Bridgford Foods (NASDAQ:BRID) just reported results for the third quarter of 2024. Bridgford Foods reported earnings per share of -20 cents. The company reported revenue of $49.26 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human interventio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock BRID Nasdaq Global Market FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 12, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ____ Commission file number: 0 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark one) For the quarterly period ended April 19, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 000-02396 Common Stock BRID Nasdaq Global Market Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 m ...

Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock BRID Nasdaq Global Market (Mark one) For the quarterly period ended January 26, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 BRIDGFORD FOODS CORPORATION (Exact name of registrant as specified in its charter) California 95-1778176 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) identification number) (214) 428-1535 (Registrant's teleph ...

We do not currently have any off-balance sheet arrangements within the meaning of Item 303(b) of Regulation S-K. The Dodd-Frank Wall Street Reform and Consumer Protection Act permanently exempts smaller reporting companies with less than $75 million in public float, such as the Company, from the requirement to obtain an external audit on the effectiveness of internal financial reporting controls provided in Section 404(b) of the Sarbanes-Oxley Act. As a result, an attestation report on internal controls ove ...

Editor's note: Seeking Alpha is proud to welcome William Walsh as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » LauriPatterson/E+ via Getty Images Investment Thesis I assess a buy rating for Bridgford Foods Corp. (NASDAQ:BRID). BRID is trading at a deep discount, below tangible book value. Additionally, BRID has a real estate portfolio that does not come c ...

Net sales in the Snack Food Products segment decreased by $4,469 (9.3%) to $43,337 in the third twelve-week period of the 2023 fiscal year compared to the same twelve-week period in fiscal year 2022. The changes in net sales were comprised as follows: | --- | --- | --- | |---------------------------------------------------|-------|---------| | Impact on Net Sales-Snack Food Products | % | $ | | Selling price per pound | 0.7 | 357 | | Unit sales volume in pounds | -9.1 | (4,573) | | Returns activity | -0.3 | ...

We assess the recoverability of our long-lived assets on a quarterly basis or whenever adverse events or changes in circumstances or business climate indicate that expected undiscounted future cash flows related to such long-lived assets may not be sufficient to support the net book value of such assets. If undiscounted cash flows are not sufficient to support the recorded assets, we recognize an impairment to reduce the carrying value of the applicable long-lived assets to their estimated fair value. We op ...

As of January 20, 2023, the Company has a federal NOL carry forward of approximately $0 and state NOL carry forwards of approximately $4,600 million. We maintain a revolving line of credit with Wells Fargo Bank, N.A. that extends to August 31, 2023. As of year-end October 28, 2022, under the terms of this line of credit, we could borrow up to $15,000 at an interest rate equal to the bank's prime rate or secured overnight financing rate ("SOFR") plus 2.0%. The line of credit has an unused commitment fee of 0 ...

Mr. Bridgford is one of the principal owners of Bridgford Industries Inc., the Company's majority shareholder. He has extensive knowledge of the Company's business and experience in the food industry developed during his long tenure with the Company. The Board believes he is qualified to serve as a director based on these experiences as well as his other valuable attributes and skills. 21 Todd C. Andrews Todd C. Andrews is a Certified Public Accountant (inactive) and retired in April 2021 as Senior Vice Pre ...