SAN ANTONIO — Tootie Pie Company, Inc (OTCBB:TOOT) announced that March 2010 unit sales jumped 27%, versus March, 2009.
Coming on the heels of a 10% gain for January and February, I am very
pleased with a 27% gain for March, said Don Merrill, President & CEO. We also
logged about a 50% increase in revenues, which were helped by sales from our two
new Gourmet Cafs.
We are experiencing sales increases across all of our selling channels and
are especially encouraged by our wholesale foodservice and grocery sales growth.
We continue to be very happy with the percentage of pie sales occurring in our
Tootie Pie Gourmet Caf, as those sales come at much higher retail profit
margins, Merrill added.
About Tootie Pie Co.
Tootie Pie Company bakes and sells high-quality, handmade pies through three
basic sales channels: retail, corporate and wholesale. The retail segment serves
individual customers through sales in its Tootie Pie Gourmet Cafs, in-store
sales, orders via telephone and internet on the Companys website. The corporate
segment serves businesses that purchase pies as a way to promote their company
through client and employee appreciation programs. The wholesale segment is made
up of national and regional broad line grocery and foodservice distributors who
purchase pies and then resell them through their respective sales distribution
channels. Tootie Pie Company is a public company traded on the NASDAQ OTC market
under the symbol TOOT. For additional information or to receive correspondence
from Tootie Pie Company, please visit www.tootiepieco.com.
Forward-Looking Statements
This press release may contain forward-looking statements. The words
“believe,” “expect,” “should,” “intend,” “estimate,” and “projects,” variations
of such words and similar expressions identify forward-looking statements, but
their absence does not mean that a statement is not a forward-looking statement.
These forward-looking statements are based upon the Company’s current
expectations and are subject to a number of risks, uncertainties and
assumptions. The Company undertakes no obligation to update any forward-looking
statements, whether as a result of new information, future events or otherwise.
Among the important factors that could cause actual results to differ
significantly from those expressed or implied by such forward-looking statements
are risks that are detailed in the Company’s filings, which are on file with the
U.S. Securities and Exchange Commission (SEC).
Source:
Tootie Pie Co.