Company: BRID
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001493152-25-009592
Chunk: 83

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-03-07
Form: 10-Q
Item: Part I, Item 2
Chunk 83
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-store-delivery system focus emphasizes high quality service and supply of our premium branded products
to our customers. We also provide the service of setting up and maintaining the display and restocking our products.

Results
of Operations for the Twelve Weeks Ended January 24, 2025, and January 26, 2024

Net
Sales-Consolidated

Net
sales decreased by $2,297 (4.2%) to $52,545 in the first twelve-week period of the 2025 fiscal year compared to the same twelve-week
period in fiscal year 2024. The changes in net sales were comprised as follows:

    Impact on Net Sales-Consolidated 
    %  
    $ 
  
    Selling price per pound 
     2.7  
     1,644 
  
    Unit sales volume in pounds 
     -6.2  
     (3,732)
  
    Returns activity 
     -1.3  
     (633)
  
    Promotional activity 
     0.6  
     424 
  
    Decrease in net sales 
     -4.2  
     (2,297)

16 of 25

Net
Sales-Frozen Food Products Segment

Net
sales in the Frozen Food Products segment increased by $130 (0.9%) to $14,529 in the first twelve-week period of the 2025 fiscal year
compared to the same twelve-week period in fiscal year 2024. The changes in net sales were comprised as follows:

    Impact on Net Sales-Frozen Food Products 
    %  
    $ 
  
    Selling price per pound 
     1.7  
     276 
  
    Unit sales volume in pounds 
     -1.6  
     (267)
  
    Returns activity 
     -0.1  
     (12)
  
    Promotional activity 
     0.9  
     133 
  
    Increase in net sales 
     0.9  
     130 

Net
sales for the Frozen Food Products segment increased slightly due to higher selling prices per pound partially offset by lower unit
sales volume in pounds compared to the same period in the prior year. Other institutional Frozen Food Products dollar sales,
including sheet dough and rolls, increased 3% and retail dollar sales volume decreased by 3% resulting in relatively consistent net
sales compared to the same period