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Exhibit 99.1

FOR IMMEDIATE RELEASE

B&G Foods, Inc. Reports 2003 Fourth-Quarter And Full-Year Results

Parsippany, N.J., February 11, 2004—B&G Foods, Inc., a manufacturer and distributor of high-quality, shelf-stable branded food products, today announced fourth-quarter 2003 and full-year results.

Quarter Ended January 3, 2004 Compared to Quarter Ended September 27, 2003 and Year Ended January 3, 2004 Compared to Year Ended December 28, 2002.

Net sales in the fourth quarter were $101.2 million, up 21.5% compared to the $83.3 million in the prior quarterly period. For the 2003 fiscal year, net sales were $328.4 million, up 11.8% compared to net sales of $293.7 million for the fiscal year 2002.

Gross profit in the fourth quarter was $32.5 million, or 32.1% of net sales, compared to $26.1 million, or 31.3% of net sales, in the 2003 third quarter. For the year ended January 3, 2004, gross profit was $102.2 million, or 31.1% of net sales, compared to $90.0 million, or 30.6% of net sales, in the same prior year period.

Conference Call—B&G Foods, Inc. will hold a conference call on Thursday, February 12, 2004 at 10:30 a.m. (EST) to discuss this news release. The dial-in number for the conference call is (888) 390-5183 and the access password is "snow." A replay of the conference call will be available for a one-week period ending at 5:00 p.m. (EST) on Thursday, February 19. The telephone number for the replay is (800) 810-4033 and no access password is required.

About B&G Foods, Inc.

B&G Food and its subsidiaries manufacture, sell and distribute a diversified portfolio of high-quality, shelf-stable food products across the U.S., Canada and Puerto Rico. The company's products include Mexican-style sauces, pickles and peppers, hot sauces, wine vinegar, maple syrup, molasses, fruit spreads, pasta sauces, beans, spices, salad dressings, marinades, taco kits, salsas and taco shells. B&G Foods competes in the retail grocery, food service, specialty store, private label, club and mass merchandise channels of trade. Based in Parsippany, N.J, the company's products are marketed under many recognized brands, including Ac'cent, B&G, B&M, Brer Rabbit, Emeril's, Joan of Arc, Las Palmas, Maple Grove Farms of Vermont, Ortega, Polaner, Red Devil, Regina, San Del, Ac'cent Sa-Son, Trappey's, Underwood, Up Country Organics, Vermont Maid and Wright's.

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company 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 which explicitly describe such risks and uncertainties readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "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 the Company's filings with the Securities and Exchange Commission.

Contacts:		Robert Cantwell
		B&G Foods, Inc.
		973-401-6500

# # #

B&G FOODS, INC. AND SUBSIDIARIES
Consolidated Statements of Operations
(Dollars in thousands)

			Year ended
			December 28, 2002			January 3, 2004
Net sales			$	293,677		$	328,356
Cost of goods sold				203,707			226,174

		Gross profit		89,970			102,182
Operating Expenses:
	Sales, marketing and distribution expenses			35,852			39,477
	General and administrative expenses			4,911			6,313
	Management fees—related party			500			500
	Environmental clean-up expenses			100			—

		Operating income		48,607			55,892
Other expense:
	Derivative gain			(2,524	)		—
	Interest expense			26,626			31,205

Income before income taxes				24,505			24,687
Provision for income taxes				9,260			9,519

		Net income	$	15,245		$	15,168

B&G FOODS, INC. AND SUBSIDIARIES
Consolidated Statements of Operations
(Dollars in thousands)

			Fourth Quarter Ended
			December 28, 2002		January 3, 2004
Net sales			$	78,717	$	101,223
Cost of goods sold				55,923		68,699

		Gross profit		22,794		32,524
Operating Expenses:
	Sales, marketing and distribution expenses			9,370		13,258
	General and administrative expenses			1,259		1,741
	Management fees—related party			125		125
	Environmental clean-up expenses			100		—

		Operating income		11,940		17,400
Other expense:
	Interest expense			6,839		7,982

Income before income taxes				5,101		9,418
Provision for income taxes				1,442		3,747

		Net income	$	3,659	$	5,671

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Exhibit 99.1

B&G FOODS INC 8-K