| Address:
|
FOUR GATEHALL DRIVE
SUITE 110 |
| City: |
PARSIPPANY |
|
State: |
NJ |
|
Zip Code: |
07054 |
| Telephone: |
973.401.6500 |
|
Description of Business
|
Primary SIC Code:
2000 |
| (As filed with the SEC)
|
|
|
The terms "B&G Foods," "our," "we" and "us," as used in this report, refer
to B&G Foods, Inc. and its wholly owned subsidiaries, except where it is clear
that the term refers only to the parent company. Throughout this report, we
refer to our fiscal years ended December 30, 2006, December 29, 2007, January 3,
2009, January 2, 2010 and January 1, 2011 as "fiscal 2006," "fiscal 2007,"
"fiscal 2008," "fiscal 2009,"and "fiscal 2010" respectively.
B&G Foods manufactures, sells and distributes a diverse portfolio of
branded, high quality, shelf-stable food products, many of which have leading
regional or national market shares. In general, we position our branded products
to appeal to the consumer desiring a high quality and reasonably priced product.
We complement our branded product retail sales with institutional and food
service sales and limited private label sales. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 1.08 | 0.210 | 15.44 | | 06/2011 | 1.02 | 0.210 | 20.22 | | 03/2011 | 0.93 | 0.210 | 20.18 | | 12/2010 | 0.67 | 0.170 | 20.49 | | 09/2010 | 0.37 | 0.170 | 29.51 | | 06/2010 | 0.52 | 0.170 | 20.73 | | 03/2010 | 0.29 | 0.170 | 36.14 | | 12/2009 | 0.44 | 0.170 | 20.86 |
Key Financial Ratios and Statistics |
FYE:
01/01 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.16 | Total Liab/Total Assets | 0.74 | | Net Inc/Total Assets | 0.04 | Total Liab/Inv Cap | 0.80 | | Net Inc/Inv Cap | 0.04 | Total Liab/Comm Equity | 3.17 | | Pretax Inc/Net Sales | 0.10 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.06 | Curr Debt/Equity | 0.05 | | Cash Flow/Net Sales | 0.19 | LTD/Equity | 2.07 | | SG&A/NetSales | 0.11 | Total Debt/Equity | 2.12 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 13.27 | Quick Ratio | 2.29 | | Inventory Turnover | 4.30 | Current Ratio | 3.51 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.19 | | Net Sales/Work Cap | 3.34 | Inv/Curr Assets | 0.35 | | Net Sales/PP&E | 8.44 | | |
Income Statement (Millions) |
| |
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Total Revenues(Net Sales)
|
133.01
|
129.45
|
131.41
|
141.87
|
|
Cost of Goods Sold
|
91.56
|
87.28
|
86.54
|
94.81
|
|
Selling & Admin Exps
|
12.73
|
14.19
|
14.15
|
16.55
|
|
Operating Income
|
27.09
|
26.34
|
29.08
|
28.90
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
18.77
|
18.00
|
20.89
|
20.41
|
|
Other Income
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
12.08
|
12.60
|
13.31
|
14.28
|
|
Assets
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Cash & Short Term Investments
|
98.11
|
101.53
|
99.57
|
98.74
|
|
Receivables - Total
|
38.01
|
35.99
|
33.94
|
40.06
|
|
Inventories - Total
|
94.28
|
89.91
|
77.46
|
74.56
|
|
Total Current Assets
|
232.52
|
229.15
|
211.80
|
215.07
|
|
Net Property, Plant & Equipment
|
60.61
|
60.20
|
60.03
|
60.81
|
|
Total Assets
|
882.92
|
881.23
|
865.80
|
871.72
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
58.27
|
59.33
|
48.86
|
49.21
|
|
Debt in Current Liabilities
|
0.00
|
0.00
|
0.00
|
12.01
|
|
Total Current Liabilities
|
58.27
|
59.33
|
48.86
|
61.23
|
|
Long-Term Debt
|
477.99
|
477.91
|
477.83
|
477.75
|
|
Total Liabilities
|
645.69
|
643.58
|
632.15
|
641.14
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
0.48
|
0.48
|
0.48
|
0.48
|
|
Retained Earnings
|
73.33
|
61.25
|
48.65
|
35.34
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
237.23
|
237.65
|
233.66
|
230.59
|
|
Total Liabilities and Stockholders' Equity
|
882.92
|
881.23
|
865.80
|
871.72
|
Cash Flow Summary (Millions) |
|
Categories
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Net Cash Provided by Operating Activities
|
13.11
|
14.52
|
11.67
|
37.74
|
|
Net Cash Provided by Investing Activities
|
-2.87
|
-2.51
|
-1.50
|
-18.49
|
|
Net Cash Provided by Financing Activities
|
-13.72
|
-10.06
|
-9.22
|
-8.10
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 01/2006 | 411.31 | 11.57 | -- | | 01/2007 | 471.34 | 17.82 | -- | | 01/2009 | 486.90 | 9.73 | 0.27 | | 01/2010 | 501.02 | 17.44 | 0.44 | | 01/2011 | 513.34 | 32.38 | 0.67 | | Growth Rates | 5.70 | 29.33 | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 170 | 31,118 | 65.24 |
|
Report Date :
2/6/2012
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