Nature of Business: Manufacturer and distributor of refrigerated, frozen and snack food products. Employees Total: 560
In Orange County: 160 Stock Listed in the Times: on NASDAQ as "BrdgFs"
Ticker Symbol: "BRID" Friday's Close: $21.00 One-week Change: None Analyst Review: "This is a well-managed, family-run company. There are three generations of Bridgfords involved in the corporation, and they all have a terrific work ethic. Five years ago, sales were $54 million, this year it will be close to $100 million; net income was $628,000 five years ago, and if my projection is correct, they will earn about $4.5 million for fiscal 1991. As a consequence, the stock has been a rocket. It has had four three-for-two splits for each of the past four years. They have grown rapidly, and have done so with no balance sheet leverage, while still earning a very attractive return. If they earn that $4.5 million, they will earn something like 25% return on shareholder's equity, which is well-above the average." --Ron Strauss, analyst William Blair & Co., Chicago Sales and Profits Dollar amounts in millions.
3 Qtrs. Fiscal year ending '87 '88 '89 '90 FY '91 Sales $56.5 $60.2 $72.6 $84.3 $69.0 Profits $1.6 $2.7 $3.5 $3.9 $3.2