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TOFB Tofutti Brands

Tofutti Brands, Inc. engages in the development, production and marketing of non dairy frozen desserts and other food products. The company offers non dairy soy based products includes frozen desserts, nondairy cheeses and spreads, other frozen food products and various dry grocery products to gourmet shops, kosher supermarkets, natural/health food stores and national and regional supermarket chains. Its products are also free of cholesterol and derive their fat from soy and corn, both naturally lower in saturated fat than dairy products. The company was founded by David Mintz in August 1981 and is headquartered in Cranford, NJ.

Company profile

Ticker
TOFB
Exchange
Website
CEO
David Mintz
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
133094658

TOFB stock data

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Calendar

5 Apr 21
12 Apr 21
2 Jan 22
Quarter (USD)
Sep 20 Jun 20 Mar 20 Sep 19
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Annual (USD)
Dec 19 Dec 18 Dec 17 Dec 16
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Financial data from company earnings reports.

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders
Current Prev Q Change
Total holders 0 0
Opened positions 0 0
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 0
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Total value 0 0
Total shares 0 0
Total puts 0 0
Total calls 0 0
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Financial report summary

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Management Discussion
  • Net sales for the thirteen weeks ended September 26, 2020 were $3,152,000, an increase of $30,000, or 1%, from net sales of $3,122,000 for the thirteen weeks ended September 28, 2019. The slight increase is attributable to an increase in our frozen dessert and foods category sales. Frozen dessert and frozen food products sales increased by $129,000 to $497,000 in the thirteen weeks ended September 26, 2020 from $368,000 for the thirteen weeks ended September 28, 2019. Sales of vegan cheese products decreased slightly to $2,655,000 in the 2020 period from $2,754,000 in the 2019 period due to a decrease in our export cheese business. Sales of both our vegan cheese product line and our frozen dessert products were negatively impacted, particularly in our export business, by the restrictions imposed due to the COVID-19 coronavirus. Our export vegan cheese product sales were also negatively impacted by the bankruptcy of our UK distributor at the end of 2019.
Content analysis
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Legalese
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Readability
H.S. freshman Avg
New words: chosen, raw, recipient, reversal