BGS Q1 2023 Earnings — B&G Foods, Inc. Revenue & Financial Results | Market Cap Arena

BGSB&G Foods, Inc.

$444M

Q1 2023 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$512M-3.9% YoY

Gross Profit

$114M22.3% margin

Operating Income

$62M12.1% margin

Net Income

$3M0.7% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

-17.9%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$66M

Stock-Based Comp.

$927,000

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.9B

Stockholders' Equity

$862M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$512M	$532M	-3.9%
Gross Profit	$114M	$101M	+12.8%
Operating Income	$62M	$56M	+10.4%
Net Income	$3M	$24M	-85.6%

Revenue Segments

Green Giant - frozen

$91M23%

Crisco

$72M19%

Spices and Seasonings

$70M18%

Ortega

$38M10%

Clabber Girl

$27M7%

Green Giant - shelf stable

$26M7%

Maple Grove Farms of Vermont

$22M6%

Cream of Wheat

$21M5%

Dash

$18M5%

Back to Nature

$2M0%