BNET Industries

Bridgford Foods Corp.

(BRID) is in the Food Industry

Market Cap:$102.1M

Last Fiscal Year Sales:$120.9M

Public
US

Dow Jones Description

Bridgford Foods Corporation, a California corporation (collectively with its subsidiaries, the Company, we or our), was organized in 1952. The Company originally began its operations in 1932 as a retail meat market in San Diego, California, and evolved into a meat wholesaler for hotels and restaurants, a distributor of frozen food products, a processor and packer of meat and a manufacturer and distributor of frozen food products for sale on a retail and wholesale basis. For more than the past five years, the Company and its subsidiaries have been primarily engaged in the manufacturing, marketing and distribution of an extensive line of frozen, refrigerated and snack food products throughout the United States. The Company has not been involved in any bankruptcy, receivership or similar proceedings, nor has it been party to any merger, acquisition, etc. or acquired or disposed of any material amounts of assets during the past five years. Substantially all of the assets of the Company have been acquired in the ordinary course of business. The Company had no significant change in the type of products produced or distributed, nor in the markets or methods of distribution since the beginning of the fiscal year.

President, Bridgford Foods, California

Bruce Bridgford

Number of Employees 613

Contact Information

1308 N Patt St

Anaheim, California 92801-2551

bridgford.com

(714) 526-5533

Peer Companies

NAICS Code Rendering and Meat Byproduct Processing: 311613

Recent Events

Market Report -- In Play ()

11/13/09 - Stock Split / Dividend - View Story

News & Analysis

bridgford foods corp. and earnings - All News and Analysis

Bridgford Foods Corp. Earnings for 1999 Surpass Prior Records by 15%

- 1999-12-13

ANAHEIM, Calif.--BUSINESS WIRE--Dec. 13, 1999-- Bridgford Foods Corp. (NASDAQ:BRID) Monday announced the highest earnings in the company's 67 year history. Net income for the 52 weeks ended Oct. 29, 1999 exceeded the $10 million level for the first time and totaled $10,025,000. This represents a 15% gain over...

Tags: Bridgford Foods Corp., Business Wire, earnings, FINANCE, SALES
Bridgford Foods Corp. announces results for third quarter

- 1996-09-13

ANAHEIM, Calif.--BUSINESS WIRE--Sept. 13, 1996--Bridgford Foods Corp. on Friday announced improved sales but slightly lower earnings for the third quarter.Sales for the third quarter ended Aug. 2, 1996, increased 9 percent to $28,398,000 compared with the same period last year. Pretax and net income each decreased 7 percent compared with...

Tags: Bridgford Foods Corp., Business Wire, earnings, FINANCE, SALES
Bridgford Foods Corp. announces record sales and earnings for the 1995 fiscal year

- 1995-12-21

ANAHEIM, Calif.--BUSINESS WIRE--Dec. 21, 1995--Bridgford Foods Corp. (NASDAQ:BRID), for the 10th consecutive year, reported record high sales volume.Sales for the fiscal year (fifty-three weeks) ended Nov. 3, 1995 were $112,498,000, a three percent gain over the prior year (52 weeks). Net income reached a record high of $6,591,000 which...

Tags: Bridgford Foods Corp., Business Wire, earnings, Manufacturing, microwave, NETWORKING, SALES

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Decision Makers

Name (plus bio)	Position
Bruce Bridgford	President, Bridgford Foods, California
John V. Simmons	President
Robert E. Schulze	President
Raymond F. Lancy	Chief Financial Officer, Executive Vice President, Treasurer and Member
Daniel R. Yost	Senior Vice President, Frozen Foods Division
Chris Cole	Vice President
Cindy Cole	Vice President
Hugh Wm Bridgford	Vice President
Cindy Matthews	Assistant Secretary
D. Gregory Scott	Certified Public Accountant
Todd Andrews	Certified Public Accountant
William L. Bridgford	Principal Executive Officer
Cindy M Matthews-Morales	Secretary

Board of Directors

Name (plus bio)	Position
Hugh Wm	Vice President and Chairman
Allan L. Bridgford	Senior Chairman of the Board
Gregory D. Scott	Board of Directors
Paul R. Zippwald	Board of Directors
Richard A Foster	Board of Directors

Organization	Position	Status
Bridgford Foods Corporation	President, Bridgford Foods, California	Current
Bridgford Foods Corporation	Board of Directors	Current

Organization	Position	Status
Bridgford Foods Corporation	President	Current
Bridgford Foods Corporation	Vice President	Current
Bridgford Foods Corporation	Board of Directors	Current

Robert E. Schulze previously served the Company in several capacities over more than five years including President, Executive Vice President, Principal Financial Officer, Secretary and Treasurer. Mr. Schulze retired as an employee effective as of June 30, 2004.

Organization	Position	Status
Bridgford Foods Corporation	President	Current
Bridgford Foods Corporation	Director, Audit Committee and Compensation Committee Chairman	Current
Bridgford Foods Corporation	Board of Directors	Former

Raymond F. Lancy, age 55, has served as Treasurer of the Company for more than the past five years. He was elected Executive Officer in 2001 and Chief Financial Officer in 2003.

Organization	Position	Status
Bridgford Foods Corporation	Chief Financial Officer, Executive Vice President, Treasurer and Member	Current
Bridgford Distributing Co.	CFO	Current
Bridgford Foods Corporation	Board of Directors	Current
Bridgford Distributing Co.	Controller	Former

Organization	Position	Status
Bridgford Foods Corporation	Senior Vice President, Frozen Foods Division	Current

Organization	Position	Status
Bridgford Foods Corporation	Vice President	Current

Organization	Position	Status
Bridgford Foods Corporation	Vice President	Current

Organization	Position	Status
Bridgford Foods Corporation	Vice President and Chairman	Current

Organization	Position	Status
Bridgford Foods Corporation	Vice President	Current
Bridgford Foods Corporation	Director	Former

Organization	Position	Status
Bridgford Foods Corporation	Assistant Secretary	Current
Bridgford Foods Corporation	Secretary	Current

D. Gregory Scott is a Certified Public Accountant and currently serves as the Managing Director of Peak Holdings, LLC, an investment management company, based in Beverly Hills. Mr. Scott has been with Peak Holdings, LLC for more than the past five years. Peak Holdings and its affiliates own and manage in excess of 3 million square feet of office, retail and warehouse space throughout the United States.

Organization	Position	Status
Bridgford Foods Corporation	Certified Public Accountant	Current
Bridgford Foods Corporation	Board of Directors	Current

Todd C. Andrews is a Certified Public Accountant and currently serves as Vice President and Controller of Public Storage, Inc. headquartered in Glendale, California. Mr. Andrews has been with Public Storage, Inc. for more than the past five years. Mr. Andrews, a resident of Valencia, California, is a graduate of California State University, Northridge.

Organization	Position	Status
Bridgford Foods Corporation	Certified Public Accountant	Current
Bridgford Foods Corporation	Board of Directors	Current
Public Storage, Inc.	Vice President & Controller	Former
California State University		Former

William L. Bridgford was elected Chairman of the Board of Directors in March of 2006 and President of the Company in June of 2004. He previously served as Secretary of the Company for more than five years. Mr. Bridgford has been a full-time employee of the Company since 1981.

Organization	Position	Status
Bridgford Foods Corporation	Principal Executive Officer	Current
Bridgford Foods Corporation	Chairman of the Board and Principal Executive Officer	Current
Bridgford Foods Corporation	President & Secretary	Former

Allan L. Bridgford was elected Senior Chairman of the Board in March of 2006. He previously as Chairman of the Company for more than five years and has been a full-time employee of the Company since 1957. Mr. Bridgford has served as a member of the Executive Committee since 1972. Allan L. Bridgford reduced his work schedule to 80% in March of 2000 and 60% in March of 2005. Mr. Bridgford’s base compensation was reduced as a result of this reduced work schedule.

Organization	Position	Status
Bridgford Foods Corporation	Senior Chairman of the Board	Current

Organization	Position	Status
Bridgford Foods Corporation	Secretary	Current

Organization	Position	Status
Bridgford Foods Corporation	Board of Directors	Current

Paul R. Zippwald was Regional Vice President and Head of Commercial Banking for Bank of America NT&SA, North Orange County, California, for more than five years prior to his retirement in July 1992. Mr. Zippwald is currently retired.

Organization	Position	Status
Bridgford Foods Corporation	Board of Directors	Current

Richard A. Foster was President of Interstate Electronics Corporation, a wholly owned subsidiary of Figgie International, Inc., from 1979 until his retirement in 1991. Mr. Foster also served as Vice President of Figgie International, Inc. from 1986 to 1991.