Bridgford Foods Corp. reported first-quarter net sales of 55.31 million, up 5% year over year, and posted a net loss of 0.84 million. Snack Food Products net sales rose 8% to 40.96 million, while Frozen Food Products net sales fell 1% to 14.36 million. Gross margin was 24% versus 25% a year earlier, and SG&A expense declined 2% to 14.62 million. Operating cash flow was 4.27 million, compared with cash used in the prior-year quarter, as inventory fell 4.46 million and accounts receivable decreased 1.89 million. The company said it has begun private-label production to lift volume and plans to reorganize its direct-store-delivery routes to cut costs.

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