Bridgford Foods Corporation Announces Improved Results for Third Quarter.

ANAHEIM, Calif. -- Bridgford Foods Corporation (Nasdaq:BRID) today reported sales for the third quarter (12 weeks) ended July 7, 2006 of $28,169,000, an increase of 1.9% compared to sales in the third twelve weeks of the prior fiscal year. The Company reported net income of $224,000 in the third quarter of 2006 compared to a net income of $243,000 in the same quarter of 2005.

Sales for the first thirty-six weeks of the 2006 fiscal year were $91,049,000, a 2.3% increase compared to the same period in 2005. The Company reported net income of $158,000 in the first thirty-six weeks of 2006 compared to a net loss of $603,000 in the first thirty-six weeks of last year. The gross margin increased on a comparative basis due primarily to higher unit selling prices, a more profitable product mix and lower meat commodity costs.

Bridgford Foods Corporation is a producer of frozen dough, microwaveable and shelf-stable sandwiches, dry sausages, processed meats and other convenience food products.

BRIDGFORD FOODS CORPORATION
                         FINANCIAL HIGHLIGHTS
                              (UNAUDITED)

                                       12 Weeks Ended  12 Weeks Ended
                                       --------------- ---------------
                                        July 7, 2006    July 8, 2005

Sales                                    $ 28,169,000    $ 27,656,000
Cost of sales                            $ 17,024,000    $ 17,241,000
Selling, general & administrative
 expenses                                $ 10,019,000    $  9,321,000
Depreciation                             $    892,000    $  1,028,000
Income before taxes                      $    234,000    $     66,000
Income tax provision (benefit)           $     10,000    $   (177,000)
Net income                               $    224,000    $    243,000
Basic income per share                   $       0.02    $       0.03
Average shares outstanding                  9,964,000       9,994,000


                                       36 Weeks Ended   36 Weeks Ended
                                       --------------- ---------------
                                        July 7, 2006    July 8, 2005

Sales                                    $ 91,049,000    $ 88,961,000
Cost of sales                            $ 58,087,000    $ 57,672,000
Selling, general & administrative
 expenses                                $ 30,230,000    $ 29,503,000
Depreciation                             $  2,676,000    $  3,085,000
Gain on sale of equity securities        $   (106,000)             --
Income (loss) before taxes               $    162,000    $ (1,299,000)
Income tax provision (benefit)           $      4,000    $   (696,000)
Net income (loss)                        $    158,000    $   (603,000)
Basic income (loss) per share            $       0.02    $      (0.06)
Average shares outstanding                  9,968,000       9,998,000