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Bridgford Foods Corporation reported a net loss of $843K for Q1 2026, an improvement from a $1.1M loss in Q1 2025. Net sales increased 5.3% to $55.3M, driven by a 7.7% increase in the Snack Food Products segment to $41.0M, partially offset by a 1.2% decrease in the Frozen Food Products segment to $14.4M. Gross margin was $13.4M (24.2% margin), slightly down from 24.5% in the prior year quarter. Operating loss narrowed to $1.2M from $2.0M. The company generated positive operating cash flow of $4.3M, primarily from a $4.5M decrease in inventory and a $1.9M decrease in accounts receivable. Total assets were $144.6M with shareholders' equity of $114.7M. The company had a revolving credit facility balance of $2.0M with $6.5M available as of March 6, 2026.
EPS
-$0.09
Revenue
$55.3M
Net Income
-$843K
Gross Margin
24.2%
Gross Profit
$13.4M
Operating Income
-$1.2M