B
BRIDGFORD FOODS CORP
BRIDCIK 0000014177NasdaqNon-AcceleratedSmaller ReportingSausages & Other Prepared Meat ProductsCaliforniaFY ends Oct 30
Period
FY 2025
Revenue
$230.99M
Net Income
$-13.36M
Total Assets
$147.21M
Equity
$115.55M
Shares Out
9.08M
Op. Cash Flow
$-5.69M
Business
Bridgford Foods Corporation manufactures and distributes frozen and snack food products, including biscuits, bread dough, roll dough, dry sausage, salami, and beef jerky, for retail and food-service customers across the United States. The company operates two segments: frozen food products (sold through wholesalers and distributors to food-service and retail channels) and snack food products (distributed via direct-store-delivery and customer warehouse networks to supermarkets, mass merchandisers, and convenience stores). The company manufactures substantially all its products in-house and has shifted toward private-label production to meet consumer demand for affordable alternatives.
Summary from 10-K filed 2026-01-28
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-10-31 | FY 2024 2024-10-31 | FY 2023 2023-10-31 | FY 2022 2022-10-31 | FY 2021 2021-10-31 |
|---|---|---|---|---|---|---|
| Net sales | 231 | 224 | 252 | 266 | 240 | |
| Cost of products sold | 186 | 167 | 181 | 194 | 189 | |
| Gross margin | 45 | 56 | 70 | 72 | 51 | |
| Selling, general and administrative expenses | 63 | 62 | 66 | 65 | 60 | |
| (Gain) loss on sale of property, plant and equipment | −143,000 | 146,000 | 161,000 | −58 | −504,000 | |
| Operating loss | −19 | −6 | 5 | 65 | −8 | |
| Interest expense | −314,000 | −429,000 | −579,000 | — | — | |
| Cash surrender value gain | 1 | 2 | 445,000 | −2 | 2 | |
| Total other income | 704,000 | 2 | −134,000 | −3 | 957,000 | |
| Loss before taxes | −18 | −5 | 4 | 61 | −7 | |
| Benefit on income taxes | −5 | −1 | 1 | 16 | −2 | |
| Net loss | −13 | −3 | 3 | 45 | −6 | |
| Basic loss per share | −1.47 | −0.37 | 0.38 | 4.96 | −0.61 | |
| Shares used to compute basic loss per share | 9 | 9 | 9 | 9 | 9 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-10-31 | FY 2024 2024-10-31 | FY 2023 2023-10-31 | FY 2022 2022-10-31 | FY 2021 2021-10-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 876,000 | 10 | 16 | 16 | — | |
| Accounts receivable, less allowance for credit losses accounts of $50 and $110, respectively, and promotional allowances of $1,903 and $2,399, respectively | 24 | 30 | 29 | 35 | 24 | |
| Inventories, net | 37 | 33 | 41 | 41 | 37 | |
| Refundable income taxes | 624,000 | 3 | 2 | 1 | 6 | |
| Prepaid expenses and other current assets | 908,000 | 609,000 | 435,000 | 321,000 | 3 | |
| Total current assets | 64 | 78 | 87 | 93 | 70 | |
| Property, plant and equipment, net of accumulated depreciation and amortization of $82,041 and $77,160, respectively | 62 | 65 | 67 | 72 | 73 | |
| Other non-current assets | 22 | 15 | 12 | 12 | 14 | |
| Total assets | 147 | 157 | 167 | 176 | 157 | |
| Accounts payable | 9 | 6 | 7 | 14 | 12 | |
| Accrued payroll, advertising, and other expenses | 7 | 6 | 6 | 8 | 7 | |
| Income taxes payable | 294,000 | 274,000 | 256,000 | 224,000 | 98,000 | |
| Current notes payable equipment | 1 | 1 | 1 | 1 | 1 | |
| Current right-of-use leases payable | 1 | 1 | 1 | 1 | — | |
| Revolving credit facility | 2 | — | — | — | — | |
| Other current liabilities | 1 | 2 | 2 | 3 | 5 | |
| Total current liabilities | 21 | 16 | 18 | 27 | 26 | |
| Long-term notes payable equipment, bridge loan and revolving credit facility | 673,000 | 2 | 3 | 4 | 36 | |
| Deferred income taxes, net | 3 | 8 | 8 | 9 | 3 | |
| Long-term right of use leases payable | 959,000 | 2 | 2 | 3 | — | |
| Executive retirement plans and other non-current liabilities | 6 | 1 | 6 | 5 | — | |
| Total long-term liabilities | 10 | 13 | 19 | 23 | — | |
| Total liabilities | 32 | 29 | 37 | 50 | 82 | |
| Contingencies and commitments (Notes 3, 5 and 6) | — | — | — | — | — | |
| Preferred stock, without par value; Authorized - 1,000,000 shares; issued and outstanding none | — | — | — | — | — | |
| Common stock, $1.00 par value; Authorized - 20,000,000 shares; issued and outstanding 9,076,832 shares | 9 | 9 | 9 | 9 | 9 | |
| Capital in excess of par value | 8 | 8 | 8 | 8 | 8 | |
| Retained earnings | 106 | 119 | 123 | 119 | 74 | |
| Accumulated other comprehensive loss | −8 | −9 | −11 | −10 | −17 | |
| Total shareholders equity | 116 | 128 | 130 | 126 | 75 | |
| Total liabilities and shareholders equity | 147 | 157 | 167 | 176 | 157 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-10-31 | FY 2024 2024-10-31 | FY 2023 2023-10-31 | FY 2022 2022-10-31 | FY 2021 2021-10-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 6 | 7 | 7 | — | — | |
| Provision for (recoveries on) losses on accounts receivable | 274,000 | −126,000 | 147,000 | 57,000 | 125,000 | |
| Provision for (reduction in) promotional allowances | −496,000 | 307,000 | −679,000 | −98,000 | — | |
| Deferred income taxes, net | −5 | −720,000 | −631,000 | 5 | 1 | |
| Accounts receivable, net | 6 | −2 | 6 | −10 | −1 | |
| Inventories, net | −4 | 7 | −40,000 | −4 | −7 | |
| Refundable income taxes | 3 | −173,000 | −967,000 | 5 | 3 | |
| Prepaid expenses and other current assets | −299,000 | −1 | −114,000 | 2 | −2 | |
| Other non-current assets | −7 | −3 | −444,000 | −11,000 | −4 | |
| Accounts payable | 3 | −2 | −6 | 1 | 2 | |
| Accrued payroll, advertising and other expenses | 501,000 | −81,000 | −1 | 963,000 | 909,000 | |
| Income taxes payable | 20,000 | 18,000 | 32,000 | 126,000 | — | |
| Other current liabilities | −828,000 | 47,000 | −879,000 | −2 | 722,000 | |
| Executive retirement plans and other non-current liabilities | 6 | −2 | −1 | −657,000 | −1 | |
| Net cash used in operating activities | −6 | −497,000 | 4 | −8 | −6 | |
| Proceeds from sale of property, plant and equipment | 205,000 | 69,000 | 227,000 | 60 | 520,000 | |
| Additions to property, plant and equipment | −4 | −4 | −3 | −4 | −6 | |
| Net cash used in investing activities | −3 | −4 | −2 | 56 | −6 | |
| Payment of financing lease obligations | −1 | −103,000 | −1 | −400,000 | — | |
| Proceeds from borrowings on revolving credit facility | 2 | — | — | — | — | |
| Repayments of equipment note payable | −992,000 | −1 | — | — | — | |
| Net cash used in financing activities | −270,000 | −1 | −2 | −33 | 7 | |
| Net decrease in cash and cash equivalents | −9 | −5 | −625,000 | 16 | −5 | |
| Cash paid for income taxes | 77,000 | 1 | 3 | 13 | 148,000 | |
| Cash paid for interest | 419,000 | 429,000 | 579,000 | 1 | 1 | |
| Non-cash receivable from tenant | 678,000 | 860,000 | — | — | — | |
| Non-cash liability from tenant | 708,000 | 883,000 | — | — | — |
Filings
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Frequently asked questions
What is BRIDGFORD FOODS CORP's CIK number?
BRIDGFORD FOODS CORP's SEC CIK number is 0000014177 (14177). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find BRIDGFORD FOODS CORP's SEC filings?
All of BRIDGFORD FOODS CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.