B&G Foods sells more assets as looks to simplify the portfolio (BGS:NYSE)
B&G Foods (BGS) sold the B&M and Joan of Arc brands to McCall Farms for an undisclosed amount. The move is part of BGS's strategy to simplify its portfolio.
B&G Foods, Inc.
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See all $BGS insider activity →B&G Foods (BGS) sold the B&M and Joan of Arc brands to McCall Farms for an undisclosed amount. The move is part of BGS's strategy to simplify its portfolio.
B&G Foods, Inc. (BGS) filed an SEC Form 8-K — Other Events. Exhibit 99.1 B&G Foods Sells B&M and Joan of Arc Brands to McCall Farms PARSIPPANY, N.J., October 13, 2026 — B&G Foods, Inc. (NYSE: BGS) announced today that it has sold the B&M brand of baked beans and brown bread and the Joan of Arc brand of kidney, chili and other canned beans
Amentum (AMTM) rose 3% after an analyst upgrade. B&G Foods (BGS) fell 2.6% after a failed asset sale. Marvell (MRVL) gained 8% on raised 2028 revenue forecast. Freshworks (FRSH) climbed 5.4% on S&P SmallCap 600 inclusion. Seagate (STX) dropped 9.5% amid acquisition concerns.
Recent BGS coverage spans financial news, regulation and corporate actions.
Divestiture of branded bean products reduces revenue base.
Asset divestiture reduces leverage and narrows focus to core brands.
Deal termination creates downside pressure.
The regulatory block halts a strategic divestiture, likely weighing on B&G Foods' valuation.
The deal termination removes a potential cash inflow and may signal execution risk, likely weighing on the stock.
AlphAI scores every news story that mentions BGS with an AI model for sentiment and relevance, and aggregates insider trades from B&G Foods, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
B&G Foods (BGS) sold the B&M and Joan of Arc brands to McCall Farms for an undisclosed amount. The move is part of BGS's strategy to simplify its portfolio.
1 min readB&G Foods, Inc. (BGS) filed an SEC Form 8-K — Other Events. Exhibit 99.1 B&G Foods Sells B&M and Joan of Arc Brands to McCall Farms PARSIPPANY, N.J., October 13, 2026 — B&G Foods, Inc. (NYSE: BGS) announced today that it has sold the B&M brand of baked beans and brown bread and the Joan of Arc brand of kidney, chili and other canned beans
2 min readAmentum (AMTM) rose 3% after an analyst upgrade. B&G Foods (BGS) fell 2.6% after a failed asset sale. Marvell (MRVL) gained 8% on raised 2028 revenue forecast. Freshworks (FRSH) climbed 5.4% on S&P SmallCap 600 inclusion. Seagate (STX) dropped 9.5% amid acquisition concerns.
2 min readNortera has withdrawn its bid to acquire B&G Foods' Green Giant and Le Sieur brands in Canada. The Competition Bureau raised concerns, stating the deal would reduce competition and increase prices. Nortera is the dominant processor of canned and frozen vegetables in Canada and has been the exclusive producer of these brands for 30 years. B&G Foods will retain ownership, and Nortera will continue as the main co-manufacturer.
2 min readB&G Foods, Inc. (BGS) filed an SEC Form 8-K — Other Events. Exhibit 99.1 B&G Foods and Nortera Announce Termination of Green Giant Canada Asset Purchase Agreement Parsippany, N.J., October 6, 2026 — B&G Foods, Inc. (NYSE: BGS) and Nortera Foods Inc. today announced that B&G Foods Canada, ULC and Nortera Foods terminated on October 5, 2026
2 min readB&G Foods director DeAnn L. Brunts bought 5,616.133 shares at $3.2051 each, totaling $18,000. The stock is near its 52-week low after a 34% six-month decline. B&G Foods missed Q2 2026 earnings, reporting $0.06 EPS and $383.3M revenue, below estimates of $0.09 EPS and $395M. The stock rose in after-hours trading.
1 min readBrunts DeAnn L purchased 5,616 shares of B&G Foods, Inc. (BGS) at $3.21 on 2026-09-14.
1 min readCanada's Competition Bureau is challenging Nortera Foods' acquisition of Green Giant and Le Sieur brands from B&G Foods, citing concerns over higher prices and reduced selection. Nortera argues the deal will strengthen Canadian food production. The Competition Tribunal will decide on the matter.
3 min readCanada's Competition Bureau seeks to block B&G Foods' sale of Green Giant and Le Sieur veg brands to Nortera, citing reduced competition. The bureau argues the deal would lead to higher prices and fewer choices. B&G and Nortera plan to contest the decision. B&G is selling assets to reduce debt. According to the bureau, Nortera is Canada's dominant processor of certain canned and frozen vegetables.
2 min readB&G Foods (BGS) reported Q2 2026 net sales of $383.3M, down 9.7% YoY due to divestitures. Adjusted EBITDA rose 4.2% to $60.4M. Net loss narrowed to $4M. Guidance for fiscal 2026 net sales, EBITDA, and EPS was reaffirmed. Management highlighted portfolio reshaping, debt refinancing, and new CEO transition. Risks include inflation, tariffs, and geopolitical tensions.
6 min read