Company: BRID
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001493152-25-009592
Chunk: 1

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-03-07
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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 leases payable 
     1,950  
     2,235 
  
    Executive retirement, pension plans and other 
     496  
     1,206 
  
    Total long-term liabilities 
     11,586  
     12,765 

    Total liabilities 
     26,353  
     29,218 

    Contingencies and commitments (Note 3) 
     -  
     - 

    Shareholders’ equity: 

    Preferred stock, without par value; authorized – 1,000,000 shares; issued and outstanding – none 
     -  
     - 
  
    Common stock, $1.00 par value; authorized – 20,000,000 shares; issued and outstanding – 9,076,832 and 9,076,832 shares, respectively 
     9,134  
     9,134 
  
    Capital in excess of par value 
     8,298  
     8,298 
  
    Retained earnings 
     118,298  
     119,411 
  
    Accumulated other comprehensive loss 
     (8,707) 
     (8,707)
  
    Total shareholders’ equity 
     127,023  
     128,136 
  
    Total liabilities and shareholders’ equity 
    $153,376  
    $157,354 

See
accompanying notes to Condensed Consolidated Financial Statements.

3 of 25

Item
1. b.

BRIDGFORD
FOODS CORPORATION

CONDENSED
CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

(in
thousands, except share and per share amounts)

    January 24, 2025  
    January 26, 2024 

    12 weeks ended 

    January 24, 2025  
    January 26, 2024 

    Net sales 
    $52,545  
    $54,842 
  
    Cost of products sold 
     39,660  
     38,804 

    Gross margin 
     12,885  
     16,038 

    Selling, general and administrative expenses 
     14,913  
     15,027 
  
    Gain on sale of property, plant, and equipment 
     (16) 
     -