Company: BRID
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001493152-25-012266
Chunk: 83

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-08-22
Form: 10-Q
Item: Part I, Item 8
Chunk 83
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     (455)
  
    Outside storage 
     910  
     1,223  
     (313)
  
    Wages and bonus 
     16,387  
     16,106  
     281 
  
    Travel expenses 
     2,067  
     1,828  
     239 
  
    Product advertising 
     5,049  
     5,280  
     (231)
  
    Other SG&A 
     15,877  
     15,507  
     370 
  
    Total
    - SG&A 
    $43,806  
    $43,446  
    $360 

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Healthcare
costs have increased due to unfavorable claim trends. Vehicle repairs and maintenance decreased compared to the prior year mainly
due to replacing aging vehicles throughout the fiscal year. Outside storage decreased primarily as a result of the need for less
warehouse capacity to store products before shipment to the directly store delivery warehouses and customers. Wages and bonus
increased due to increases in hourly wages. Travel expenses increased due to participation in food shows and in-person business
meetings. Product advertising decreased mainly due to renegotiation of commission percentages with brokers in the Frozen Food
Products segment and decreased fees paid under brand licensing agreements in the Snack Food Products segment during the thirty-six
weeks ended July 11, 2025. None of the changes individually or as a group of expenses in “Other SG&A” were
significant enough to merit separate disclosure. The major components comprising the increase of “Other SG&A”
expenses were higher provisions for bad debt and; higher shipping expense, offset by lower insurance and fuel costs.

Selling,
General and Administrative Expenses-Frozen Food Products Segment

SG&A
expenses in the Frozen Food Products segment decreased by $328 (3.4%) to $9,401 in the thirty-six-week period of fiscal year 2025 compared
to the same thirty-six-week period in the prior fiscal year. The overall decrease in SG&A expenses was due to lower product advertising,
including broker commissions, partially offset by higher travel expenses.

Selling,
General and Administrative Expenses-Snack Food Products Segment

SG&A
expenses in the Snack Food Products segment increased by $688 (2.0%) to $34,405 in the thirty-six-week period of fiscal year 2025 compared
to the same thirty-six-week period in