BRIDGFORD FOODS CORP
AI Executive Summary
AI-powered analysis of 10-Q filing content
Bridgford Foods shows significant operational deterioration with substantial operating losses, declining gross margins, and concerning liquidity trends. Net loss increased to $5.8M for 24 weeks ended April 2026 vs $5.0M prior year, while gross margin compressed from 23.2% to 21.0%.
Red Flags Detected (6)
Operating losses of $7.1M for 24-week period vs $5.2M prior year - 36% worse
Gross margin compression from 23.2% to 21.0% indicating cost pressures
Net loss per share deteriorated to $(0.64) vs $(0.55) prior year
3 more red flags detected
Key Takeaways
Company facing operational losses with deteriorating gross margins
Liquidity concerns evident from increased payables and credit facility usage
2 more takeaways
Filing Overview
What This Means
High Risk Filing: This company is showing signs of financial stress or significant operational challenges.
Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.
Quarterly Report: Interim filing with unaudited financial data for the quarter.