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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.

Rhea-AI Summary
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, 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, 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, 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, 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 new leadership team appointments and retirement of COO Matthew Brown
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Mama's Creations, Inc. to attend several investor conferences in Q4 2023
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Mama's Creations wins awards for the fifth year in a row at the 2023 QVC Customer Choice Food Awards
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Mama's Creations reports strong Q2 results with 8.5% revenue growth and 30.3% gross margin
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Mama's Creations, Inc. to release Q2 FY2024 financial results on September 12, 2023.
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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 $7.165 as of November 1, 2024.

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

The market cap of Mama's Creations (MAMA) is approximately 269.2M.

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.

Mama's Creations, Inc.

Nasdaq:MAMA

MAMA Rankings

MAMA Stock Data

269.24M
37.58M
10.24%
62.93%
5.21%
Packaged Foods
Sausages & Other Prepared Meat Products
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United States of America
EAST RUTHERFORD