---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-017841"
form_type: "8-K"
ticker: "TOFB"
cik: "0000730349"
company_name: "TOFUTTI BRANDS INC"
filed_at: "2023-05-17T23:59:59+00:00"
generated_at: "2026-06-14T22:50:09.874065+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tofutti Brands Q1 sales down 28% to $2.49M; net loss of $0.02 per share vs profit $0.04 year ago

## Summary
- Net sales $2,490,000, down 28% YoY; vegan cheese fell to $2.1M, frozen desserts to $390k.
- Net loss of $102,000 ($0.02 per share) compared to net income of $205,000 ($0.04) in prior year.
- Gross profit decreased to $606,000 (24% margin) from $857,000 (25%) due to lower sales.
- Cash $418,000, working capital $3,554,000 at April 1, 2023 vs $1,072,000 cash and $3,625,000 working capital at Dec 31, 2022.
- CEO says production difficulties from 2022 resolved; expects improved revenues and profitability.

## SEC filing metadata
- accession: 0001493152-23-017841
- form_type: 8-K
- ticker: TOFB
- cik: 0000730349
- company_name: TOFUTTI BRANDS INC
- filed_at: 2023-05-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730349/000149315223017841/0001493152-23-017841-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730349/000149315223017841/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-017841
- JSON: https://secwatch.observer/filing/0001493152-23-017841.json
- Plain text: https://secwatch.observer/filing/0001493152-23-017841.txt

## Key facts
- Earnings Releases
  TOFUTTI BRANDS INC reported thirteen weeks ended April 1, 2023 results: revenue $2,490,000, net income $102,000, or $0.02 per share (basic and diluted), EPS $0.02 per share (basic and diluted).
  - Period: thirteen weeks ended April 1, 2023
  - Revenue: $2,490,000
  - Net income: $102,000, or $0.02 per share (basic and diluted)
  - EPS: $0.02 per share (basic and diluted)
  - Result: reported results
  source text: Tofutti Brands reported net sales for the thirteen weeks ended April 1, 2023 decreased by $973,000, or 28%, to $2,490,000, from net sales of $3,463,000 for the thirteen weeks ended April 2, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/730349/000149315223017841/0001493152-23-017841-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
