B&G Foods Inc (NYSE: BGS) is a packaged food company that manufactures, sells, and distributes a portfolio of branded shelf-stable and frozen food and household products across the United States, Canada, and Mexico. Revenue is generated through transactional sales of branded consumer products to retail grocery, mass merchant, and other food channels. The company competes in the highly fragmented packaged food industry against numerous companies of varying sizes, including divisions of larger corporations with greater financial resources and lower fixed costs. B&G Foods holds trademarks across dozens of brands, including Cream of Wheat, Crisco, Green Giant, Ortega, Spice Islands, Clabber Girl, Bear Creek Country Kitchens, and Maple Grove Farms of Vermont, among others. As of the 10-K filed 2026-03-03 covering fiscal 2025 (ended January 3, 2026), the company operated six primary shelf-stable distribution centers in the United States and seven primary frozen distribution centers across the United States and Canada. B&G Foods carries a debt-heavy capital structure and has historically paid dividends, though dividend continuity depends on cash flow, leverage covenants, and board discretion.
- Revenue model
- Transactional sales of branded shelf-stable and frozen food and household products to retail and foodservice customers. Pricing is list-price driven with trade promotions. The company also holds inbound licensing agreements, such as for Weber seasonings and Crockpot seasoning mixes, enabling sales under third-party brand names.
- Products and services
- Shelf-stable and frozen food products sold under owned trademarks including Cream of Wheat, Cream of Rice, Crisco, Green Giant, Ortega, Spice Islands, Clabber Girl, B&M, Maple Grove Farms of Vermont, Dash, Durkee, Tone's, Victoria, Underwood, Polaner, Las Palmas, Bear Creek Country Kitchens, Mama Mary's, New York Style, Old London, Trappey's, Brer Rabbit, Regina, Molly McButter, Sugar Twin, TrueNorth, Static Guard, and others. Licensed products include Weber seasonings and Crockpot seasoning mixes.
- Customers and end markets
- Retail grocery, mass merchant, and other food retail channels in the United States, Canada, and Mexico. The filing does not disclose specific customer names or concentration percentages. End markets are consumer household food consumption, including shelf-stable pantry products and frozen vegetables.
- Value-chain role
- Brand owner and manufacturer. Operates owned manufacturing facilities and uses third-party logistics providers for distribution. Shelf-stable distribution runs through six primary U.S. distribution centers; frozen distribution runs through seven primary centers in the United States and Canada. Also ships direct from some manufacturing facilities.
- Geographic exposure
- Primary operations in the United States, with distribution and sales also in Canada and Mexico. Green Giant Canada was reclassified to assets held for sale during fiscal 2025.
Source: SEC 10-K, filed 2026-03-03
Industry:
Food and Kindred Products
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