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B&G Foods BGS Meals — Goodwill

Other segment segments

Specialty
$219.25M-2.0%

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Other financials

Income statement

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Revenue$408.9M-3.9%
Gross profit$79.9M-11.3%
Operating income-$11.0M-131%
Net income-$32.5M-3,997%
EPS (diluted)-$0.41-4,200%

Balance sheet

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Cash & equivalents$64.5M+5.4%
Total debt$2.1B0.0%
Total equity$403.4M-21.4%
Total assets$2.8B-4.0%

Cash flow

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Operating cash flow$23.6M-55.3%
CapEx$4.9M-53.1%
Free cash flow$18.7M-55.8%

Valuation

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Market cap$275.97M-15.2%
Enterprise value$2.27B-1.7%
P/S0.2×0.0×

Profitability

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Gross margin21.4%0.0pp
Operating margin2.8%+1.6pp
Net margin-4.2%-1.6pp
FCF margin2.6%-3.7pp

Returns & leverage

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Return on equity-16.7%-5.5pp
Debt / equity5.1×+1.1×
Current ratio-0.3×

Where this comes from

Reported directly by B&G Foods in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: B&G Foods’s 10-Q, filed May 13, 2026.

Filed
May 13, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-060227
Line itemSpecialtyMealsFrozen & VegetablesSpices & Flavor SolutionsTotal
Balance as of January 3, 2026$219,359$143,020$181,433$543,812
Currency translation(106)(106)
College Inn and Kitchen Basics acquisition5,7825,782
Balance as of April 4, 2026$219,253$148,802$181,433$549,488

Item 1. Financial Statements (Unaudited)

FAQ

What is B&G Foods's meals — goodwill?
B&G Foods (BGS) reported meals — goodwill of $148.8M in Q1 2026.
How has B&G Foods's meals — goodwill changed year-over-year?
B&G Foods's meals — goodwill increased by 4.0% year-over-year, from $143.02M to $148.8M.
What does meals — goodwill mean?
Represents the carrying value of goodwill allocated to the Meals business segment, arising from past acquisitions where the purchase price exceeded the fair value of net identifiable assets. This asset reflects the premium paid for brand equity, customer relationships, and synergies specific to the Meals product category.

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