Tofutti net loss widens to $373,000 in FY26 H1; net sales fall 8% to $3.35 million
TOFB•Co-packing agreement secured
The company said it secured a new co-packing agreement starting September 15, 2026 and believes it has sufficient inventory until then.
First-half results weaken on lower sales
Tofutti Brands posted a net loss of $373,000 for the 26 weeks ended June 27, 2026, widening from a loss of $169,000.
Net sales fell 8% to $3.35 million, driven by a decline in vegan cheese sales to $2.92 million.
Margins, cash and operations under pressure
Gross profit margin narrowed by 5 percentage points to 28%, affected by higher ingredient and packaging costs tied to tariffs as well as a jump in oil prices.
Cash at June 27, 2026 fell to about $121,000; negative operating cash flow widened to $218,000.
