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September 05, 2017

Green Giant® Refreshes the Freezer with New Green Giant Veggie Spirals™

Iconic Vegetable Brand Continues to Transform the Frozen Aisle Following the Successful Introduction of Veggie Tots, Riced Veggies, Mashed Cauliflower and Roasted Veggies

PARSIPPANY, N.J.--(BUSINESS WIRE)--Sep. 5, 2017-- B&G Foods, Inc. (NYSE: BGS) announced today the latest innovation in the growing line of Green Giant® frozen veggie swap-ins – Green Giant Veggie Spirals. These spiral-shaped vegetables are a great alternative to pasta and will initially be available in Zucchini, Carrots and Butternut Squash varieties.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170905005337/en/

Green Giant® Refreshes the Freezer with New Green Giant Veggie Spirals™ (Photo: Business Wire)

Green Giant® Refreshes the Freezer with New Green Giant Veggie Spirals™ (Photo: Business Wire)

Green Giant Veggie Spirals are 100 percent vegetables, with no sauces or seasonings and provide consumers with an easy way to add more nutritious veggies to any meal. Each variety of Green Giant Veggie Spirals is gluten-free, Paleo-friendly, low calorie and ranges from 65-90 percent fewer carbs than traditional pasta.

Recipe-ready Green Giant Veggie Spirals allow consumers to conveniently swap-in more veggies, without the time, trouble and product waste of spiraling their own vegetables. Frozen at the peak of freshness, Green Giant Veggie Spirals are ready to heat and serve as a standalone dish, a tasty side or as a delicious addition to a soup or salad.

“The Green Giant frozen vegetable innovations that we launched last fall have been very successful, proving that consumers are hungry to embrace Green Giant once again while incorporating new formats and varieties of vegetables in their diet,” stated Robert C. Cantwell, President and Chief Executive Officer of B&G Foods. “Purchase data shows that Green Giant frozen innovation products have not only brought new consumers to the Green Giant brand, but have also brought new consumers to the overall frozen vegetable category. The power of Green Giant is real and B&G Foods is proud to have begun reinvigorating this beloved brand as we continue to roll out new product innovations to meet the demands of today’s consumers.”

In addition to introducing such an innovative product to the frozen category, Green Giant is also debuting the PrimaPak® package, a next generation hybrid packaging technology for Green Giant Veggie Spirals. This patented and versatile technology, produced by a joint venture, including Sonoco Flexible Packaging, acts as a bowl and allows consumers to blend ingredients, conveniently heat and serve without additional dishes. The semi-rigid, rectangular container with peel and reseal functionality limits waste through the use of less plastic compared to traditional trays.

Green Giant Veggie Spirals are expected to be in stores nationwide starting in January 2018.

B&G Foods purchased the Green Giant brand in November 2015, and through new product innovation and enhanced marketing has increased distribution and net sales of Green Giant frozen vegetables. As B&G Foods previously announced, net sales of Green Giant frozen products grew $9.4 million or 14% for the second quarter of 2017 as compared to the second quarter of 2016, driven by the brand’s new frozen innovation products that launched in late 2016.

Green Giant also recently announced the expansion of the Green Giant Riced Veggies, Green Giant Veggie Tots and Green Giant Mashed Cauliflower lines, with the introduction of five new products in September 2017.

  • Green Giant Cauliflower with Lemon & Garlic Riced Veggies
  • Green Giant Cauliflower Risotto Medley Riced Veggies
  • Green Giant Cauliflower & Sweet Potato Veggie Tots
  • Green Giant Corn Veggie Tots
  • Green Giant Broccoli & Cheese Mashed Cauliflower

About Green Giant
Few brands enjoy a heritage as rich as that of Green Giant®. For over 100 years, Green Giant has been devoted to growing the best quality and most unforgettably delicious vegetables for you and your family. For more information and some simple and tasty recipes, please visit www.greengiant.com.

About B&G Foods, Inc.
B&G Foods and its subsidiaries manufacture, sell and distribute a diversified portfolio of high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. Based in Parsippany, New Jersey, B&G Foods’ products are marketed under many recognized brands, including Ac’cent, B&G, B&M, Baker’s Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary’s, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril’s, Grandma’s Molasses, Green Giant, JJ Flats, Joan of Arc, Las Palmas, Le Sueur, MacDonald’s, Mama Mary’s, Maple Grove Farms, Molly McButter, Mrs. Dash, New York Flatbreads, New York Style, Old London, Original Tings, Ortega, Pirate’s Booty, Polaner, Red Devil, Regina, Sa-són, Sclafani, Smart Puffs, Spice Islands, Spring Tree, Sugar Twin, Tone’s, Trappey’s, TrueNorth, Underwood, Vermont Maid, Victoria, Weber and Wright’s. B&G Foods also sells and distributes Static Guard, a household product brand. For more information, please visit www.bgfoods.com.

Forward-Looking Statements
Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” The forward-looking statements contained in this press release include, without limitation, statements related to the expected launch of Green Giant Veggie Spirals and the brand’s other new innovation products and the timing thereof, whether Green Giant Veggie Spirals and the brand’s other new innovation products will meet the demands of today’s consumers and whether and when Green Giant Veggie Spirals will achieve nationwide distribution. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of B&G Foods to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects,” “projects,” “intends,” “anticipates” or “plans” to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in B&G Foods’ filings with the Securities and Exchange Commission, including under Item 1A, “Risk Factors” in the Company’s Annual Report on Form 10-K for fiscal 2016 filed on March 1, 2017 and in its subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. B&G Foods undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Source: B&G Foods, Inc.

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