Oct. 4 at 4:12 PM
$BRID Last year in q4 they were able to generate an operating profit of
$600K. Given that their performance has been worse yoy I would expect a breakeven q4. This leaves us with an expected full year loss of around
$9 million.
Higher revenue has sacrificed margin and ultimately produced increased losses. Given that the private labeling hasn’t resulted in a double digit percentage increase in sales I would expect 2026 to be roughly in line with 2025 unless something dramatic happens with beefs prices.