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Tofutti Brands Inc   (TOFB)
Other Ticker:  
 
 
Price: $0.8375 $0.02 2.761%
Day's High: $0.8375 Week Perf: 4.69 %
Day's Low: $ 0.84 30 Day Perf: 11.67 %
Volume (M): 0 52 Wk High: $ 1.45
Volume (M$): $ 0 52 Wk Avg: $0.74
Open: $0.84 52 Wk Low: $0.51



 Market Capitalization (Millions $) 4,316
 Shares Outstanding (Millions) 5,154
 Employees -
 Revenues (TTM) (Millions $) 11
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Tofutti Brands Inc
Tofutti Brands Inc is a food company that specializes in creating dairy-free and vegan products. They offer a variety of plant-based alternatives to traditional dairy items like ice cream, cheese, and sour cream. Tofutti products are made from soy and other non-dairy ingredients, catering to individuals with lactose intolerance or those following a vegan diet. The company has been in operation since 1981 and has gained popularity among consumers looking for delicious and healthier dairy alternatives.


   Company Address: 50 Jackson Drive Cranford 7016 NJ
   Company Phone Number: 272-2400   Stock Exchange / Ticker: TOFB
   TOFB is expected to report next financial results on March 30, 2024.


   

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Tofutti Brands Inc

Tofutti Brands Inc Demonstrates Phenomenal Turnaround, Boosting Earnings per Share and Profit Margins

investor tracking the Food Processing sector, I couldn't help but notice the remarkable turnaround that Tofutti Brands Inc (Ticker: TBD) showcased during the third quarter of 2023. With its impressive financial results, including increased earnings per share (EPS) and net income, as well as improving profit margins, TBD has positioned itself as an attractive investment opportunity.
In terms of profitability, TBD experienced a significant improvement in its EPS performance. During the third quarter of 2023, the company reported a solid EPS of $0.02 per share, a remarkable rebound compared to $-0.04 per share a year prior. Additionally, TBD successfully transformed its earnings per share from a negative $-0.06 to a positive value during the period under review.

Tofutti Brands Inc

Tofutti Brands Inc Reports Promising Revenue Growth amidst Concerning Figures in Second Quarter of 2023

Tofutti Brands Inc, a prominent player in the Food Processing industry, recently released its financial report for the most recent fiscal period. The report shows some concerning figures, including an increased loss per share of $-0.06 compared to $-0.04 the previous year, as well as a sequential increase in loss from $-0.02 per share. However, there is a glimmer of hope as the revenue grew by 5.624%, reaching $2.67 million compared to $2.53 million in the same period a year ago. Additionally, the company experienced a significant revenue surge of 66.065% sequentially from $1.61 million.
Tofutti Brands Inc stands out among its peers in the Food Processing industry as their business advanced more significantly than their revenue growth. In the second quarter of 2023, most entities in the industry observed a business improvement of only 2.16% compared to the same quarter in 2022. This indicates that Tofutti Brands Inc has managed to outperform its competitors in terms of business growth.






 

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