Bridgford Foods Corp.: The Anaheim-based maker of...
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Bridgford Foods Corp.: The Anaheim-based maker of frozen bread dough, sandwiches for microwave ovens and other food products has reported a 12% increase in first-quarter earnings.
The Anaheim company had net income of $1 million in the quarter ended Jan. 31, equal to 11 cents per share, compared to $951,000, or 10 cents per share, for the same period a year ago. The per-share earnings reflect an adjustment for a 3-for-2 stock split that occurred Jan. 3.
Sales were $25.1 million, up 7% over the $23.5 million in last fiscal year’s first quarter.
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