Company: BRID
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001493152-25-012266
Chunk: 75

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-08-22
Form: 10-Q
Item: Part I, Item 8
Chunk 75
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 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 the 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.

Results
of Operations for the Twelve Weeks Ended July 11, 2025, and July 12, 2024

Net
Sales-Consolidated

Net
sales increased by $2,691 (5.5%) to $51,954 in the third 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 
     4.0  
     2,141 
  
    Unit sales volume in pounds 
     2.0  
     1,062 
  
    Returns activity 
     -0.9  
     (467)
  
    Promotional activity 
     0.4  
     (45)
  
    Increase
    in net sales 
     5.5  
     2,691 

Net
Sales-Frozen Food Products Segment

Net
sales in the Frozen Food Products segment decreased by $725 (6.3%) to $10,792 in the third 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 
     -1.0  
     (128)
  
    Unit sales volume in pounds 
     -2.2  
     (289)
  
    Returns activity 
     0.1  
     9 
  
    Promotional activity 
     -3.2  
     (317)
  
    Decrease
    in net sales 
     -6.3  
     (725)

Net
sales for the Frozen Food Products segment decreased due to lower selling prices per pound and by lower unit sales volume in pounds compared
to the same period in the prior year