Company News

Increased Sales for Vegan Cheese Company Tofutti

The vegan cheese company Tofutti has published its results for the 2017 financial year. The company’s net sales for the year totalled $14,1107,000, of which $704,000 was net income. This is an impressive increase over the previous financial year, when the company’s net income was $421,000.

Some of the company’s increased sales are thought to be due to the introduction of a new whipped cream cheese alternative, along with better distribution of its ricotta alternative. However, the results were not all good news for the company; sales of frozen foods and frozen desserts decreased compared to the previous year.

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