Company: BRID
Filing Date: 2025-06-02
Form Type: 10-Q
Source: 0001641172-25-013252
Chunk: 74

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-06-02
Form: 10-Q
Item: Part I, Item 8
Chunk 74
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.6  
     846 
  
    Unit sales volume in pounds 
     -2.9  
     (438)
  
    Returns activity 
     -  
     3 
  
    Promotional activity 
     0.5  
     (3)
  
    Increase in net sales 
     3.2  
     408 

Net
sales for the Frozen Food Products segment increased 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, decreased 5% and retail dollar sales volume increased by 27% resulting in higher net sales compared to the
same period last year. Consumers are purchasing more from retail stores while visits to foodservice establishments have decreased
slightly compared to the prior year period. Returns activity remained consistent compared to the same twelve-week period in the 2024 fiscal year. Promotional
activity was lower as a percentage of sales but higher in dollars during the fiscal year 2025 period.

Net
Sales-Snack Food Products Segment

Net
sales in the Snack Food Products segment increased by $2,917 (8.5%) to $37,326 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-Snack Food Products 
    %  
    $ 
  
    Selling price per pound 
     4.5  
     1,683 
  
    Unit sales volume in pounds 
     3.3  
     1,232 
  
    Returns activity 
     1.8  
     554 
  
    Promotional activity 
     -1.1  
     (552)
  
    Increase in net sales 
     8.5  
     2,917 

Net
sales of Snack Food Products increased due to both higher selling prices per pound and higher unit sales volume in pounds during the
second quarter of fiscal year 2025. We believe demand increased primarily due to a shift in consumer spending habits toward purchasing
less expensive private-label snack foods including meat product purchases in order to reduce their expenses. The weighted average selling
price per pound increased compared to the same twelve-week period in the prior fiscal year due to price increases