SOURCE: IO News Wire

IO News Wire

February 24, 2010 09:15 ET

(OTCBB: TOOT) Records Profit in a Down Economy

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.

NEW YORK, NY--(Marketwire - February 24, 2010) -  Tootie Pie Company, Inc. (OTCBB: TOOT) announced that they have posted a profit for year end 2009.

Tootie Pie Company maintained a gross margin of 70% even as flour prices fluctuated to some of the highest prices seen since 2008. A 6.6% overall improvement to bottom line helped Tootie Pie post a net profit of $29,771 on revenues of $910,837.

With the Midwest and Western United States consuming more fresh pasty goods than any other part of the country, Tootie Pie Company is perfectly positioned in Texas to market its award winning product. To further bolster its client base, Tootie Pies are sold to retail customers through H-E-B Stores, which have over 300 locations in Texas and Mexico, generating over $15 billion in sales annually.

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Other active stocks are Sara Lee Corp. (NYSE: SLE), Unilever NV (NYSE: UN) and Tasty Baking Company (NASDAQ: TSTY).

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