Company: BRID
Filing Date: 2025-06-02
Form Type: 10-Q
Source: 0001641172-25-013252
Chunk: 2

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-06-02
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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     79,228  
     75,392 

    Gross margin 
     11,071  
     10,726  
     23,956  
     26,764 

    Selling, general and administrative expenses 
     14,286  
     13,974  
     29,198  
     29,001 
  
    Gain on sale of property, plant, and equipment 
     (28) 
     (2) 
     (44) 
     (2)
  
    Operating loss 
     (3,187) 
     (3,246) 
     (5,198) 
     (2,235)

    Other income (expense) 

    Interest (expense) income 
     (93) 
     25  
     (182) 
     (145)
  
    Cash surrender value (loss) gain 
     (1,495) 
     149  
     (961) 
     1,053 
  
    Total other (expense) income  
     (1,588) 
     174  
     (1,143) 
     908 

    Loss before taxes 
     (4,775) 
     (3,072) 
     (6,341) 
     (1,327)
  
    Benefit on income taxes 
     (915) 
     (877) 
     (1,368) 
     (367)

    Net loss 
    $(3,860) 
    $(2,195) 
    $(4,973) 
    $(960)

    Basic loss per share 
    $(0.43) 
    $(0.24) 
    $(0.55) 
    $(0.11)

    Shares used to compute basic loss per share 
     9,076,832  
     9,076,832  
     9,076,832  
     9,076,832 

See
accompanying notes to Condensed Consolidated Financial Statements.

 4 of 27 

Item
1. c.

BRIDGFORD
FOODS CORPORATION

CONDENSED
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY

24
weeks ended April 19, 2024, and April 18,