NewsfeedFollowed Companies

B&G Foods's Competitors, Revenue, Number of Employees, Funding and Acquisitions

B&G Foods manufactures and distributes shelf-stable and frozen food products.

B&G Foods is headquartered in Parsippany, N... Read more

Based on data from B&G Foods's latest SEC filings

Annual Revenue

Based on data from B&G Foods's latest SEC filings

Employees

Kenneth G. Romanzi's photo - President & CEO of B&G Foods

President & CEO

Kenneth G. Romanzi

CEO Approval Rating

85/100

OVERVIEW

Founded:

1889

Headquarters:

ParsippanyNew Jersey

Status:

PublicIndependent Company of NYSEBGS

Industry Sector:

Packaged Foods & Meats

Food Processing

SIC Code:

2011NAICS listing »

Top Competitors or Alternatives

Missing a competitor? Contribute!

Weigh-in!

Help the Owler community know more

Competitor - 1/1

Is Krispy Kreme a competitor of B&G Foods?

I don't know

Trending News for B&G Foods and B&G Foods's Competitors

November 18, 2019

The Herald

Vegas Krispy Kreme stores closed day after Knights' shutout

Ticketholders to the Las Vegas Golden Knights' shutout victory against the Calgary Flames may have to... See more »

November 19, 2019

MarketScreener

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Conagra Brands, Inc. and Encourages Investors with Losses to Contact the Firm

(marketscreener.com) The Schall Law Firm, a national shareholder rights litigation firm, announces th... See more »

November 19, 2019

Budapest Business Journal

Kellogg invests EUR 110 mln in Pringles Factory expansion in Poland

Kellogg Company has announced that construction has commenced on a new manufacturing line at its Prin... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Faribault Foods is B&G Foods's #1 competitor. Faribault Foods is a Private company that was founded in 1895 in Faribault, Minnesota. Faribault Foods is in the Food Processing industry. Compared to B&G Foods, Faribault Foods has 1,890 fewer employees.

Conagra Brands is seen as one of B&G Foods's biggest rivals. Conagra Brands was founded in Chicago, Illinois} in 1919. Conagra Brands is in the Food Processing field. Compared to B&G Foods, Conagra Brands generates $8.4B more revenue.

Bellisio Foods is one of B&G Foods's top competitors. Bellisio Foods is headquartered in Minneapolis, Minnesota, and was founded in 1912. Bellisio Foods competes in the Food Processing industry. Bellisio Foods generates 45% the revenue of B&G Foods.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Kenneth G. Romanzi

President & CEO

- -
2,590
$710.9M
$1.6B
1

Albert Hoflack

President & CEO

88/100
700
- -
$30M
2

Sean M. Connolly

President & CEO

74/100
12,400
$234.7M
$10.1B
3

Ken Stickevers

President & CEO

85/100
60,000
- -
$750M
4

Mike Tattersfield

CEO

62/100
3,200
$63M
$522.7M
5

David A. Ciesinski

President & CEO

64/100
2,900
- -
$1.3B
6

Miguel Patricio

CEO

72/100
39,000
- -
$25.3B
7

Jeffrey L. Harmening

Chairman & CEO

78/100
40,000
- -
$16.8B
8

Steven A. Cahillane

CEO

71/100
34,000
$9.9M
$13.7B
9

David Hoffmann

President & CEO

60/100
1,107
$437M
$1.4B
10

Rich Bauer

CEO

69/100
1,000
- -
$727.3M
The top 10 competitors in B&G Foods' competitive set are Faribault Foods, Conagra Brands, Bellisio Foods, Krispy Kreme, Lancaster Colony, Kraft Heinz, General Mills, Kellogg's, Dunkin' Brands and Southeast Frozen Foods. Together they have raised over 744.5M between their estimated 201.2K employees. B&G Foods has 2,590 employees and is ranked 8th among it's top 10 competitors. The top 10 competitors average 17,899.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.6B

B&G Foods's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 6.6B. Over the last four quarters, B&G Foods's revenue has decreased by 11.3%. Specifically, in Q3 2019's revenue was $406.3M; in Q2 2019, it was $371.2M; in Q1 2019, it was $412.7M; in Q4 2018, B&G Foods's revenue was $458.1M.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Clabber Girl Corporation

May 2019

Source »
$80M
Clabber Girl is a manufacturer and supplier of corn starch, baking powder and soda.
Back to Nature Foods Company, LLC

Aug 2017

Source »
$162.5M
Back to Nature is a food manufacturer that packages and distributes crackers, cookies, nuts, soups, cereals, trail mixes, granolas and juices.
Victoria Fine Foods

Dec 2016

Source »
$70M
Victoria produces and sells sauces, artichokes, olives, peppers, marinated vegetables, gourmet spreads, herbs and spices for specialty food companies.
ACH Food Companies, Inc.

Nov 2016

Source »
$365M
ACH is a manufacturer and marketer of cooking and baking ingredients including sauces, syrups, baking powders and yeast.
Weber Sauces and Seasonings

Sep 2016

Source »
undisclosed
Weber Sauces and Seasonings produces, markets and sells sauces, rubs and marinades.

These are all the companies that B&G Foods has acquired. B&G Foods has acquired 12 companies and its latest acquisition was Clabber Girl Corporation in May 2019. Clabber Girl is a manufacturer and supplier of corn starch, baking powder and soda.

B&G Foods Funding History

Since B&G Foods was founded in 1889, it has participated in 2 rounds of funding. In total B&G Foods has raised $710.9M. B&G Foods' last funding round was on Oct 2019 for a total of $450.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Oct 2019
$450M
-
IPO
Oct 2004
$260.9M

Total Funding: $710.9M

Since B&G Foods was founded in 1889, it has participated in 2 rounds of funding. In total B&G Foods has raised $710.9M. B&G Foods' last funding round was on Oct 2019 for a total of $450.0M

Investments

No recent investments found related to B&G Foods

B&G Foods News

November 4, 2019Baking Business

Tough quarter for Green Giant weighs on B&G earnings, sales

Company remains upbeat that necessary improvements are being made.... See more »
October 31, 2019MarketScreener

Reports Financial Results for Third Quarter 2019

(marketscreener.com) - Updates Full Year 2019 Guidance...http://www.marketscreener.com/B-G-FOODS-INC-... See more »
October 30, 2019Seeking Alpha

B&G Foods declares $0.475 dividend

See more »
October 30, 2019Associated Press News

B&G Foods Declares Regular Quarterly Dividend

Press release content from Business Wire. The AP news staff was not involved in its creation.... See more »
October 11, 2019ABF Journal

Barclays, Deutsche, Others Lead B&G Foods $450MM Term Loan

B&G Foods closed a $450 million tranche B term loan facility under its existing senior secured credit... See more »
October 6, 2019Seeking Alpha

Gauging The Safety Of B&G Foods' 10% Dividend

See more »
September 26, 2019MarketScreener

Closes $550.0 Million Public Offering of Senior Notes

(marketscreener.com) B&G Foods, Inc. (NYSE: BGS) announced today that it has completed its previously... See more »

B&G Foods Press Releases

January 4, 2018Business Wire

B&G Foods to Present at the 20th Annual ICR Conference

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE:BGS) announced today that the Company will b... See more »
October 17, 2017Business Wire

B&G Foods Announces Third Quarter 2017 Earnings Conference Call

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that it has scheduled ... See more »
August 4, 2017Blackbird

Maple Grove Farms of Vermont Receives Governor's Award for Environmental Excellence

ST. JOHNSBURY, Vt.-(BUSINESS WIRE)-Maple Grove Farms of Vermont, the largest packer of pure maple syr... See more »
August 2, 2017Business Wire

B&G Foods Reports Financial Results for Second Quarter 2017

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE:BGS) today announced financial results for t... See more »
June 21, 2017PR Newswire

Victoria® Heats Up the Pasta Sauce Aisle With Category Leading Innovation On Display at the 2017 Summer Fancy Food Show

BROOKLYN, N.Y., June 21, 2017 /PRNewswire/ -- Victoria Fine Foods continues to bring innovation to th... See more »
May 5, 2017Blackbird

B&G Foods to Present at Spring Investor Conferences

See more »
February 23, 2017Blackbird

B&G Foods Reports Financial Results for Fourth Quarter and Full Year 2016

See more »

B&G Foods Videos

Social Statistics

Headquarters

4 Gatehall Drive

Parsippany, New Jersey07054

1-800-811-8975

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

B&G Foods (NYSE:BGS), headquartered in Parsippany, New Jersey, is a holding company for a variety of food brands. Robert C. Cantwell serves as its President, Chief Executive Officer (CEO) and Director. The company manufactures, sells and distributes ...

CEO

B&G Foods's President & CEO, Kenneth G. Romanzi, currently has an approval rating of 85%. B&G Foods's primary competitors are Faribault Foods, Conagra Brands & Bellisio Foods.

Website

bgfoods.com

Frequently Asked Questions about B&G Foods

  1. When was B&G Foods founded?

    B&G Foods was founded in 1889

  2. Who is B&G Foods's CEO?

    B&G Foods's CEO is Kenneth G. Romanzi

  3. How much revenue does B&G Foods generate?

    B&G Foods generates $1.6B in revenue

  4. How much funding does B&G Foods have?

    B&G Foods has historically raised $710.9M in funding

  1. Where is B&G Foods's headquarters?

    B&G Foods's headquarters is in Parsippany New Jersey, USA

  2. How many employees does B&G Foods have?

    B&G Foods has 2,590 employees

  3. What sector does B&G Foods operate in?

    B&G Foods is in Packaged Foods & Meats, Food Processing

  4. Who are B&G Foods's competitors?

    B&G Foods's top competitors are Faribault Foods, Conagra Brands, Bellisio Foods
Stay up-to-date with the latest news on B&G Foods