Bridgford Foods Corporation (Nasdaq: BRID) Announces Results for the First Quarter...

Bridgford Foods Corporation (Nasdaq: BRID) Announces Results for the First Quarter of Fiscal Year 2008

ANAHEIM, Calif.--(Business Wire)--
Bridgford Foods Corporation (Nasdaq: BRID) today reported sales
for the first quarter (12 weeks) ended January 25, 2008 were
$31,319,000, a decrease of 3.1% compared to sales in the first twelve
weeks of the prior fiscal year. The Company reported a net loss of
$263,000 in the first quarter of fiscal year 2008, compared to net
income of $40,000 in the same quarter of fiscal year 2007.
Extraordinarily high commodity and fuel costs have reduced operating
margins in recent months and therefore the Company is increasing
prices to offset some of these expenses.

Bridgford Foods Corporation is a producer of frozen dough,
microwaveable sandwiches, dry sausages, processed meats and other
convenience food products.

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BRIDGFORD FOODS CORPORATION
FINANCIAL HIGHLIGHTS
(UNAUDITED)

12 Weeks Ended 12 Weeks Ended
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Jan 25, 2008 Jan 26, 2007

Sales $31,319,000 $32,314,000
Cost of sales $20,977,000 $21,556,000
Selling, general & administrative
expenses $10,025,000 $ 9,921,000
Depreciation $ 748,000 $ 782,000
(Loss) income before taxes $ (431,000) $ 55,000
Income tax (benefit) provision $ (168,000) $ 15,000
Net (loss) income $ (263,000) $ 40,000
Basic (loss) earnings per share $ (0.03) $ 0.00
Average shares outstanding 9,880,000 9,955,000
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Bridgford Foods Corporation
R. Lancy, 714/526-5533

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