2010 Annual Reports
Despite dramatic increases in the costs of key commodities, Bridgford Foods Corporation again achieved solid profitability in the 2010 fiscal year. Higher prices for grains, meats and petroleum products were offset by lower operating costs resulting from strategic changes implemented in recent years. Sales during our 2010 fiscal year were $117,655,000, a decrease of 4.1% from sales of $122,665,000 in 2009. The Company recorded a net profit of $4,319,000 in 2010, equal to $.46 per share. A one-time cash dividend of $.10 per share was declared by the Board of Directors on November 8, 2010.
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