BRIDGFORD
FOODS CORPORATION FINANCIAL SUMMARY
| |
Fiscal
Year Ended
(in thousands) |
|
| |
November
1
2002 |
November
2
2001 |
%
Change |
| Net
sales |
$139,202 |
$152,464 |
(8.70%) |
| Income
before taxes |
22,271 |
10,072 |
(77.45%) |
| Net
income |
1,138 |
6,244 |
(81.77%) |
| Basic
earnings per share |
.11 |
59 |
(81.36%) |
| Cash
dividends per share |
.26 |
.28 |
(7.14%) |
| Working
capital |
34,613 |
38,025 |
(8.97%) |
| Total
assets |
77,182 |
81,238 |
(4.99%) |
| Shareholders'
equity |
54,390 |
57,335 |
(5.14%) |
| Return
on average equity |
2.09% |
11.00% |
- |
SELECTED
FINANCIAL DATA
| |
|
(in
thousands, except per share amounts) |
| |
|
Nov
1,
2002 |
|
Nov
2,
2001
(A) |
|
Nov
3,
2000
(A)(B) |
|
Oct
29,
1999
(A) |
| Net
Sales |
|
$139,202 |
|
$152,464 |
|
$152,764 |
|
$135,490 |
| Net
Income |
|
1,138 |
|
6,244 |
|
8,766 |
|
10,025 |
| Basic
Earnings Per Share |
|
.11 |
|
.59 |
|
.80 |
|
.88 |
| Current
Assets |
|
46,413 |
|
50,677 |
|
53,100 |
|
57,237 |
| Current
Liabilities |
|
11,800 |
|
12,652 |
|
14,631 |
|
13,477 |
| Working
Capital |
|
34,613 |
|
38,025 |
|
38,469 |
|
43,760 |
| Property,
Plant and Equip., Net |
|
19,030 |
|
19,471 |
|
18,964 |
|
17,765 |
| Deferred
Taxes on Income |
|
2,999 |
|
3,441 |
|
3,781 |
|
4,606 |
| Total
Assets |
|
77,182 |
|
81,238 |
|
82,681 |
|
85,469 |
| Shareholders'
Equity |
|
54,390 |
|
57,335 |
|
56,196 |
|
58,135 |
| Cash
Dividends Per Share |
|
.26 |
|
.28 |
|
.28 |
|
.24 |
| |
|
|
|
|
|
|
|
|
(A)
Reclassified to give effect to EITF 01-09.
(B) 53 weeks |
| |
|
|
|
|
|
|
|
|
(page
4)
|
