IRVINE, Calif., April 14, 2010 (GLOBE NEWSWIRE) — SectorWatch.biz announces the availability of a commentary of interest to investors in Tootie Pie Company, Inc. (OTCBB:TOOT) and other foodservice-related equities making news and driving markets today. Investors can view our free commentaries at: www.SectorWatch.biz – in association with Boardmark.com, a dynamic social networking site for investors.
Even in an otherwise turbulent economy, March retail sales posted the biggest single monthly gain on record, the seventh straight monthly improvement, signaling a distinct rebound in overall consumer spending, which fuels two-thirds of the economy.
A proven strategy of focused growth and healthy margins is hard to beat. And Tootie Pie is reaping the rewards of its focus on the bottom line with steadily increasing revenue and profits as its line of premium handmade pies gains popularity in restaurants, retail stores and its new Gourmet Cafés. Tootie Pie, which posted a 10% gain for January and February, recently reported a 27% gain for March versus March 2009. The company also logged about a 50% increase in revenues, helped by sales from its two higher-margin Gourmet Cafés.
A fact sheet on Tootie Pie Company, Inc. is available here: http://www.smallcapvoice.com/toot/factsheet.html
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 Cafés, in-store sales, orders via telephone and internet on the Company’s 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 thenresell them through their respective sales distribution channels. Tootie Pie Company is a public company traded on the OTC market under the symbol “TOOT.” For additional information or to receive correspondence from Tootie Pie Company, please visit www.tootiepieco.com.
Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. SectorWatch.biz is property of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company’s plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. The subject companies have not always approved the statements made in this report. This report is neither a solicitation to buy nor offer to sell securities but is for information purposes only and shouldn’t be used as a basis for any investment decision. MP isn’t an investment advisor, analyst or licensed broker/dealer and this report isn’t investment advice. MP has been paid fifteen $1,500 by SmallCapVoice for preparation and distribution of this report and other advertising services. This constitutes a conflict of interest as to MP’s ability to remain objective in communication regarding subject companies. To be featured in our publications please call the number below.
Shannon Squyres, Editor
Source: GlobeNewswire (April 14, 2010 – 8:01 AM EDT)