B&G Foods Sells Additional Brands to Streamline Business Portfolio

Key Facts

1B&G Foods announced the sale of additional assets as part of its strategy to simplify its business portfolio.

B&G Foods announced the sale of additional assets, including the B&M and Joan of Arc brands, to McCall Farms. Seeking Alpha reported that the transaction was completed for an undisclosed amount, as the company continues its strategy to simplify its business portfolio and focus on core operations.

The divestment aims to reduce complexity and improve operational efficiency and financial health. BGS closed at $2.44 on October 12, 2026, with the stock trading between a low of $2.37 and a high of $2.48 during that session.