TOFB Tofutti Brands Dashboard

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

NASDAQ

Website

www.tofutti.com

CEO

David Mintz

Incorporated

Delaware

Location

New Jersey

Fiscal year end

Jan 01

Sector

Manufacturing > Ice Cream and Frozen Dessert Manufacturing

Industry (SIC)

Ice Cream & Frozen Desserts

SEC CIK

0000730349

Corporate docs

Articles of Incorporation & Bylaws

IRS number

133094658

TOFB stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

24 May 21

29 Jul 21

1 Jan 22

Financial summary

Financial statements Chart TOFB financial data

Quarter (USD)	Apr 21	Jan 21	Sep 20	Jun 20
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Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 21	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
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Cash on hand
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Diluted EPS

Financial data from company earnings reports.

Institutional ownership Q3 2019

TOFB institutional ownership history Ownership history

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

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Net sales for the thirteen weeks ended April 3, 2021 decreased by $76,000, or 2%, to $3,150,000, from net sales of $3,226,000 for the thirteen weeks ended March 28, 2020. Sales of our frozen dessert and frozen food products, which consist primarily of frozen dessert products, increased slightly to $430,000 in the thirteen weeks ended April 3, 2021 from $412,000 for the thirteen weeks ended March 28, 2020. Sales of our vegan cheese products decreased to $2,720,000 in the 2021 period from $2,814,000 in the 2021 period due to a decline in vegan cheese slice product sales resulting from production delays.
Our gross profit increased slightly to $1,001,000 in the period ended April 3, 2021 from $996,000 in the period ended March 28, 2020. Our gross profit percentage was 32% for the period ending April 3, 2021 compared to 31% for the period ending March 28, 2020.
Freight out expense, a significant part of our cost of sales, decreased by $16,000, or 7%, to $227,000 for the thirteen weeks ended April 3, 2021 compared with $243,000 for the thirteen weeks March 28, 2020. Freight out expense decreased due to the slight decrease in sales. Freight out expense was 7% of sales for the thirteen weeks ended April 3, 2021 compared to 8% of sales for the thirteen weeks ended March 28, 2020. We anticipate that freight out expense will continue at the same percentage of sales over the remainder of 2021.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

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From filing 10-Q 2022 Q1