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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (5869)2/23/2020 10:46:22 AM
From: E_K_S1 Recommendation

Recommended By
richardred

  Read Replies (1) | Respond to of 7239
 
I need to take a field trip to my local stores here in N. CA and check the freezer case. About 2 months ago I did a check of the Green Giant brands (both fresh in produce section and also in freezer section). My conclusion was they had pretty good store shelf space (compared to other brands). Produce guy said it was selling but not as fast as some other 'packaged fresh' produce.

What surprised me was the amount of total 'packaged fresh' produce when compared to what was there 5 years ago. It's washed, clean and ready to serve (steam and/or micro wave in package). Freezer section about the same but more of those prepared bowls. Shelf space was less than in produce area. I wonder if these new products might replace some of their other items and/or if they get new shelf space.

Also, looking at those prices, looks like 28% more which means higher margins.

EKS



To: richardred who wrote (5869)2/23/2020 1:13:26 PM
From: Willitsoar  Read Replies (2) | Respond to of 7239
 
Does BGS offer products under supermarket chain names - e.g. Wegmans, Hannaford, etc. ?



To: richardred who wrote (5869)2/24/2020 8:58:32 PM
From: E_K_S  Read Replies (1) | Respond to of 7239
 
B&G Foods, Inc. (NYSE: BGS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.475 per share of common stock. The dividend is payable on April 30, 2020 to shareholders of record as of March 31, 2020.

At the closing market price of the common stock on February 24, 2020, the current dividend rate represents an annualized yield of 14.5%. This is the 62nd consecutive quarterly dividend declared by the Board of Directors since B&G Foods’ initial public offering in October 2004.