Bridgford Foods has posted a first quarter sales increase owing to higher unit selling prices compared to the same period last year.
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The food producer brought in US$34.5m through fourth quarter sales – an increase of 2.9% compared to the prior year – but incurred a net loss of US$137,000 during the same period.
Bridgford said unit selling prices resulted in higher sales during the first quarter of 2006, and that while meat raw material costs declined slightly at the end of the 12 weeks, bakery ingredient costs increased substantially.
The company, a producer of frozen dough, microwaveable sandwiches, dry sausages and processed meats, currently has 9,998,000 shares of common stock outstanding.
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