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BRID / Bridgford Foods: Looking To Exploit The Disconnect

Bridgford Foods: Looking To Exploit The Disconnect
Bridgford Foods Corporation has made massive progress over the years, and thanks to the company's hidden value in real estate, fiscal 2022 was the firm's best year in its nearly 100-year history. In 2000, Bridgford Foods initiated a large 2 million share buyback due to perceived undervaluation, with only 120,000 shares currently remaining for repurchase. Due to the 2022 sale of a meat processing plant in downtown Chicago, purchased in 1975 for $500,000 and sold for $60,000,000, shareholders' equity increased by 68%, long-term debt fell from $36 million to $3.89 million, and cash increased from zero to $16 million. Read More
Posted: Jul 3 2023, 11:30
Author Name: Seeking Alpha
Views: 111737

BRID News  

Bridgford Foods: Distribution Network Expansion Resulting In Compounding Growth

By Seeking Alpha
September 26, 2023

Bridgford Foods: Distribution Network Expansion Resulting In Compounding Growth

Bridgford Foods Corporation is undervalued and has a solid balance sheet, making it a good investment despite macro headwinds. The company is focused more_horizontal

Bridgford Foods: Looking To Exploit The Disconnect

By Seeking Alpha
July 3, 2023

Bridgford Foods: Looking To Exploit The Disconnect

Bridgford Foods Corporation has made massive progress over the years, and thanks to the company's hidden value in real estate, fiscal 2022 was the fir more_horizontal

Bridgford Foods: Stable And Tested Business Model At A Cheap Valuation

By Seeking Alpha
November 28, 2022

Bridgford Foods: Stable And Tested Business Model At A Cheap Valuation

Bridgford Foods manufactures doughs, biscuits, sandwiches, beef jerky, snack, and deli foods. Considering large existing customers as well as the fact more_horizontal

Bridgford Foods Is Ready For Liftoff

By Seeking Alpha
July 10, 2022

Bridgford Foods Is Ready For Liftoff

The high relative strength of Bridgford stock is off the page. Real estate holdings are vast and not accurately reflected within the balance sheet. more_horizontal


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