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 …
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