Company: BRID
Filing Date: 2025-03-07
Form Type: 10-Q
Source: 0001493152-25-009592
Chunk: 75

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-03-07
Form: 10-Q
Item: Part I, Item 8
Chunk 75
---
 or trade restrictions
could also negatively impact our cost of materials and production processes.

The
marketing of our value-added products does not lend itself to instantaneous changes in selling prices. In addition, if we increase prices
to offset higher costs, we could experience lower demand for our products and sales volumes. Conversely, decreases in our commodity and
other input costs may create pressure on us to decrease our prices. Changes in selling prices are relatively infrequent and do not compare
with the volatility of commodity markets. If there is a lag between when costs increase and when we are able to increase selling prices,
our profits margins may suffer. Production and pricing of commodities, on the other hand, are determined by constantly changing market
forces of supply and demand over which we have limited or no control. Such factors include, among other things, weather patterns throughout
the world, outbreaks of disease, the global level of supply inventories and demand for grains and other feed ingredients, as well as
agricultural, energy and trade policies of domestic and foreign governments. While fluctuations in significant cost structure components,
such as ingredient commodities and fuel prices, have had a significant impact on profitability over the last three years, the impact
of general price inflation on our financial position and results of operations has also been significant. Current inflationary market
conditions may have a negative impact on future earnings. Future volatility of general price inflation or deflation and raw material
cost and availability could adversely affect our financial results.

Item
2. Unregistered Sales of Equity Securities and Use of Proceeds

Recent Sales of Unregistered
Securities

None.

Repurchase of Equity Securities

No equity securities were repurchased
during the first quarter of fiscal 2025.

Item 3. Defaults Upon Senior
Securities

None.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

None.

23 of 25

Item
6. Exhibits

    Incorporated
    by Reference
  
    Exhibit
    Number
     
    Exhibit
    Description
     
    Form
     
    File
    No.
     
    Exhibit
     
    Filing
    Date
     
    Filed
    Herewith

    31.1
     
    Certification of Principal Executive Officer, Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

    X
  
    31.2
     
    Certification of Principal Financial Officer, Pursuant to Section 302 of the