Thursday, May 20, 2010

TOFUTTI Announces First Quarter Results

"CRANFORD, N.J., May 18 /PRNewswire-FirstCall/ -- TOFUTTI BRANDS INC. (NYSE Amex: TOF) today announced its results for the thirteen week period ended April 3, 2010.
Financial Highlights for the Quarter

Revenues for the first quarter were approximately $4.6 million compared to $4.2 million in the first quarter of 2009.
Operating income in the first quarter was $475,000 compared to $253,000 in the first quarter of 2009.
Net income for the first quarter was $275,000 compared to $152,000 in the first quarter of 2009.

The Company reported net sales for the thirteen weeks ended April 3, 2010 of approximately $4.6 million compared with net sales of $4.2 million for the thirteen weeks ended March 28, 2009. The increase in net sales can be attributed to the improving economic climate. Sales of the Company's soy-cheese products improved while sales of its frozen dessert products maintained their 2009 levels."


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