BGS Q2 2023 Earnings — B&G Foods, Inc. Revenue & Financial Results | Market Cap Arena

BGSB&G Foods, Inc.

$444M

Q2 2023 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$470M-1.9% YoY

Gross Profit

$102M21.8% margin

Operating Income

$49M10.5% margin

Net Income

$11M2.2% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

-8.2%

Cash Flow

Operating Cash Flow

$63M

Free Cash Flow

$56M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$2.9B

Stockholders' Equity

$866M

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$470M	$479M	-1.9%
Gross Profit	$102M	$76M	+33.7%
Operating Income	$49M	$27M	+82.6%
Net Income	$11M	$256,000	+4022.3%

Revenue Segments

Green Giant - frozen

$78M22%

Crisco

$67M19%

Spices and Seasonings

$64M18%

Ortega

$36M10%

Clabber Girl

$27M8%

Maple Grove Farms of Vermont

$22M6%

Green Giant - shelf stable

$21M6%

Cream of Wheat

$18M5%

Dash

$17M5%

Back to Nature

$2M1%