Bridgford Foods (BRID) risk factors, FY2024 10-K

Bridgford Foods's FY2024 10-K, filed Jan 29, 2025, lists 13 risk factors. There is no earlier 10-K to compare against, so the most company-specific risks are listed below.

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Risk factors listed
130 groups
Section length
3k wordsItem 1A

Bridgford Foods's biggest risks in the FY2024 10-K

  • Heavy customer concentration with Wal-Mart and Dollar General drives revenue risk.
  • Raw material costs for pork, beef, and flour directly impact margins.
  • Family ownership controls approximately 80% of outstanding stock.

The risks most specific to Bridgford Foods

  • Fluctuations in commodity prices and the availability of raw materials could negatively impact our financial results

    Market price fluctuations for commodity pork, beef, and flour could negatively impact financial results.

  • We are subject to extensive government regulations and a failure to comply with such regulations could negatively impact our financial results

    Operations are subject to extensive inspection and regulation by the USDA, FDA, and other authorities.

  • We depend on our major customers and any loss of such customers could have a negative impact on our profitability

    Wal-Mart generated 27.8% of 2024 revenues and Dollar General generated 14.2% of 2024 revenues.

  • Disputes with labor unions could have an adverse impact on our operations and financial results

    Approximately 278 employees are covered by collective bargaining agreements, risking strikes or work stoppages.

  • With approximately 80% of our stock beneficially owned by the Bridgford family, there are risks that they can exert significant influence or control over our corporate matters

    The Bridgford family beneficially owns approximately 80% of outstanding stock and exerts significant control.

  • We participate in Multiemployer Pension Plans which could negatively impact our operations and profitability

    Participation in union-administered multiemployer pension plans could negatively impact operations and profitability.

All 13 risk factors

Headings as the filing states them, in filing order.

Other

  1. 01We are subject to general risks in the food industry, including, among other things, risk relating to changes in consumer preferences and product contamination as well as general economic conditions, any of which, if realized, could negatively impact our operating results and financial position
  2. 02Climate change and related climate change regulations, including with respect to greenhouse gas effects, may negatively affect our results of operations
  3. 03Increasing concern over climate change also may result in additional legal or regulatory requirements designed to manage greenhouse gas emissions, climate risks, and resulting environmental impacts. If such requirements are enacted, we could experience significant cost increases in our operations and supply chain
  4. 04Fluctuations in commodity prices and the availability of raw materials could negatively impact our financial results
  5. 05We are subject to extensive government regulations and a failure to comply with such regulations could negatively impact our financial results
  6. 06We depend on our key management, the loss of which could negatively impact our operations
  7. 07We depend on our major customers and any loss of such customers could have a negative impact on our profitability
  8. 08Labor shortages and increased turnover or increases in employee and employee-related costs could have adverse effects on our profitability
  9. 09Disputes with labor unions could have an adverse impact on our operations and financial results
  10. 10Our business and reputation could suffer if we experience security breaches and other disruptions to our information technology infrastructure
  11. 11With approximately 80% of our stock beneficially owned by the Bridgford family, there are risks that they can exert significant influence or control over our corporate matters
  12. 12We participate in Multiemployer Pension Plans which could negatively impact our operations and profitability
  13. 13Eminent domain and land risk regulations could negatively impact our financial results and financial position

Other Bridgford Foods 10-Ks

  • FY2025 10-K risk factors
    13 risks2 reworded

    Wal-Mart revenue concentration rose from 27.8% to 33.5% while its accounts receivable share dropped to 8.2%. Dollar General accounts receivable exposure increased from 20.2% to 28.8%. Unionized headcount grew from 278 to 293 employees.

    Filed Jan 28, 2026

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.