Tofutti Brands, Inc. Reports Earnings Results for the Second Quarter Ended July 3, 2021
August 18, 2021 at 02:07 am IST
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Tofutti Brands, Inc. announced earnings results for the second quarter ended July 3, 2021. For the second quarter, the company announced sales was USD 3.027 million compared to USD 3.243 million a year ago. Net income was USD 28,000 compared to USD 140,000 a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0.03 a year ago. For the half year, sales was USD 6.177 million compared to USD 6.469 million a year ago. Net income was USD 108,000 compared to USD 190,000 a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.04 a year ago.
Tofutti Brands Inc. is engaged in the development, production and marketing of plant-based, dairy-free frozen desserts, cheeses and other food products. The Company's TOFUTTI brand products are vegan, dairy-free products that contain no butterfat, cholesterol or lactose and use soy and other vegetable proteins. The Company's dairy-free vegan cheese products include BETTER THAN CREAM CHEESE, TOFUTTI WHIPPED BETTER THAN CREAM CHEESE, BETTER THAN SOUR CREAM, TOFUTTI AMERICAN VEGAN CHEESE SLICES and BETTER THAN RICOTTA CHEESE. Its frozen desserts include TOFUTTI and TOFUTTI CUTIES. The Company sells products in the United States, including Atlanta, Baltimore, Boston, Charlotte, Chicago, Cincinnati, Cleveland, Dallas, Denver, Detroit, Houston, Jacksonville, Kansas City, Los Angeles, Miami, Milwaukee, Minneapolis, Nashville, New York, Orlando, Philadelphia, Phoenix, Portland, Richmond, Salt Lake City, San Diego, San Francisco, Seattle, St. Louis, Tampa and Washington.