BRIDGFORD
FOODS CORPORATION FINANCIAL SUMMARY
| |
Fiscal
Year Ended
(in thousands) |
|
| |
October 31,
2003 |
November 1,
2002 |
%
Change |
| Net
sales |
$136,251 |
$139,202 |
(2.12%) |
| Income
before taxes |
1,951 |
2,271 |
(14.09%) |
| Net
income |
1,210 |
1,138 |
6.33% |
| Basic
earnings per share |
.12 |
.11 |
9.09% |
| Cash
dividends per share |
.16 |
.26 |
(38.46%) |
| Working
capital |
33,197 |
34,613 |
(4.09%) |
| Total
assets |
75,927 |
77,182 |
(1.63%) |
| Shareholders'
equity |
52,333 |
54,390 |
(3.78%) |
| Return
on average equity |
2.31% |
2.09% |
10.51% |
SELECTED
FINANCIAL DATA
| |
|
(in
thousands, except per share amounts) |
| |
|
Oct 31,
2003 |
|
Nov 1,
2002 |
|
Nov 2,
2001
(A) |
|
Nov 3,
2000
(A)(B) |
| Net
Sales |
|
$136,251 |
|
$139,202 |
|
$152,464 |
|
$152,764 |
| Net
Income |
|
1,210 |
|
1,138 |
|
6,244 |
|
8,766 |
| Basic
Earnings Per Share |
|
.12 |
|
.11 |
|
.59 |
|
.80 |
| Current
Assets |
|
45,686 |
|
46,413 |
|
50,677 |
|
53,100 |
| Current
Liabilities |
|
12,486 |
|
11,800 |
|
12,652 |
|
14,631 |
| Working
Capital |
|
33,197 |
|
34,613 |
|
38,025 |
|
38,469 |
| Property,
Plant and Equip., Net |
|
17,735 |
|
19,030 |
|
19,471 |
|
18,964 |
| Total
Assets |
|
75,927 |
|
77,182 |
|
81,238 |
|
82,681 |
| Shareholders'
Equity |
|
52,333 |
|
54,390 |
|
57,335 |
|
56,196 |
| Cash
Dividends Per Share |
|
.16 |
|
.26 |
|
.28 |
|
.28 |
| |
|
|
|
|
|
|
|
|
(A)
Reclassified to give effect to EITF 01-09.
(B) 53 weeks |
| |
|
|
|
|
|
|
|
|
(page
4)
|