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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.

Ice Cream Reporter • Nov 20, 2007 • Last Licks

* 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."


COPYRIGHT 2007 Ice Cream Reporter Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.


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