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Mama's Creations, Inc. (symbol: MAMA) is a leading marketer and manufacturer of fresh deli-prepared foods, proudly rooted in a rich heritage of Italian cuisine. The company’s journey began with the cherished recipes from founder Dan Mancini's grandmother, Anna Mancini, which have been meticulously recreated to bring authentic, home-style Italian flavors to families across America.
Mama's Creations operates a state-of-the-art 17,000 sq. ft USDA-approved facility that features advanced HACCP protocols and cutting-edge flash freezing technology. This ensures that their diverse range of high-quality, fresh, and clean foods retain their deliciousness and nutritional value. Their semi-automated production lines are versatile, allowing for the efficient manufacturing of a variety of products.
The company’s extensive product portfolio is available in over 8,400 grocery stores, mass retailers, club stores, and convenience stores nationwide. This broad distribution network highlights the widespread appreciation for their easy-to-prepare meals, which cater to the contemporary demands of both consumers and retailers.
Recently, Mama's Creations has made significant strides in expanding its market presence and operational capabilities. Key achievements include a successful appearance on popular media platforms such as Martha Stewart, The Today Show, Fox Business, People, Rachael Ray Blog, and Food Network. These appearances underscore the brand’s growing recognition and consumer trust.
The company continues to engage with its shareholders and potential investors through regular updates and earnings conference calls. Notable upcoming events include:
- Q3 FY2024 Earnings Conference Call on Tuesday, December 12, 2023, at 4:30 p.m. Eastern time
- Nasdaq Closing Bell Ceremony on Tuesday, January 23, 2024, at 3:45 – 4:00 p.m. Eastern time
- Q4 FY2024 Earnings Conference Call on Wednesday, April 24, 2024, at 4:30 p.m. Eastern time
- Q1 FY2025 Earnings Conference Call on Tuesday, June 11, 2024, at 4:30 p.m. Eastern time
For more information, investors can contact Lucas A. Zimmerman, Managing Director at MZ Group, via email at MAMA@mzgroup.us or visit their website.
Mama's Creations (NASDAQ: MAMA), a national marketer and manufacturer of fresh deli prepared foods, announced its inclusion in the Russell 2000® and Russell 3000® Indexes on June 28, 2024. This milestone reflects the company's growing potential and consumer shift towards fresh prepared foods. The Russell indexes capture the 4,000 largest US stocks by market capitalization, offering MAMA automatic membership in the small-cap Russell 2000® Index and relevant growth and value style indexes. FTSE Russell, a global index provider, benchmarks about $10.5 trillion in assets against these indexes, commonly used by investment managers and institutional investors.
Mama’s Creations, a top U.S. marketer and manufacturer of fresh deli prepared foods, announced its participation in four key industry trade shows during Summer and Fall 2024. These events include the National Association of College & University Food Services (NACUFS) 2024 National Showcase in Louisville, KY from July 17-20, 2024 at booth 540. The company aims to strengthen its marketing efforts and elevate brand awareness through high ROI trade shows.
Mama’s Creations (NASDAQ: MAMA) reported a 29% increase in first-quarter fiscal 2025 revenues, reaching $29.8 million. Gross profit rose 17% to $7.5 million, but net income fell by 61% to $0.6 million, translating to $0.01 per diluted share. This decline was partly due to a one-time $0.9 million charge for stock compensation.
Key highlights include participation in a ‘Costco Roadshow’ and attendance at major industry trade shows. The company introduced new products, such as Breakfast Wraps and Meatball Entertaining Sleeves. Cash flow from operations generated $3.6 million, increasing cash equivalents to $13 million by April 30, 2024. Operating expenses rose 51% to $6.7 million.
CEO Adam L. Michaels emphasized automation and efficiency improvements to mitigate commodity cost increases. Adjusted EBITDA remained flat at $2.5 million. The company's focus is on profitable growth and strategic marketing initiatives.
Mama's Creations (NASDAQ: MAMA) announced the launch of new products and flavors at the IDDBA 2024 event, scheduled for June 9-11 in Houston, Texas. Attendees will see the introduction of their heat & eat Breakfast Wraps in three varieties, vacuum-packed Grilled Chicken Breasts, Mini Meatball Entertaining Trios, and new Gourmet Paninis.
The company aims to solidify its position as a comprehensive deli solution provider. The new product lines target various consumer needs, including breakfast, entertaining, and on-the-go snacking. The Gourmet Paninis are finalists for the inaugural Deli Business Innovation Award.
Lauren Sella, Chief Marketing Officer, highlighted that these new offerings result from a collaborative effort across Marketing, Sales, and R&D teams. Mama's Creations also plans to launch three new Meals for One products based on feedback from the event.
Mama’s Creations (NASDAQ: MAMA) will announce its fiscal Q1 2025 results on June 11, 2024, after market close. A conference call will follow at 4:30 p.m. Eastern Time to discuss the results, provide updates, and address investor questions. The company is focused on its 4C strategy to drive profitable revenue growth and has highlighted its recent successes in club stores and marketing initiatives. CEO Adam Michaels emphasized the importance of incremental margin gains from strategic CapEx projects, aiming for high ROI marketing and trade promotions. A playback of the call will be available until July 11, 2024.
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