Bridgford Foods Corp. Announces Results for First Quarter.

Business Editors

ANAHEIM, Calif.--(BUSINESS WIRE)--March 8, 2004

Bridgford Foods Corp. (Nasdaq:BRID) today reported that sales for the first quarter (12 weeks) ended Jan. 23, 2004 were $35,322,000, an increase of 8.9% compared to sales in the first 12 weeks of the prior fiscal year. The Company incurred a loss of $138,000 in the first quarter of 2004, 9.8% less than the loss recorded in the same period a year ago.

The increase in sales in the first quarter is primarily attributable to higher unit sales volume, however, continuing high costs for meat commodities and competitive pressure on selling prices limited the improvement in operating results.

Bridgford Foods Corp., a producer of frozen dough, microwaveable sandwiches, dry sausages, processed meats and other convenience food products, currently has 10,255,000 shares of common stock outstanding as of Jan. 23, 2004.

                      BRIDGFORD FOODS CORPORATION
                         FINANCIAL HIGHLIGHTS

                                       12 Weeks Ended  12 Weeks Ended

                                        Jan. 23, 2004   Jan. 24, 2003

Sales                                     $35,322,000     $32,445,000
Cost of sales                             $23,866,000     $21,158,000
Selling, general & administrative
 expenses                                 $10,664,000     $10,542,000
Depreciation                              $ 1,014,000     $   991,000
Income/(loss) before taxes                $  (222,000)    $  (246,000)
Income tax provision/(benefit)            $  ( 84,000)    $  ( 93,000)
Net income/(loss)                         $  (138,000)    $  (153,000)
Basic earnings/(loss) per share           $     (0.01)    $     (0.01)
Average shares outstanding                 10,265,000      10,448,000