Company: BRID
Filing Date: 2025-06-02
Form Type: 10-Q
Source: 0001641172-25-013252
Chunk: 78

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-06-02
Form: 10-Q
Item: Part I, Item 8
Chunk 78
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% due to non-deductible
meals and entertainment, non-taxable gains and losses on life insurance policies, and state income taxes.

 18 of 27 

Results
of Operations for the Twenty-Four Weeks Ended April 18, 2025, and April 19, 2024

Net
Sales-Consolidated

Net
sales increased by $1,028 (1.0%) to $103,184 in the twenty-four-week period ended April 18, 2025, compared to the same twenty-four-week
period in fiscal year 2024. The changes in net sales were comprised as follows:

    Impact on Net Sales-Consolidated 
    %  
    $ 
  
    Selling price per pound 
     3.9  
     4,368 
  
    Unit sales volume in pounds 
     -2.8  
     (3,134)
  
    Returns activity 
     -0.1  
     (75)
  
    Promotional activity 
     -  
     (131)
  
    Increase in net sales 
     1.0  
     1,028 

Net
Sales-Frozen Food Products Segment

Net
sales in the Frozen Food Products segment increased by $538 (2.0%) to $27,842 in the twenty-four-week period ended April 18, 2025, compared
to the same twenty-four-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 
     3.6  
     1,128 
  
    Unit sales volume in pounds 
     -2.3  
     (712)
  
    Returns activity 
     -  
     (9)
  
    Promotional activity 
     0.7  
     131 
  
    Increase in net sales 
     2.0  
     538 

The
increase in net sales for the twenty-four-week period ended April 18, 2025, primarily relates to higher selling prices per pound partially
offset by lower unit sales volume in pounds. Other institutional Frozen Food Products sales, including sheet dough and rolls, decreased
1% by volume while retail sales volume increased by 7%. Returns activity was even as a percentage of sales and slightly higher in absolute