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Bridgford Foods (Bridgford Foods) Net Income : $2.1 Mil (TTM As of Jan. 2024)


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What is Bridgford Foods Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Bridgford Foods's Net Income for the three months ended in Jan. 2024 was $1.2 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was $2.1 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Bridgford Foods's Earnings per Share (Diluted) for the three months ended in Jan. 2024 was $0.14.


Bridgford Foods Net Income Historical Data

The historical data trend for Bridgford Foods's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bridgford Foods Net Income Chart

Bridgford Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.48 7.32 -5.50 45.07 3.47

Bridgford Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.15 0.68 - 1.24

Bridgford Foods Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Bridgford Foods's Net Income for the fiscal year that ended in Oct. 2023 is calculated as

Net Income(A: Oct. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=4.495+-1.021+0+0
=3.5

Bridgford Foods's Net Income for the quarter that ended in Jan. 2024 is calculated as

Net Income(Q: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.745+-0.51+0+0
=1.2

Net Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bridgford Foods  (NAS:BRID) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Bridgford Foods's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Bridgford Foods Net Income Related Terms

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Bridgford Foods (Bridgford Foods) Business Description

Traded in Other Exchanges
N/A
Address
1707 South Good-Latimer Expressway, Dallas, TX, USA, 75226
Bridgford Foods Corp manufactures, markets, and distributes frozen and snack food products in the United States. The business segments are processing and distribution of frozen products, and processing and distribution of snack food products. It includes products such as biscuits, bread dough items, roll dough items, dry sausage products, and beef jerky. The company offers frozen food products to the foodservice and retail customers through wholesalers, cooperatives, and distributors; and snack food items to supermarkets, and mass merchandise and convenience retail stores through customer-owned distribution centers, as well as a direct store delivery network. It derives a majority of its revenue from snack food products.
Executives
Richard Eugene Bridgford other: VP, Ind. Relations & Safety 170 N GREEN ST, CHICAGO IL 60607
Brian E. Bridgford other: V.P. Production 170 N. GREEN STREET, CHICAGO IL 60661
Juan Luis Silva other: V.P. Plant Superintendent 3414 STONE CREEK DR, JOLIET IL 60435
Allan Jr. Bridgford director 515 MARGUERITE AVENUE, CORONA DEL MAR CA 92625
Dennis Gregory Scott director 9595 WILSHIRE BLVD., SUITE 710, BEVERLY HILLS CA 90212
Baron Bridgford other: President, BFI. P.O. BOX 3773, ANAHEIM CA 92803
Christopher William Cole other: Senior Vice President 1415 W. 44TH STREET, CHICAGO IL 60609
Bridgford Baron R.h. Ii officer: President 1415 W. 44TH STREET, CHICAGO IL 60609
Cindy Matthews-morales officer: CFO, Secretary 1308 N. PATT STREET, ANAHEIM CA 92801
Michael W. Bridgford officer: Chairman of the Board 1308 N. PATT STREET, ANAHEIM CA 92801
Mary S Schott director 2990 AIRWAY AVENUE, BUILDING A, COSTA MESA CA 92626
Debra Aileen Dealcuaz other: Treasurer, Bridgford Indust. 6432 CONNIE LANE, ROCKWALL TX 75032
Bruce Bridgford director P.O. BOX 3773, ANAHEIM CA 92803
William L Bridgford director, officer: Chairman P.O. BOX 3773, ANAHEIM CA 92803
Raymond F. Lancy director, officer: CFO, TREAS, ASST SEC 1308 N. PATT ST.,, ANAHEIM CA 92801

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