Added to YB: 2025-06-12
Pitch date: 2025-06-11
BRID [neutral]
Bridgford Foods Corporation
+2.86%
current return
Author Info
Buggy Whip Bargains has their heads stuck in 10Ks and 10Qs of 'old world' businesses trading below tangible book value. Opinions expressed here are not recommendations or advice. Do your own research. Sign up for the newsletter.
Company Info
Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen and snack food products in the United States.
Market Cap
$71.2M
Pitch Price
$7.86
Price Target
N/A
Dividend
N/A
EV/EBITDA
-28.71
P/E
-9.63
EV/Sales
0.33
Sector
Food Products
Category
turnaround
The Deep Value Week – 2025/23 - Bridgford Foods Corporation
BRID (update - increasing liquidity risk): Q2 loss widened to $3.9m vs $2.2m YoY despite 7% sales growth to $50.6m. Gross margin fell to 21.9% from 22.7% due to meat cost inflation. Operating loss $3.2m, cash from ops -$5.4m. Cash down to $2.3m from $10.2m. Credit covenant breached (waiver secured). Liquidity risk rising.
Read full article (1 min)