Tofutti Brands reported net sales for the thirteen
week period ended September 29, 2007 of $4.6 million, a decrease of
$332,000, or 7%, from the sales recorded for the thirteen weeks ended
September 30, 2006.
* Tofutti Brands reported net sales for the thirteen week period
ended September 29, 2007 of $4.6 million, a decrease of $332,000, or 7%,
from the sales recorded for the thirteen weeks ended September 30, 2006.
Net sales for the thirty-nine week period ended September 29, 2007
decreased 3% to $14.3 million compared with net sales of $15.1 million
for the thirty-nine week period ended September 30, 2006. The decline in
sales was caused by :he disruption arising from the closure of the
company's former frozen novelty manufacturing facility in early May
and the relocation of production to another facility. This required
Tofutti to postpone the shipment of some large orders that would have
been shipped in the second quarter and third quarters until later in the
third and fourth quarters. In addition, the company had to allocate
existing inventory of novelty products among all our customers, further
negatively impacting its sales for the period. David Mintz,
Tofutti's Chairman and Chief Executive Officer stated, "Our
shipments continued to be affected by the disruptions caused by our
transfer of novelty frozen dessert production to a new facility in the
late spring. We believe that we have substantially resolved the issues
concerning our production requirements and that our shipments will
return to prior levels in the fourth quarter."
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