Company: BRID
Filing Date: 2025-06-02
Form Type: 10-Q
Source: 0001641172-25-013252
Chunk: 27

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-06-02
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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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 covering most of 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 by us. 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 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