Del Monte Foods sale to see California plant close [Yahoo! Finance]
B&G Foods, Inc. B&G Foods, Inc. (BGS)
Last b&g foods, inc. b&g foods, inc. earnings: 2/25 04:05 pm
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Source: Yahoo! Finance
The site in Modesto packs canned Del Monte products. CBS News reported the closure would affect 600 jobs. Last week, Fresh Del Monte, B&G Foods and Pacific Coast Producers struck deals to buy assets from Del Monte Foods, which had been in Chapter 11 bankruptcy proceedings since July. In a statement, Del Monte Foods confirmed the facility in Modesto was no longer needed. “In connection with Del Monte Foods' court-supervised sale process, the go-forward business will not require the operational capacity provided by the Modesto plant. As a result, Del Monte Foods has made the difficult decision to begin an orderly wind-down of operations at the facility,” the statement read. The company did not confirm the number of jobs that would be affected. Last July, Del Monte Foods president and CEO Greg Longstreet said moving into Chapter 11 proceedings and selling off assets was “a strategic step forward” for the company and “the most effective way to accelerate our turnaround and crea
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News
- How Is B&G Foods Reshaping Its Brand Portfolio for Growth? [Yahoo! Finance]Yahoo! Finance
- B&G Foods (NYSE:BGS) had its price target raised by analysts at TD Cowen from $3.00 to $3.50. They now have a "sell" rating on the stock.MarketBeat
- B&G Foods (NYSE:BGS) had its "sell" rating reaffirmed by analysts at Cowen Inc.MarketBeat
- B&G Foods picks up broth and stock brands out of Del Monte's bankruptcy [Seeking Alpha]Seeking Alpha
- B&G Foods Announces Agreement to Acquire the College Inn® and Kitchen Basics® BrandsBusiness Wire
BGS
Earnings
- 11/5/25 - Beat
BGS
Sec Filings
- 1/16/26 - Form 8-K
- 1/14/26 - Form 3
- 12/1/25 - Form 4
- BGS's page on the SEC website