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Mama's Creations, Inc. - MAMA STOCK NEWS

Welcome to our dedicated page for Mama's Creations news (Ticker: MAMA), a resource for investors and traders seeking the latest updates and insights on Mama's Creations stock.

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.

News

Mama’s Creations to Host Virtual Investor Day Presentation on Tuesday, February 13, 2024

Rhea-AI Summary
Mama's Creations, Inc. (NASDAQ: MAMA) is set to host a virtual investor day presentation to provide a business and financial update on key operational initiatives. The event, scheduled for February 13, 2024, will feature the company's top executives discussing their go-forward strategy and vision for the future. The presentation will also include a question-and-answer session, encouraging current and prospective investors to participate. The company aims to create sustainable value for its shareholders over the long-term.
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Mama’s Creations to Ring Nasdaq Closing Bell on Tuesday, January 23, 2024

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Mama's Creations, Inc. (Nasdaq: MAMA) announced that its management will lead the closing bell ceremony at the Nasdaq Stock Market on January 23, 2024, to celebrate the corporate name and ticker change. The livestream video and archive recording will be available on the Nasdaq website. Adam L. Michaels, Chairman & CEO, expressed gratitude and highlighted the company's record growth, profitability, and impact, emphasizing the teamwork and workplace culture as key factors for success.
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Mama’s Creations, Inc. Announces Pricing of the Public Secondary Offering of Common Stock by Selling Stockholders

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Mama’s Creations, Inc. (Nasdaq: MAMA) announced the pricing of an underwritten public offering of 5,629,921 shares of common stock by certain selling stockholders at $3.50 per share. The Company will not receive any proceeds from the sale.
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Mama’s Creations, Inc. Announces Proposed Public Offering of Common Stock by Selling Stockholders

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Mama's Creations, Inc. (Nasdaq: MAMA) has announced a proposed underwritten public offering of 5,629,921 shares of common stock by certain selling stockholders. The company will not receive any proceeds from the sale, and the selling stockholders will bear the costs associated with the sale. The offering will be managed by Craig-Hallum as sole book running manager and Roth Capital Partners, LLC as co-manager. A registration statement on Form S-3 relating to the offering was filed with the SEC and declared effective on November 13, 2023.
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Mama’s Creations Reports Third Quarter Fiscal 2024 Financial Results

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Mama's Creations, Inc. (Nasdaq: MAMA) reported a record third-quarter revenue of $28.6 million, driving $2.0 million in net income. The company's Q3 fiscal 2024 highlights include a 11.5% increase in revenue, 31.6% growth in gross profit, and 83.0% increase in net income compared to the same period last year. The company also announced a corporate name change to Mama's Creations and a ticker symbol change to 'MAMA'.
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Mama’s Creations to Host Third Quarter Fiscal 2024 Earnings Call on December 12 at 4:30 p.m. Eastern Time

Rhea-AI Summary
Mama’s Creations, a leading national marketer and manufacturer of fresh Deli prepared foods, will release financial results for the fiscal third quarter ended October 31, 2023 after market close on December 12, 2023. The company's Chairman and CEO, Adam L. Michaels, expressed optimism about the planned sequential improvement in operational execution and margin enhancement efforts, aiming for profitable, double-digit growth in the third quarter. The company plans to reinvest incremental margin improvements in trade and marketing to drive sequential sales momentum.
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Mama’s Creations Launches Direct-to-Consumer E-Commerce Platform

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Mama's Creations, Inc. (NASDAQ: MAMA) launches a nationwide direct-to-consumer e-commerce platform, offering popular MamaMancini’s retail products for delivery throughout the continental United States. The platform features a curated selection of bestselling products, with flat rate shipping within the continental U.S. market. The company aims to address consumer needs and expand its offerings, reaffirming its one-stop-shop mission.
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Mama’s Creations Appoints Lynn L. Blake to Board of Directors

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Mama’s Creations, Inc. (NASDAQ: MAMA) appoints veteran finance leader Lynn L. Blake as Chair of the Board’s Audit Committee. With over 30 years of financial leadership and public market experience, Lynn's appointment is expected to enhance the company's strategic growth and M&A strategy.
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Techstars Appoints Shirley Romig as Chief Accelerator Investment Officer and Expands Board of Directors with Kristi Mitchem and Julie Harris

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Techstars, the largest pre-seed investor in the world, has announced the appointment of Shirley Romig as the new Chief Accelerator Investment Officer. Romig will oversee Techstars' accelerator programs and manage the selection, funding, and mentoring of entrepreneurs globally. Additionally, Kristi Mitchem and Julie Harris have been appointed to Techstars' Board of Directors. Mitchem brings extensive experience in asset management, while Harris has a background in technology, management consulting, and financial services.
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Mama’s Creations Announces Planned Evolution of the Senior Management Team

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Mama's Creations announces new leadership team appointments and retirement of COO Matthew Brown
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FAQ

What is the current stock price of Mama's Creations (MAMA)?

The current stock price of Mama's Creations (MAMA) is $7.45 as of December 20, 2024.

What is the market cap of Mama's Creations (MAMA)?

The market cap of Mama's Creations (MAMA) is approximately 275.7M.

What does Mama's Creations, Inc. specialize in?

Mama's Creations, Inc. specializes in manufacturing and marketing fresh deli-prepared foods, based on authentic Italian recipes.

Where can I find Mama's Creations products?

Mama's Creations products are available in over 8,400 grocery stores, mass retailers, club stores, and convenience stores nationwide.

What is unique about Mama's Creations manufacturing facility?

Their 17,000 sq. ft USDA-approved facility features advanced flash freezing technology and versatile semi-automated production lines.

Who founded Mama's Creations, Inc.?

Dan Mancini founded the company, based on cherished recipes passed down from his grandmother, Anna Mancini.

How does Mama's Creations ensure the quality of its products?

The company implements strict HACCP protocols and uses flash freezing technology to preserve the quality and nutrition of its foods.

What are some recent achievements of Mama's Creations?

The company has garnered media attention on platforms like Martha Stewart, The Today Show, and Food Network, enhancing its market presence.

How can investors stay updated with Mama's Creations' financial performance?

Investors can join earnings conference calls and follow updates provided through Investor Relations contact, Lucas A. Zimmerman, or visit their website.

When is the next earnings conference call for Mama's Creations?

The Q3 FY2024 earnings conference call is scheduled for Tuesday, December 12, 2023, at 4:30 p.m. Eastern time.

Where can I watch the Nasdaq Closing Bell Ceremony for Mama's Creations?

The Nasdaq Closing Bell Ceremony will be webcasted on Tuesday, January 23, 2024, from 3:45 – 4:00 p.m. Eastern time.

How can I contact Investor Relations for Mama's Creations?

You can reach Investor Relations by contacting Lucas A. Zimmerman at MAMA@mzgroup.us or by phone at (949) 259-4987.

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Mama's Creations, Inc.

Nasdaq:MAMA

MAMA Rankings

#3605 Ranked by Market Cap
N/A Ranked by Dividends

MAMA Stock Data

275.70M
33.74M
10.24%
63.11%
5.03%
Packaged Foods
Sausages & Other Prepared Meat Products
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United States of America
EAST RUTHERFORD