Bridgford Foods 2025 Q2 Earnings Misses Targets as Net Loss Widens 75.9%

Daily EarningsTuesday, Jun 3, 2025 3:05 am ET
4min read
Bridgford Foods (BRID) reported its fiscal 2025 Q2 earnings on Jun 02nd, 2025. Bridgford Foods fell short of expectations with a net loss of $3.86 million for Q2 2025, deepening from $2.19 million in Q2 2024. The company missed EPS targets as losses grew to $0.43 per share, compared to $0.24 the previous year. Despite this, revenue slightly exceeded estimates, reaching $50.64 million. Guidance remains in-line for the fiscal year, with revenue expected around $221 million. The company aims to achieve an EPS of -$0.20 for the upcoming quarter, reflecting ongoing adjustments.

Revenue

For the fiscal second quarter, Bridgford Foods saw a 7.0% increase in total revenue, reaching $50.64 million compared to $47.31 million in the same period last year. The Frozen Food Products segment contributed $13.31 million, while the Snack Food Products segment generated $37.33 million, showcasing growth across its product categories.

Earnings/Net Income

Bridgford Foods reported a wider loss per share, increasing from $0.24 in 2024 Q2 to $0.43 in 2025 Q2. The company’s net loss grew to $-3.86 million, marking a 75.9% increase from the previous year. These results indicate ongoing financial challenges for Bridgford Foods.

Price Action

The stock price of Bridgford Foods edged up 2.79% during the latest trading day, climbed 3.15% over the past week, and decreased 1.03% month-to-date.

Post-Earnings Price Action Review

Over the past three years, a strategy of buying Bridgford Foods stock following revenue increase announcements and holding for 30 days has yielded moderate returns, totaling a 46.5% gain. This strategy slightly lagged behind the S&P 500's 73% return during the same period, indicating moderate risk with consistent but below-average gains. Investors considering this approach should weigh its historical performance against broader market trends, recognizing the potential for steady returns despite underperformance relative to major indices. The strategy underscores Bridgford Foods' capacity to deliver moderate gains, even amid fluctuating earnings results.

CEO Commentary

In the recent earnings call, Bridgford Foods' CEO highlighted the company's ongoing challenges, noting a loss of $3.9 million for the fiscal second quarter, translating to an EPS of -$0.43, which fell short of expectations. The CEO emphasized the need to address operational inefficiencies and enhance product offerings to drive revenue growth, which reached $50.64 million, slightly above estimates. He articulated a strategic focus on improving supply chain management and expanding market presence to better position the company in a competitive landscape. The tone conveyed a cautious but determined outlook as the company works to recover from recent financial setbacks.

Guidance

Looking ahead, Bridgford Foods expects to maintain revenue in the range of approximately $221 million for the fiscal year, with a continued emphasis on managing costs effectively. The CEO provided guidance indicating that the company aims to achieve an EPS of around -$0.20 for the upcoming quarter, reflecting ongoing operational adjustments. The management remains committed to strategic investments in product innovation and market expansion as part of its long-term growth strategy, despite current challenges in profitability.

Additional News

In recent weeks, Bridgford Foods announced notable changes among its principal officers, signaling a strategic shift in executive leadership. The company is also exploring potential opportunities for strategic partnerships to enhance its market reach and product offerings. Additionally, Bridgford Foods is focused on addressing its liquidity and borrowing capacity, which has been impacted by recent financial pressures. These developments highlight the company's proactive approach to navigating current economic challenges and positioning itself for future growth. As Bridgford Foods undergoes these transitions, stakeholders are closely monitoring the company's strategic initiatives and their potential implications for long-term performance.

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