Clabber Girl

B&G Foods Reports Financial Results for First Quarter 2024

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星期三, 五月 8, 2024
Retail, Supermarket, Food, Beverage, Giant, Cream, B&G Foods, Spice, Cognitive computer, Br'er Rabbit, Transport, Clabber Girl, B&M, Acquisition, Dash, Green Giant, Pharmaceutical industry

Commenting on the results, Casey Keller, President and Chief Executive Officer of B&G Foods, stated, “B&G Foods’ first quarter results demonstrated consistent margins and moderating inflation, with declines in net sales driven by foodservice trends and increased promotion spending.

Key Points: 
  • Commenting on the results, Casey Keller, President and Chief Executive Officer of B&G Foods, stated, “B&G Foods’ first quarter results demonstrated consistent margins and moderating inflation, with declines in net sales driven by foodservice trends and increased promotion spending.
  • Base business net sales for the first quarter of 2024 decreased $22.0 million, or 4.4%, to $475.3 million from $497.3 million for the first quarter of 2023.
  • The Company’s adjusted diluted earnings per share for the first quarter of 2024 was negatively impacted by an increase to the weighted average shares outstanding in the first quarter of 2024 compared to the first quarter of 2023.
  • However, beginning with the first quarter of 2024, the Company now operates in, and has begun reporting results by, four business segments.

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

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星期二, 二月 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.

B&G Foods Reports Financial Results for Third Quarter 2023

Retrieved on: 
星期三, 十一月 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

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星期四, 八月 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: 
星期四, 五月 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: 
星期二, 二月 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 Announces Partnership with Celebrity Pastry Chef Christina Tosi

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星期三, 九月 22, 2021
Cream, Giant, Partnership, Dash, Cream of Wheat, Milk bar, Magic, Home, B&G Foods, Child, Love, Bear Creek, Clabber Girl, Creativity, B&M, Green Giant, Food science, Le Sueur, Tosi, Milk, Seager Wheeler's Maple Grove Farm, Flour

Christina will create exclusive recipes and baking tips for the new B&G Foods Baking at Home site, a dedicated baking resource for consumers that's available 24/7 to solve any baking dilemma.

Key Points: 
  • Christina will create exclusive recipes and baking tips for the new B&G Foods Baking at Home site, a dedicated baking resource for consumers that's available 24/7 to solve any baking dilemma.
  • Christina Tosi is an award-winning pastry chef known for combining her formal culinary training and her informal obsession with home baking, grocery store staples and classic American sweets.
  • The partnership with B&G Foods is a natural fit as the beloved pastry chef is a proponent of keeping the pantry stocked with baking essentials so consumers are ready to bake when inspiration strikes.
  • For more information about B&G Foods' partnership with Christina Tosi, please visit bakingathome.com/christinatosi .

B&G Foods to Acquire Iconic Crisco® Brand

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星期一, 十月 26, 2020
Retail, Supermarket, Food, Beverage, Food and drink, Cooking, Foods, Crisco, Cooking oils, Cooking spray, Clabber Girl, Shortening, B&G Foods, Vegetable oil, Baking powder, Clabber, B&G Foods, Inc., Non-GAAP Financial Measures and Items Affecting Comparability

B&G Foods, Inc. (NYSE: BGS) announced today that it has entered into an agreement to acquire the iconic Crisco brand of oils and shortening from The J.M.

Key Points: 
  • B&G Foods, Inc. (NYSE: BGS) announced today that it has entered into an agreement to acquire the iconic Crisco brand of oils and shortening from The J.M.
  • We are very excited to add the iconic Crisco brand to the B&G Foods portfolio, stated Kenneth G. Romanzi, President and Chief Executive Officer of B&G Foods.
  • Crisco is an excellent complement to our existing portfolio of brands, including our Clabber Girl and other baking powder brands.
  • Crisco is the number one brand of shortening, the number one brand of vegetable oil and also holds a leadership position in other cooking oils and cooking sprays.

Gladstone Commercial Corporation Provides a Business Update

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星期四, 九月 17, 2020
British MPs, House of Commons of the United Kingdom, Baking powder, Clabber Girl, Clabber, B&G Foods, Peapack-Gladstone, New Jersey, William Ewart Gladstone

MCLEAN, Va., Sept. 17, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) (we or Gladstone Commercial) is providing the following business update regarding portfolio performance during this time of market volatility related to the global COVID-19 pandemic.

Key Points: 
  • MCLEAN, Va., Sept. 17, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) (we or Gladstone Commercial) is providing the following business update regarding portfolio performance during this time of market volatility related to the global COVID-19 pandemic.
  • The property is 100% leased byClabber Girl Corporation (Clabber Girl)with a full guaranty from Clabber Girls publicly traded parent company,B&G Foods(NYSE: BGS).
  • Gladstone Commercial is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States.
  • As ofJune 30, 2020, Gladstone Commercials real estate portfolio consisted of 122 properties located in 28 states, totaling approximately 15.1 million square feet.

B&G Foods Acquires Clabber Girl Corporation

Retrieved on: 
星期三, 五月 15, 2019
Retail, Food, Beverage, Food and drink, Baking powder, Leavening agents, Clabber Girl, Personal life, Cuisine of the Southern United States, Clabber, Hulman & Company, Baking, Sodium bicarbonate, Hulman family

B&G Foods, Inc. (NYSE: BGS) announced that effective today it has acquired the Clabber Girl Corporation, a leader in baking products, including baking powder, baking soda and corn starch, from Hulman & Company.

Key Points: 
  • B&G Foods, Inc. (NYSE: BGS) announced that effective today it has acquired the Clabber Girl Corporation, a leader in baking products, including baking powder, baking soda and corn starch, from Hulman & Company.
  • We are pleased to announce the addition of Clabber Girl to our portfolio of brands, stated Kenneth G. Romanzi, President and Chief Executive Officer of B&G Foods.
  • Clabber Girl Corporation is the number one manufacturer of branded retail baking powder and also holds leadership positions in baking soda and corn starch.
  • Clabber Girl Corporation is the manufacturer of Clabber Girl Baking Powder, the #1 retail baking powder brand in the nation.