Tootie Pie Company March Same Store Sales Up 33%
SAN ANTONIO, April 5, 2012 /PRNewswire/ -- Tootie Pie Company, Inc. (OTCQB: TOOT) announced that March 2012 same-store sales for its Tootie Pie Gourmet Cafes were up 33% over March 2011. The Company also extended its consecutive sales increases to 29 months with sales increases in March.
"March marks the end of our fiscal year and it's great to finish the year strong," said Don Merrill, President & CEO. "Our aggressive growth model, featuring our Tootie Pie Gourmet Cafes, continues to meet or exceed our expectations as we head into a new year."
The Company currently owns and operates six Tootie Pie Gourmet Cafes in San Antonio, Austin, Fredericksburg and Dallas (Frisco), TX.
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 Cafes, 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 then resell them through their respective sales distribution channels. Tootie Pie Company is a public company traded on the OTCQB market under the symbol "TOOT." For additional information or to receive correspondence from Tootie Pie Company, please visit www.tootiepieco.com.
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 Company, Inc.
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