Bridgford Foods Corporation announces improved results for first quarter.ANAHEIM Anaheim (ăn`əhīm), city (1990 pop. 266,406), Orange co., S Calif., SE of Los Angeles; inc. 1870. Anaheim was founded by Germans in 1857 as an experiment in communal living. , Calif.--(BUSINESS WIRE)--March 13, 1995-- Bridgford Foods Corporation Monday Monday: see week. announced record sales and improved operating results for the first quarter of its 1995 fiscal year. Sales for the quarter ended January January: see month. 27, 1995 were $28,504,586, a gain of less than 1% over the prior sales record set in the comparable quarter last year. Pretax income pretax income Reported income before the deduction of income taxes. Pretax income is sometimes considered a better measure of a firm's performance than aftertax income because taxes in one period may be influenced by activities in earlier periods. was $2,189,190, a 9% gain for the same period. Net income also increased by 9% to $1,357,190. Sales and income for the 13 weeks ended January 27, 1995 represent the 37th consecutive quarter that sales and income exceeded those of the same quarter of the previous year. Bridgford Foods Corporation, a producer of frozen bread dough, microwavable mi·cro·wave n. 1. A high-frequency electromagnetic wave, one millimeter to one meter in wavelength, intermediate between infrared and short-wave radio wavelengths. 2. Informal A microwave oven. tr.v. hamburgers, dry sausages, processed meats and other convenience food products, currently has 9,396,933 shares outstanding. -0-
BRIDGFORD FOODS CORPORATION
FINANCIAL HIGHLIGHTS
13 Weeks Ended
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Jan. 27, 1995 Jan. 28, 1994
Sales $ 28,504,586 $ 28,417,382 Income Before Taxes $ 2,189,190 $ 2,004,211 Provision For Taxes $ 832,000 $ 762,000 Net Income $ 1,357,190 $ 1,242,211 Net Income Per Share 14 cents 13 cents Avg Shares Outstanding 9,396,933 9,396,933 -0- CONTACT: Bridgford Foods, Anaheim, Calif. R.E. Schulze Schulze is a common German family name. It may refer to:
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