Company: BRID
Filing Date: 2025-06-02
Form Type: 10-Q
Source: 0001641172-25-013252
Chunk: 101

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-06-02
Form: 10-Q
Item: Part I, Item 2
Chunk 101
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 this level. The dry sausage division includes products such as jerky, meat snacks, salami, sausage, and pepperoni
products. During the second quarter of fiscal year 2025, our snack food products division sold approximately 170 different items through
customer-owned distribution centers and a direct-store-delivery network serving approximately 21,000 supermarkets, mass merchandise and
convenience retail stores located in all 50 states.

Products
produced or distributed by the Snack Food Products segment are supplied to customers through either direct delivery to customer warehouses
or direct-store-delivery to retail locations. We utilize customer managed warehouse distribution centers to lower distribution cost.
Products delivered to the customer’s warehouse are then distributed to the store where they are resold to the end consumer. Our
direct-store-delivery system focus emphasizes high quality service and supply of our premium branded and private label products to our
customers. We also provide the service of setting up and maintaining the display of and restocking our products.

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Results
of Operations for the Twelve Weeks Ended April 18, 2025, and April 19, 2024

Net
Sales-Consolidated

Net
sales increased by $3,325 (7.0%) to $50,639 in the second 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 
     4.8  
     2,528 
  
    Unit sales volume in pounds 
     1.5  
     793 
  
    Returns activity 
     1.3  
     558 
  
    Promotional activity 
     -0.6  
     (554)
  
    Increase in net sales 
     7.0  
     3,325 

Net
Sales-Frozen Food Products Segment

Net
sales in the Frozen Food Products segment increased by $408 (3.2%) to $13,313 in the second 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 
     5.6