B&G Foods, Inc. Reports Earnings Results for the Fourth Quarter Ended January 01, 2022
March 01, 2022 at 04:05 pm EST
Share
B&G Foods, Inc. reported earnings results for the fourth quarter ended January 01, 2022. For the fourth quarter, the company reported sales was USD 571.79 million compared to USD 510.24 million a year ago. Net loss was USD 4.81 million compared to net income of USD 12.17 million a year ago.
Basic loss per share from continuing operations was USD 0.07 compared to basic earnings per share from continuing operations of USD 0.19 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to diluted earnings per share from continuing operations of USD 0.19 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. 
