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StockGuru Blog: Tootie Pie (TOOT) – Nothing to Impede Growth

TOOT UP AS MUCH AS 53% SINCE COVERAGE INITIATED

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As the region in which Tootie Pies are sold begin their preparations for Thanksgiving — it is easy to understand the appeal of a premium Tootie Pie. This is the time of year customers want premium high-quality pies for their families and friends. Too little time!

Tootie Pie has a product with virtually NO COMPETITION. They are well capitalized with a strong marketing department.

What we are seeing are repeat sales to existing wholesale and retail customers.

Each week and sometimes two and three times a week Tootie Pie announced new customers in their current wholesale market area of ten states and 12 distribution centers (versus 4 this time last year).

There is no question but that the new impressive results stemming from a recent emphasis on sales to multi-unit chains (10-20 locations) will enhance the bottom line of this company.

A nice purchase of Tootie Pie Equity might be the Christmas Gift That KEEPS ON GIVING!

We have searched for some reason for this company to stumble, to falter and find NONE. To the contrary we see huge potential for growth.

Check this out:

Revenues for the quarter ended September 30, 2007 increased 97% to $176,080 from $89,279 for the quarter ended September 30, 2006. Revenues for the six months ended September 30, 2007 increased 127% to $380,208 from $167,290 for the six months ended September 30, 2006.

Net losses were $154,291 for the quarter ended September 30, 2007 versus $134,018 for the quarter ended September 30, 2006 and $350,065 for the six months ended September 30, 2007 versus $222,007 for the six months ended September 30, 2006.

The net loss increase from the prior year quarter and period were principally due to managing growth in unit sales, maintaining and opening new market territories, additional food show fees and marketing expenses related to those territories, increases in customer support capabilities, hiring additional personnel in both the sales and administrative departments; as well as additional expenses incurred in the quarter ended September 30, 2007 related to being a public company.

Tootie Pie sold in excess of 4,700 pies for the month of October, 2007. This represents an approximately 180% increase over the 1,700 plus pies sold in October of 2006.

Website: www.tootiepieco.com

 

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