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FUNMAN

08/26/20 1:40 PM

#67 RE: tknuncle #66

Cinnamon Toast Crunch™ Cinnadust™ Seasoning Blend Available September 1st

B&G Foods Brings the Taste of Popular Cereal to Seasoning Category; Allows Fans to Flavor Anything Cinnamon Toast Crunch™


Cinnamon Toast Crunch Cinnadust Seasoning Blend
Aug 26, 2020, 09:15 ET

It's good they are trying to be creative, and get organic growth out of their own brands. It's cheaper than making another acquisition. - FUNMAN


PARSIPPANY, N.J., Aug. 26, 2020 /PRNewswire/ -- B&G Foods announced today the launch of Cinnamon Toast CrunchTM CinnadustTM Seasoning Blend, the first official seasoning blend to capture the essence of the beloved cinnamon flavored cereal. Cinnamon Toast CrunchTM CinnadustTM Seasoning Blend will be available September 1st at Sam's Club stores nationwide. Distribution will expand to include grocery stores and online retailers in early 2021.


Cinnamon Toast Crunch Cinnadust Seasoning Blend adds the sweet flavor of the beloved cereal to baked goods and desserts.

"Families are increasingly experimenting with spices and seasonings in the kitchen, and Cinnamon Toast CrunchTM CinnadustTM Seasoning Blend is our latest category innovation," said Jordan Greenberg, Executive Vice President & Chief Commercial Officer, B&G Foods. "CinnadustTM Seasoning Blend gives families the opportunity to add the iconic breakfast cereal flavor—and a little bit of nostalgia—to any food or beverage."

Cinnamon Toast CrunchTM CinnadustTM Seasoning Blend is more complex than traditional cinnamon-sugar mixes. The seasoning consists of the cereal's famous cinnamon-sugar blend, paired with sweet notes of caramel, vanilla and graham flavors that combine to capture the unmistakable taste of a bowl of Cinnamon Toast CrunchTM Cereal. CinnadustTM Seasoning Blend is great for adding sweet, delicious flavor to baked goods, toast, coffee, desserts, ice cream, savory foods and more.

"Cinnamon Toast CrunchTM CinnadustTM Seasoning Blend marks the first time consumers are able to bring the familiar flavor of Cinnamon Toast CrunchTM Cereal to favorite foods and beverages throughout all of their meals," said Liz Mahler, Sr. Brand Manager for the Cinnamon Toast CrunchTM brand. "Fans can now make anything and everything taste like Cinnamon Toast CrunchTM Cereal. We can't wait to see how creative families will get with CinnadustTM Seasoning Blend!"

For more information on the release of Cinnamon Toast CrunchTM CinnadustTM Seasoning Blend, including great recipe ideas, please visit: ctcseasoning.com.

About B&G Foods
Based in Parsippany, New Jersey, B&G Foods, Inc. (NYSE: BGS) and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. With B&G Foods' diverse portfolio of more than 50 brands you know and love, including Back to Nature, B&G, B&M, Cream of Wheat, Dash, Green Giant, Las Palmas, Le Sueur, Mama Mary's, Maple Grove Farms, New York Style, Ortega, Polaner, Spice Islands and Victoria, there's a little something for everyone. For more information about B&G Foods and its brands, please visit www.bgfoods.com.

About General Mills
General Mills is a leading global food company whose purpose is to make food the world loves. Its brands include Cheerios, Annie's, Yoplait, Nature Valley, Häagen-Dazs, Betty Crocker, Pillsbury, Old El Paso, Wanchai Ferry, Yoki, BLUE and more. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2020 net sales of U.S. $17.6 billion. In addition, General Mills' share of non-consolidated joint venture net sales totaled U.S. $1.0 billion.

Media Contact:
Gillian McNamara
Gillian Small PR
gillian@gilliansmallpr.com
201.526.4977

SOURCE Cinnamon Toast Crunch Cinnadust Seasoning Blend

FUNMAN

08/27/20 4:18 PM

#68 RE: tknuncle #66

Great article / B&G Foods Inc. (BGS) EPS growth this year is -53.50%: Get Prepared for Trading Lift Off

https://newsdaemon.com/2020/08/26/bg-foods-inc-bgs-eps-growth-this-year-is-53-50-get-prepared-for-trading-lift-off/

BY SHAUN NOE
AUGUST 26, 2020

COMPANY NEWS

B&G Foods Inc. (NYSE: BGS) open the trading on August 25, 2020, with great promise as it jumped 2.03% to $31.12. During the day, the stock rose to $31.15 and sunk to $30.06 before settling in for the price of $30.50 at the close. Taking a more long-term approach, BGS posted a 52-week range of $10.39-$30.95.

It was noted that the giant of the Consumer Defensive sector posted annual sales growth of 14.40% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 9.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -53.50%. This publicly-traded company’s shares outstanding now amounts to $64.13 million, simultaneously with a float of $62.64 million. The organization now has a market capitalization sitting at $1.99 billion. At the time of writing, stock’s 50-day Moving Average stood at $26.87, while the 200-day Moving Average is $20.11.

It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 2899 workers. It has generated 572,754 per worker during the last fiscal year. Meanwhile, its income per employee was 26,350. The stock had 10.85 Receivables turnover and 0.53 Total Asset turnover. For the Profitability, stocks gross margin was +22.24, operating margin was +13.57 and Pretax Margin of +6.37.

B&G Foods Inc. (BGS) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Packaged Foods industry. B&G Foods Inc.’s current insider ownership accounts for 1.90%, in contrast to 77.30% institutional ownership. According to the most recent insider trade that took place on Mar 13, this organization’s Director bought 19,500 shares at the rate of 11.86, making the entire transaction reach 231,221 in total value, affecting insider ownership by 725,282.

B&G Foods Inc. (BGS) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 6/29/2020 suggests? It has posted $0.71 earnings per share (EPS) beating the forecaster’s viewpoint (set at $0.61) by $0.1. This company achieved a net margin of +4.60 while generating a return on equity of 8.92. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.

B&G Foods Inc.’s EPS decrease for this current 12-month fiscal period is -53.50% and is forecasted to reach 1.96 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 5.80% through the next 5 years, which can be compared against the 9.30% growth it accomplished over the previous five years trading on the market.

B&G Foods Inc. (NYSE: BGS) Trading Performance Indicators

Let’s observe the current performance indicators for B&G Foods Inc. (BGS). It’s Quick Ratio in the last reported quarter now stands at 1.60. The Stock has managed to achieve an average true range (ATR) of 0.89. Alongside those numbers, its PE Ratio stands at $17.42, and its Beta score is 0.38. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.08. Similarly, its price to free cash flow for trailing twelve months is now 16.65.

In the same vein, BGS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.79, a figure that is expected to reach 0.65 in the next quarter, and analysts are predicting that it will be 1.96 at the market close of one year from today.

Technical Analysis of B&G Foods Inc. (BGS)

[B&G Foods Inc., BGS] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 86.23% While, its Average True Range was 0.85.

Raw Stochastic average of B&G Foods Inc. (BGS) in the period of the previous 100 days is set at 99.81%, which indicates a major rise in contrast to 98.85% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 23.61% that was lower than 47.19% volatility it exhibited in the past 100-days period.