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.
