B&G Foods Inc. (BGF)

B&G Foods, Inc. engages in the manufacture, distribution, and sale of a portfolio of shelf-stable foods in the United States, Canada, and Puerto Rico. Its products include shelf-stable Mexican food, including taco shells, seasonings, dinner kits, taco sauces, peppers, refried beans, salsas, and related food products, as well as snack products, such as microwavable cheese sauce bowls and salsa and cheese sauce bowls. The company also offers a line of gourmet salad dressings, marinades, fruit syrups, confections, pancake mixes, and organic products; shelf-stable pickles, relishes, peppers, olives, and other related specialty items; fruit-based spreads and jarred wet spices; chicken, beef, and vegetable stocks; and various meat spreads, including deviled ham, chicken, and roast beef, as well as liver pate and sardines. In addition, B&G Foods provides various baked beans and brown bread products; flavor enhancers; vinegars and cooking wines; canned beans, including kidney, chili, and other beans; and molasses products. It primarily sells its products through retailers, and a network of independent brokers and distributors. The company is headquartered in Parsippany, New Jersey.

For the thirty nine weeks ended 30 September 2006, B&G Foods, Inc.'s revenues increased 9% to $300.1M. Net income increased 37% to $8.7M. Revenues reflect the contributions from acquisition of the Ortega food service dispensing pouch & dipping cup and an increase in sales price & unit volume. Net income also reflects the presence of gain on sale of New Iberia facility and improved operating margins.