Tofutti Brands Inc. (TOFB)
Tofutti Brands Inc. operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Edison, NJ, US. The stock last traded at $0.52, up 6.67% on the session, giving a market capitalisation of $2.7M. On trailing twelve-month figures it carries a trailing P/E of -2.76, a net margin of -13.1%. Its beta of 0.77 implies it has historically moved less than the broad market.
Tofutti Brands Inc. develops, produces, and markets a variety of plant-based, dairy-free frozen desserts, cheeses, and other food items under its well-known TOFUTTI brand. The company operates globally, with its products available in the United States, Europe, the Middle East, the Asia Pacific region, Africa, and beyond. Its extensive product line features frozen treats such as sandwiches, chocolate-coated crispy cones, and various bars. Additionally, Tofutti offers numerous vegan cheese alternatives, including cream cheese, sour cream, cheese slices, and ricotta substitutes, as well as spreads and frozen dishes like crepes. The company's sales model involves independent food brokers who connect with distributors, and it also sells directly to major retail chains or to warehouse accounts that service these chains. Tofutti Brands, Inc. was established in 1981 and is headquartered in Cranford, New Jersey.
Tofutti Brands Inc. is most often compared with the following Consumer Defensive names: