TOFUTTI Announces Third Quarter and Nine Month Results: EPS of $0.04

TOFUTTI BRANDS INC. TOF today announced its results for the thirteen and thirty-nine week periods ended October 2, 2010. The Company reported net sales for the thirteen weeks ended October 2, 2010 of approximately $4.4 million compared with net sales of $4.7 million for the thirteen weeks ended September 26, 2009. Sales were negatively impacted in the thirteen weeks ended October 2, 2010 because of a significant decrease in sales in all frozen dessert categories. The decrease in frozen dessert sales was offset in part by continuing strong sales in cheese product categories. Net sales for the thirty-nine week period ended October 2, 2010 decreased to approximately $13.5 million from approximately $14.1 million for the thirty-nine week period ended September 26, 2009, also due to decreases in frozen dessert product sales. The Company recorded net income of $212,000 ($0.04 per share on a basic and diluted basis) for the thirteen weeks ended October 2, 2010 compared to a net loss of $42,000 ($0.01 per share on a basic and diluted basis) for the thirteen weeks ended July 3, 2010 and net income of $200,000 ($0.04 per share on a basic and diluted basis) for the thirteen weeks ended September 26, 2009.