Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Shareholders held by Bridgford Foods Corporation on March 21, 2012, at its principal executive offices in Anaheim, California. The filing details the voting results for the election of directors and the ratification of the independent registered public accounting firm.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance events and shareholder voting outcomes.
Material Changes
No material financial changes or operational updates are disclosed in this filing. The document serves as a record of shareholder actions taken during the annual meeting.
Guidance, Outlook, and Management Commentary
There is no forward-looking guidance, management commentary on financial performance, or discussion of risks and contingencies in this specific filing. The text references a definitive proxy statement dated February 24, 2012, for detailed descriptions of the proposals.
Important Facts for Investors to Verify
- Shareholder Participation: 97% of shares entitled to vote (8,871,014 of 9,191,009) were present in person or by proxy.
- Director Election Results: All eight nominees were elected. Four directors (William L. Bridgford, Allan Bridgford Jr., Bruce H. Bridgford, John V. Simmons) received identical vote counts with 294,648 votes withheld. The other four directors received significantly fewer withheld votes (5,739 to 5,876).
- Accounting Firm Ratification: Shareholders approved the appointment of Squar, Milner, Peterson, Miranda & Williamson, LLP as the independent auditor for the fiscal year commencing October 29, 2011, with 8,835,539 votes for and only 4,326 against.
- Broker Non-Votes: There were 829,656 broker non-votes recorded for the director elections, but no broker non-votes for the auditor ratification.