BGS Q3 2023 Earnings — B&G Foods, Inc. Revenue & Financial Results | Market Cap Arena

BGSB&G Foods, Inc.

$444M

Q3 2023 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$503M-4.9% YoY

Gross Profit

$114M22.6% margin

Operating Income

-$73M-14.4% margin

Net Income

-$83M-16.5% margin

EPS (Diluted)

$-1.11

QoQ Revenue Growth

+7.0%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$17M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$3.1B

Stockholders' Equity

$841M

Cash & Equivalents

$360M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$503M	$528M	-4.9%
Gross Profit	$114M	$106M	+7.6%
Operating Income	-$73M	-$51M	-42.7%
Net Income	-$83M	-$60M	-38.9%

Revenue Segments

Crisco

$82M22%

Spices and Seasonings

$70M19%

Green Giant - frozen

$70M18%

Ortega

$37M10%

Clabber Girl

$34M9%

Green Giant - shelf stable

$31M8%

Maple Grove Farms of Vermont

$20M5%

Cream of Wheat

$18M5%

Dash

$14M4%

Back to Nature

$2M0%