990339 Bridgford Foods Announces Improved ResultsMarch 11, 1999Anaheim, CA - Bridgford Foods Corp. announced improved sales and operating results for the first quarter of its 1999 fiscal year. Sales for the quarter ended Jan. 29, 1999 reached a record high of $36,559,632, a gain of 3% over sales in the comparable quarter last year. Pretax income for the first quarter was $4,227,943, a 55% increase for the same period. Pretax income for the first quarter includes a $600,000 gain from the sale of property. Net income also increased 55% to $2,620,943. Bridgford Foods Corp., a producer of frozen bread dough, microwavable hamburgers, dry sausages, processed meats and other convenience food products, currently has 11,369,812 shares outstanding. This Article Compliments of...
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