Tofutti

TOFUTTI ANNOUNCES RESULTS FOR THE FISCAL YEAR ENDED DECEMBER 30, 2023

Retrieved on: 
Wednesday, April 3, 2024

Cranford, New Jersey, April 03, 2024 (GLOBE NEWSWIRE) -- TOFUTTI BRANDS INC. (OTCQX Symbol: TOFB) issued its results for the fiscal year ended December 30, 2023 today.

Key Points: 
  • Cranford, New Jersey, April 03, 2024 (GLOBE NEWSWIRE) -- TOFUTTI BRANDS INC. (OTCQX Symbol: TOFB) issued its results for the fiscal year ended December 30, 2023 today.
  • Sales of plant based cheese products also decreased to $8,564,000 in the fiscal year ended December 30, 2023 from $10,951,000 in the fiscal year ended December 31, 2022.
  • Our gross profit for the year ended December 30, 2023 increased by $455,000 to $2,797,000 from $2,342,000 for the fiscal year ended December 31, 2022.
  • Our gross profit percentage for the fiscal year ended December 30, 2023 was 28% compared to 18% for the fiscal year ended December 31, 2022.

TOFUTTI ANNOUNCES RESULTS FOR THIRTEEN AND TWENTY-SIX WEEKS ENDED JULY 1, 2023

Retrieved on: 
Wednesday, August 16, 2023

Tofutti Brands reported net sales for the thirteen weeks ended July 1, 2023 decreased by $260,000, or 9%, to $2,719,000, from net sales of $2,979,000 for the thirteen weeks ended July 2, 2022.

Key Points: 
  • Tofutti Brands reported net sales for the thirteen weeks ended July 1, 2023 decreased by $260,000, or 9%, to $2,719,000, from net sales of $2,979,000 for the thirteen weeks ended July 2, 2022.
  • Sales of our vegan cheese products decreased to $2,283,000 for the thirteen weeks ended July 1, 2023 from $2,526,000 for the thirteen weeks ended July 2, 2022.
  • Sales of our frozen dessert products decreased to $436,000 in the thirteen weeks ended July 1, 2023 from $453,000 for the thirteen weeks ended July 2, 2022.
  • Our gross profit increased to $667,000 in the thirteen week period ended July 1, 2023 from $525,000 in the thirteen week period ended July 2, 2022.

Tofutti Adds Smoked Cream Cheese Flavor

Retrieved on: 
Tuesday, May 30, 2023

Cranford, New Jersey, May 30, 2023 (GLOBE NEWSWIRE) -- Tofutti Brands, Inc. (OTCQX Symbol: TOFB) is expanding its line of dairy-free cream cheeses by introducing a new flavor, Better Than Cream Cheese Smoked.

Key Points: 
  • Cranford, New Jersey, May 30, 2023 (GLOBE NEWSWIRE) -- Tofutti Brands, Inc. (OTCQX Symbol: TOFB) is expanding its line of dairy-free cream cheeses by introducing a new flavor, Better Than Cream Cheese Smoked.
  • Smoking cream cheese has gained a cult following since becoming popular on social media last year, highlighting America’s hankering for smoked foods.
  • Better Than Cream Cheese Smoked joins the company’s current flavors Plain, Whipped Plain, Garlic & Herb, and Herbs & Chive.
  • A combination of natural smoke flavors and bits of plant-based jerky give Better Than Cream Cheese Smoked its smoky flavor.

TOFUTTI ANNOUNCES RESULTS FOR THIRTEEN WEEKS ENDED APRIL 1, 2023

Retrieved on: 
Tuesday, May 16, 2023

Cranford, New Jersey, May 16, 2023 (GLOBE NEWSWIRE) -- TOFUTTI BRANDS INC. (OTCQX Symbol: TOFB) issued its results for the thirteen weeks ended April 1, 2023 today.

Key Points: 
  • Cranford, New Jersey, May 16, 2023 (GLOBE NEWSWIRE) -- TOFUTTI BRANDS INC. (OTCQX Symbol: TOFB) issued its results for the thirteen weeks ended April 1, 2023 today.
  • Tofutti Brands reported net sales for the thirteen weeks ended April 1, 2023 decreased by $973,000, or 28%, to $2,490,000, from net sales of $3,463,000 for the thirteen weeks ended April 2, 2022.
  • Sales of our vegan cheese products decreased to $2,100,000 for the thirteen weeks ended April 1, 2023 from $2,916,000 for the thirteen weeks ended April 2, 2022 due to the timing of cheese promotions this year.
  • Sales of our frozen dessert products decreased to $390,000 in the thirteen weeks ended April 1, 2023 from $547,000 for the thirteen weeks ended April 2, 2022.

TOFUTTI ANNOUNCES RESULTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2022

Retrieved on: 
Friday, March 31, 2023

Cranford, New Jersey, March 31, 2023 (GLOBE NEWSWIRE) -- TOFUTTI BRANDS INC. (OTCQX Symbol: TOFB) issued its results for the fiscal year ended December 31, 2022 today.

Key Points: 
  • Cranford, New Jersey, March 31, 2023 (GLOBE NEWSWIRE) -- TOFUTTI BRANDS INC. (OTCQX Symbol: TOFB) issued its results for the fiscal year ended December 31, 2022 today.
  • Sales of our frozen dessert and frozen food product lines increased slightly to $1,876,000 in the fiscal year ended December 31, 2022 from $1,829,000 in fiscal 2021.
  • Sales of vegan cheese products also increased slightly to $10,951,000 in the fiscal year ended December 31, 2022 from $10,761,000 in the fiscal year ended January 1, 2022.
  • Our gross profit for the year ended December 31, 2022 decreased by $1,000,000 to $2,342,000 from $3,342,000 for the fiscal year ended January 1, 2022 and our gross profit percentage for the fiscal year ended December 31, 2022 was 18% compared to 27% for the fiscal year ended January 1, 2022.

TOFUTTI BRANDS, INC. JOINS VEGANUARY MOVEMENT

Retrieved on: 
Wednesday, December 28, 2022

Cranford, New Jersey, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Tofutti Brands, Inc. (OTCQX Symbol: TOFB) joins the growing list of companies participating in Veganuary.

Key Points: 
  • Cranford, New Jersey, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Tofutti Brands, Inc. (OTCQX Symbol: TOFB) joins the growing list of companies participating in Veganuary.
  • Veganuary is a global movement to encourage individuals to reduce consumption of animal products or to go completely vegan for the entire month of January.
  • In August, Tofutti, which has been producing dairy-free foods since 1981, debuted new packaging promoting its products as plant-based and vegan.
  • The United States ranked number one in participation in Veganuary in 2021, edging out the United Kingdom, where the movement originated.

TOFUTTI ANNOUNCES RESULTS FOR THIRTEEN AND THIRTY-NINE WEEKS ENDED OCTOBER 1, 2022

Retrieved on: 
Tuesday, November 15, 2022

Cranford, New Jersey, Nov. 15, 2022 (GLOBE NEWSWIRE) -- TOFUTTI BRANDS INC. (OTCQX Symbol: TOFB) issued its results for the thirteen and thirty-nine weeks ended October 1, 2022 today.

Key Points: 
  • Cranford, New Jersey, Nov. 15, 2022 (GLOBE NEWSWIRE) -- TOFUTTI BRANDS INC. (OTCQX Symbol: TOFB) issued its results for the thirteen and thirty-nine weeks ended October 1, 2022 today.
  • Tofutti Brands reported net sales of $2,896,000 for the thirteen weeks ended October 1, 2022 compared to net sales of $3,356,000 for the thirteen weeks ended October 2, 2021.
  • Sales of our frozen dessert and frozen food products, which consist primarily of frozen dessert products, increased slightly to $562,000 in the thirteen weeks ended October 1, 2022 from $540,000 for the thirteen weeks ended October 2, 2021.
  • Our gross profit decreased significantly to $427,000 for the thirteen weeks ended October 1, 2022 from $818,000 for the thirteen weeks ended October 2, 2021, due partially to the reduction in sales.

TOFUTTI BRANDS, INC. UNVEILS NEW PACKAGING, PROCLAIMS VEGAN

Retrieved on: 
Wednesday, August 17, 2022

We want consumers to recognize all Tofutti products as Tofutti products, said Steve Kass, Chief Executive Officer.

Key Points: 
  • We want consumers to recognize all Tofutti products as Tofutti products, said Steve Kass, Chief Executive Officer.
  • Adding vegan will make our current customers happy and act as a bullhorn for attracting new, like-minded consumers a new vegan is born every day!
  • Tofutti started as a Kosher Parve brand, its part of who we are, well always be that too, he assured, But now we shout vegan.
  • Founded in 1981 in Manhattan, Tofutti Brands Inc. develops and distributes a complete line of plant-based, dairy-free, vegan products.

TOFUTTI ANNOUNCES RESULTS FOR THIRTEEN AND TWENTY-SIX WEEKS ENDED JULY 2, 2022

Retrieved on: 
Tuesday, August 16, 2022

Tofutti Brands reported net sales of $2,979,000 for the thirteen weeks ended July 2, 2022 compared to net sales of $3,027,000 for the thirteen weeks ended July 3, 2021.

Key Points: 
  • Tofutti Brands reported net sales of $2,979,000 for the thirteen weeks ended July 2, 2022 compared to net sales of $3,027,000 for the thirteen weeks ended July 3, 2021.
  • Sales of our vegan cheese products increased slightly to $2,526,000 in the thirteen weeks ended July 2, 2022 from $2,497,000 in the thirteen weeks ended July 3, 2021.
  • Sales of our frozen dessert and frozen food products, which consist primarily of frozen dessert products, decreased to $453,000 in the thirteen weeks ended July 2, 2022 from $530,000 for the thirteen weeks ended July 3, 2021.
  • Our gross profit decreased significantly to $525,000 for the thirteen weeks ended July 2, 2022 from $758,000 for the thirteen weeks ended July 3, 2021.

TOFUTTI ANNOUNCES RESULTS FOR THIRTEEN WEEKS ENDED APRIL 2, 2022

Retrieved on: 
Tuesday, May 17, 2022

Cranford, New Jersey, May 17, 2022 (GLOBE NEWSWIRE) -- TOFUTTI BRANDS INC. (OTCQX Symbol: TOFB) issued its results for the thirteen weeks ended April 2, 2022 today.

Key Points: 
  • Cranford, New Jersey, May 17, 2022 (GLOBE NEWSWIRE) -- TOFUTTI BRANDS INC. (OTCQX Symbol: TOFB) issued its results for the thirteen weeks ended April 2, 2022 today.
  • Tofutti Brands reported net sales for the thirteen weeks ended April 2, 2022 increased by $313,000, or 10%, to $3,463,000, from net sales of $3,150,000 for the thirteen weeks ended April 3, 2021.
  • Sales of our frozen dessert and frozen food products, which consist primarily of frozen dessert products, increased to $547,000 in the thirteen weeks ended April 2, 2022 from $430,000 for the thirteen weeks ended April 3, 2021.
  • We had net income of $205,000, or $0.04 per share (basic and diluted), for the thirteen weeks ended April 2, 2022, compared to net income of $80,000, or $0.02 (basic and diluted) per share, for the thirteen weeks ended April 3, 2021.