Company: BRID
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001493152-25-012266
Chunk: 74

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-08-22
Form: 10-Q
Item: Part I, Item 8
Chunk 74
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-store-delivery system.

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Overview
of Reporting Segments

We
operate in two business segments – the processing and distribution of frozen food products (the “Frozen Food Products segment”),
and the processing and distribution of snack food products (the “Snack Food Products segment”). For information regarding
the separate financial performance of the business segments refer to Note 4 — Segment Information of the Notes to the Condensed
Consolidated Financial Statements included in this Report. We manufacture and distribute an extensive line of food products, including
biscuits, bread dough items, roll dough items, dry sausage products and beef jerky.

Frozen
Food Products Segment

Our
Frozen Food Products segment primarily manufactures and distributes biscuits, bread dough items, roll dough items and shelf stable sandwiches.
All items within this segment are considered similar products and have been aggregated at this level. Our frozen food business covers
the United States. We have shifted away from Company-leased long-haul vehicles toward less costly transportation methods such as common
carriers. Products produced by the Frozen Food Products segment are generally supplied to food service and retail distributors who take
title to the product upon shipment receipt through third-party logistic providers/carriers. We leverage relationships with regional sales
managers, and we maintain a network of independent food service and retail brokers throughout the United States. Brokers are compensated
on a commission basis. We believe that our brokers, in close cooperation with our regional sales managers, are a valuable asset providing
significant new products and customer opportunities. Regional sales managers perform several significant functions for us, including
identifying and developing new business opportunities and providing customer service and support to our distributors and end purchasers
often with the assistance of our broker partners.

Snack
Food Products Segment

Our
Snack Food Products segment primarily distributes products manufactured in-house. All items within this segment are considered
similar products and have been aggregated at this level. The dry sausage division includes products such as jerky, meat snacks,
salami, sausage, and pepperoni products. During the third quarter of fiscal year 2025, our Snack Food Products segment 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