Crisco

B&G Foods Reports Financial Results for Fourth Quarter and Full Year 2023

Retrieved on: 
Tuesday, February 27, 2024
Retail, Supermarket, Food, Beverage, Giant, Cream, Molly, Acquisition, Forecasting, Back to Nature, Transport, Flatbread, Sale, Green Giant, Clabber Girl, B&G Foods, Vegetable, GAAP, Crisco, Webcast, Farm, Cream of Wheat

Base business net sales for the fourth quarter of 2023 decreased $13.3 million, or 2.3%, to $562.3 million from $575.6 million for the fourth quarter of 2022.

Key Points: 
  • Base business net sales for the fourth quarter of 2023 decreased $13.3 million, or 2.3%, to $562.3 million from $575.6 million for the fourth quarter of 2022.
  • Base business net sales of all other brands in the aggregate decreased $4.6 million, or 3.5%, for the fourth quarter of 2023, as compared to the fourth quarter of 2022.
  • Selling, general and administrative expenses increased $1.3 million, or 2.7%, to $53.2 million for the fourth quarter of 2023 from $51.9 million for the fourth quarter of 2022.
  • ET today, February 27, 2024 to discuss fourth quarter and full year 2023 financial results.

WILDBRAIN REPORTS Q2 2024 RESULTS

Retrieved on: 
Thursday, February 8, 2024
Content creation, Crisco, Partnership, TSX, Growth, Season, Sale, Sonic Prime, Television, WildBrain, Teletoon, Milkshake, Apple TV, Video game

Net income was $5.0 million, compared with net loss of $13.0 million in Q2 2023.

Key Points: 
  • Net income was $5.0 million, compared with net loss of $13.0 million in Q2 2023.
  • Cash provided in operating activities was $35.0 million, compared to cash provided in operating activities of $63.1 million in Q2 2023.
  • Free Cash Flow1 was $5.4 million, compared to $26.4 million in Q2 2023.
  • TORONTO, Feb. 8, 2024 /PRNewswire/ - WildBrain Ltd. ("WildBrain" or the "Company") (TSX: WILD), a global leader in kids' and family entertainment, today reported its second quarter ("Q2 2024") results for the period ended December 31, 2023.

B&G Foods Reports Financial Results for Third Quarter 2023

Retrieved on: 
Wednesday, November 8, 2023
Retail, Supermarket, Food, Beverage, Giant, Cream, Cream of Wheat, Sale, Le Sueur, Seneca Foods, Back to Nature, ATM, Green Giant, Farm, EBITDA, Equity, Seager Wheeler's Maple Grove Farm, GAAP, Acquisition, Senior, Transport, Ortega, Webcast, Clabber Girl, B&G Foods, Crisco, Forecasting, Debt-to-GDP ratio, Beauty salon, Financial services, Security (finance), Grocery store, Pharmaceutical industry, Bookkeeping, Cryptocurrency, Video game

Net sales of Back to Nature, which the Company divested on January 3, 2023, and therefore not part of the Company’s fiscal 2023 results, were $10.2 million during the third quarter of 20222.

Key Points: 
  • Net sales of Back to Nature, which the Company divested on January 3, 2023, and therefore not part of the Company’s fiscal 2023 results, were $10.2 million during the third quarter of 20222.
  • Base business net sales for the third quarter of 2023 decreased $15.6 million, or 3.0%, to $502.7 million from $518.3 million for the third quarter of 2022.
  • For additional information regarding B&G Foods’ non-GAAP financial measures, see “About Non-GAAP Financial Measures and Items Affecting Comparability” below.
  • ET today, November 8, 2023 to discuss third quarter 2023 financial results.

B&G Foods Reports Financial Results for Second Quarter 2023

Retrieved on: 
Thursday, August 3, 2023
Retail, Supermarket, Food, Beverage, Cream, Giant, Seager Wheeler's Maple Grove Farm, B&G Foods, Cream of Wheat, GAAP, Ortega, Sale, Forecasting, Le Sueur, EBITDA, Crisco, Acquisition, Back to Nature, Webcast, Transport, Green Giant, Clabber Girl, Farm, Pharmaceutical industry, Bookkeeping, Video game, Bank, Security (finance)

Base business net sales for the second quarter of 2023 increased $0.4 million, or 0.1%, to $469.5 million from $469.1 million for the second quarter of 2022.

Key Points: 
  • Base business net sales for the second quarter of 2023 increased $0.4 million, or 0.1%, to $469.5 million from $469.1 million for the second quarter of 2022.
  • Base business net sales of all other brands in the aggregate increased $7.5 million, or 7.8%, for the second quarter of 2023, as compared to the second quarter of 2022.
  • Selling, general and administrative expenses increased $3.7 million, or 8.3%, to $47.9 million for the second quarter of 2023 from $44.2 million for the second quarter of 2022.
  • ET today, August 3, 2023 to discuss second quarter 2023 financial results.

B&G Foods Reports Financial Results for First Quarter 2023

Retrieved on: 
Thursday, May 4, 2023
Technology, Supermarket, Retail, Food, Beverage, Giant, Cream, Seager Wheeler's Maple Grove Farm, B&G Foods, Cream of Wheat, GAAP, Ortega, Sale, Forecasting, Le Sueur, EBITDA, Crisco, Acquisition, Back to Nature, Webcast, Transport, Green Giant, Clabber Girl, Farm, Dietary supplement, Bookkeeping, Pharmaceutical industry, Video game, Bank, Omicron

Net sales of Back to Nature, which the Company divested on January 3, 2023, and therefore not part of the Company’s fiscal 2023 results, were $14.4 million during the first quarter of 2022.

Key Points: 
  • Net sales of Back to Nature, which the Company divested on January 3, 2023, and therefore not part of the Company’s fiscal 2023 results, were $14.4 million during the first quarter of 2022.
  • Net sales from the Yuma acquisition, which was completed on May 5, 2022 and therefore not part of the Company’s first quarter of 2022 results, contributed $0.4 million to the Company’s net sales for the first quarter of 2023.
  • Base business net sales for the first quarter of 2023 decreased $6.4 million, or 1.2%, to $511.4 million from $517.8 million for the first quarter of 2022.
  • ET today, May 4, 2023 to discuss first quarter 2023 financial results.

B&G Foods Reports Financial Results for Fourth Quarter and Full Year 2022

Retrieved on: 
Tuesday, February 28, 2023
Retail, Supermarket, Food, Beverage, Cream, Giant, EBITDA, Clabber Girl, Seager Wheeler's Maple Grove Farm, Transport, Forecasting, Omicron, B&G Foods, GAAP, Acquisition, Spice, Webcast, Green Giant, ATM, Ortega, Human back, Cream of Wheat, Crisco, Sale, Borrowing base, Farm, Le Sueur, Elasticity, COVID-19, Pharmaceutical industry, Bookkeeping, Recycling, Video game, Cryptocurrency, Security (finance)

Base business net sales for the fourth quarter of 2022 increased $51.2 million, or 8.9%, to $622.8 million from $571.6 million for the fourth quarter of 2021.

Key Points: 
  • Base business net sales for the fourth quarter of 2022 increased $51.2 million, or 8.9%, to $622.8 million from $571.6 million for the fourth quarter of 2021.
  • Net sales of Green Giant (including Le Sueur) decreased $11.3 million, or 6.9%, for the fourth quarter of 2022, as compared to the fourth quarter of 2021.
  • Base business net sales of all other brands in the aggregate increased $15.4 million, or 12.1%, for the fourth quarter of 2022, as compared to the fourth quarter of 2021.
  • ET today, February 28, 2023 to discuss fourth quarter and full year 2022 financial results.

B&G Foods to Sell Back to Nature to Barilla America

Retrieved on: 
Thursday, December 15, 2022
Supermarket, Retail, Food, Beverage, Organic Food, Cream, Giant, Securities and Exchange Commission (Philippines), Bear Creek, Cream of Wheat, Love, B&G Foods, ERP, Food industry, Seager Wheeler's Maple Grove Farm, Annual report, NYSE, Failure, B&M, Security (finance), Disclosure, Sale, Habit, Safety, Back to Nature, Food science, Food safety, Legislation, Environment, Le Sueur, Dash, Workforce, Green Giant, Risk, BGS, Asian Infrastructure Investment Bank, COVID-19, Information, Bottled water, Crisco, Nature

B&G Foods, Inc. (NYSE: BGS) announced today that it has entered into an agreement to sell the Back to Nature brand to Barilla America.

Key Points: 
  • B&G Foods, Inc. (NYSE: BGS) announced today that it has entered into an agreement to sell the Back to Nature brand to Barilla America.
  • The divestiture will also allow us to reduce long-term debt, while providing Barilla America with a great brand.
  • B&G Foods expects the sale to close in the first quarter of 2023, subject to the satisfaction of customary closing conditions.
  • Based in Parsippany, New Jersey, B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico.

B&G Foods to Partner with America’s Grow-a-Row to Provide Over 1 Million Servings of Fresh Produce to Those in Need

Retrieved on: 
Thursday, November 17, 2022
Other Philanthropy, Other Retail, DEI (Diversity, Equity and Inclusion), Family, Supermarket, Social Services, Social Activism, Consumer, Food, Beverage, Environmental, Social and Governance (ESG), Organic Food, Retail, Fitness & Nutrition, Communications, Professional Services, Other Education, Philanthropy, Health, Fund Raising, Education, Foundation, Cream, Giant, Agriculture, Food, Le Sueur, Partnership, Hunger, NYSE, Love, Bear Creek, Cream of Wheat, DEI, Vegetable, Work, BGS, Food science, Green Giant, B&G Foods, B&M, Food security, Seager Wheeler's Maple Grove Farm, AGAR, Dash, Grocery store, Bottled water, Crisco

In 2023, B&G Foods will donate $250,000 to AGAR, which will result in the planting, growing, harvesting and distribution of 1.25 million servings of fresh produce to communities in need across the United States.

Key Points: 
  • In 2023, B&G Foods will donate $250,000 to AGAR, which will result in the planting, growing, harvesting and distribution of 1.25 million servings of fresh produce to communities in need across the United States.
  • By providing 1.25 million servings of produce to those who are in need, we are making it easier for families to eat healthy, nourishing foods.
  • Each year, we donate 2.5 million pounds of produce and corporate donors like B&G Foods help us give even more to those in need.
  • AGAR is celebrating 20 years of service to those in need in 2022 and has donated more than 17 million pounds, or 68 million servings, of fresh produce since its beginning.

Green Giant® Announces Thanksgiving Partnership with Tariq the "Corn Kid"

Retrieved on: 
Wednesday, November 16, 2022
Giant, Table, B&G Foods, Family, The Jolly Green Giant, B&M, New Yorkers, Sensation, Partnership, City, Senior, Le Sueur, Green, District, Green Giant, City Harvest, Macy, Mobile marketing, Maize, Love, Food science, Internet, Dash, Frozen vegetables, Thanksgiving, Flour, Feed manufacturing, Grocery store, Crisco, Cheese, New Yorker

PARSIPPANY, N.J., Nov. 16, 2022 /PRNewswire/ -- Green Giant®, the iconic brand synonymous with delicious and high-quality vegetables for families, announced today a partnership with 7-year-old corn enthusiast and internet sensation, Tariq the "Corn Kid." Together with Corn Kid, the Green Giant® brand will elevate corn from a simple side dish to the star of the Thanksgiving table this year.

Key Points: 
  • PARSIPPANY, N.J., Nov. 16, 2022 /PRNewswire/ -- Green Giant , the iconic brand synonymous with delicious and high-quality vegetables for families, announced today a partnership with 7-year-old corn enthusiast and internet sensation, Tariq the "Corn Kid."
  • Together with Corn Kid, the Green Giant brand will elevate corn from a simple side dish to the star of the Thanksgiving table this year.
  • The week-long partnership will see Corn Kid joining Green Giant at pivotal Thanksgiving moments: creating delicious corn-filled Green Giant side dishes, donating canned Green Giant veggies at the local food bank, and at the Macy's ThanksgivingDayParade.
  • Beginning today through November 21, consumers can enter to win an exclusive Thanksgiving apron from the Green Giantbrand by visiting greengiant.com/sweepstakes.

B&G Foods Declares Quarterly Dividend

Retrieved on: 
Wednesday, November 9, 2022
Retail, Supermarket, Food, Beverage, Cream, Giant, Director, Love, Information, NYSE, Le Sueur, Asian Infrastructure Investment Bank, Bear Creek, U.S. Securities and Exchange Commission, Workforce, Disclosure, Green Giant, Risk, Environment, Food industry, Board, BGS, Legislation, Annual report, Failure, Cream of Wheat, Board of directors, Goal, Safety, Public expenditure, Seager Wheeler's Maple Grove Farm, Policy, Habit, Company, B&G Foods, Food science, Food safety, Judgement, B&M, Security (finance), Dash, ERP, COVID-19, Holding company, Crisco

B&G Foods, Inc. (NYSE: BGS) announced today that its Board of Directors declared yesterday a quarterly cash dividend of $0.19 per share of common stock.

Key Points: 
  • B&G Foods, Inc. (NYSE: BGS) announced today that its Board of Directors declared yesterday a quarterly cash dividend of $0.19 per share of common stock.
  • This is the 73rd consecutive quarterly dividend declared by the Board of Directors since B&G Foods initial public offering in October 2004.
  • Although the Board of Directors has reduced the dividend rate under the Companys dividend policy, the Board of Directors has reaffirmed the policy itself.
  • Based in Parsippany, New Jersey, B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico.