Every 10-Q that Bridgford Foods Corp (BRID) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BRID and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BRID filings page.
Bridgford Foods Corporation (BRID) reported another loss-making quarter for the twelve weeks ended July 10, 2026, with net sales of $47.0 million versus $52.0 million a year earlier and a net loss of $2.0 million compared with $1.6 million last year. For the thirty-six weeks, net sales were $152.4 million (down modestly from $155.1 million) and the net loss widened to $7.8 million from $6.6 million.
Despite lower sales, gross margin for the quarter improved to 23.1% from 20.5% as cost of products sold fell 12.5%, helped by pricing and some lower input costs, while SG&A declined slightly. Liquidity is pressured: cash was $333 thousand, the company had $6.0 million outstanding on its Wells Fargo revolver, and it violated quick ratio and net income covenants at quarter-end, which were subsequently waived.
Wells Fargo extended the $7.5 million revolving credit facility maturity to September 29, 2026 and then notified Bridgford it will not renew the line. Management is seeking a replacement facility and may need to rely on cash from operations and overfunded life insurance policies if one is not secured. Working capital was $35.0 million and net cash used in operating activities for the thirty-six weeks improved to $4.0 million from $5.6 million in the prior-year period.
Bridgford Foods reported another weak quarter, with net sales of $50,044 for the twelve weeks ended April 17, 2026, down 1.3% from the prior year. Gross margin compressed to 17.5% from 21.9% as meat costs rose and overhead increased, pushing the company to a net loss of $4,924 versus $3,860 a year earlier.
For the twenty‑four weeks, sales grew modestly to $105,356, but higher commodity, healthcare, insurance and repair costs drove a net loss of $5,767. Cash was only $830 at quarter‑end, and Bridgford relied more on debt, with total borrowings of $6,586 and covenant breaches on its Wells Fargo facilities that were waived. Subsequent to quarter‑end, it increased revolver borrowings to $6,000, leaving $1,500 available, underscoring ongoing liquidity pressure despite efforts to raise prices, grow private‑label volume and cut costs.
Bridgford Foods grew first‑quarter net sales to $55,312, up 5.3% from a year earlier, but remained unprofitable with a net loss of $843 and basic loss per share of $0.09. Gross margin slipped slightly to 24.2% as higher meat and freight costs pressured profitability.
Snack Food Products drove growth, with sales rising 7.7% to $40,957 on higher pricing that offset lower volumes. Frozen Food Products sales dipped 1.2% to $14,355, and margin there narrowed due to higher overhead. Operating loss improved to $1,233 from $2,012 as SG&A declined modestly.
Cash and cash equivalents increased to $4,813 from $876 at year‑end, and operating activities generated $4,269 of cash, helped by lower inventories and receivables. Working capital was $41,195 and total debt $3,482, including a $2,000 draw on a Wells Fargo revolving credit facility, under which the company had $5,500 available as of January 23, 2026. The company breached a net income loan covenant this quarter and a quick ratio covenant previously, but both were waived by the lender. Management highlights ongoing inflation, commodity volatility and customer concentration at Walmart and Dollar General as key risks while pursuing price increases, cost reductions and private‑label growth.
Bridgford Foods Corporation (BRID) reported continued operating losses in the thirty-six weeks ended July 11, 2025, with operating loss of $9.1 million versus $5.6 million a year earlier and a reported net loss of $1.637 million during the period shown. Current assets totaled $73.6 million compared with $78.0 million previously, while total liabilities increased to $31.2 million from $29.2 million. Cash and cash equivalents included $3.403 million held at Wells Fargo as of July 11, 2025, and the company had $10.230 million as of November 1, 2024 in earlier periods disclosed. The company borrowed $2.0 million under its revolving line of credit on May 20, 2025, which remained unpaid as of July 11, 2025, and the revolving facility allows borrowings up to $7.5 million through July 31, 2026.
Inventory reserves for lower net realizable value totaled $1.532 million as of July 11, 2025. Depreciation and amortization for the period was $4.459 million. Total debt disclosed included an equipment note balance of $4.068 million. The filing discloses customer concentration percentages and lease commitments with future minimum lease payments totaling $2.795 million.