Bridgford Foods FY26 Q3 net loss widens to $7.78 million; net sales drop 9.5% to $47.02 million
Reuters2026/08/24 21:04Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Bridgford Foods posted a net loss of $7.78 million for the 36 weeks ended July 10, 2026, widening from a $6.61 million loss.
- Net sales slipped 1.8% to $152.37 million, as a 10.2% drop in volume outweighed a 9.9% rise in selling price.
- Gross margin narrowed 0.6 percentage points to 21.7% as cost of products sold fell 1% to $119.36 million.
- Operating cash outflow improved to $3.97 million from $5.57 million, despite a $10.68 million inventory build and a $3.81 million receivables decline.
- Liquidity included $6 million drawn on a $7.5 million Wells Fargo revolver, with covenant breaches waived on Aug. 13, 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bridgford Foods Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-039892), on August 24, 2026, and is solely responsible for the information contained therein.
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