MamaMancini’s to Present at LD Micro Main Event XV Conference

Rhea-AI Summary

MamaMancini's Holdings (NASDAQ: MMMB) today announced that CEO Adam Michaels will present at the LD Micro Main Event XV Conference on October 25, 2022, in Los Angeles, CA. The presentation will focus on the company's strategy to enhance profitability and its new 'One Stop Shop Deli Solution' initiative. Michaels reported strong momentum for Q3, with revenue nearing a $100 million annual run rate, exceeding expectations. The company is poised for improved profitability, aiming for sustainable value for shareholders.

CEO Adam Michaels to Present at Leading Investor Conference to Highlight Strong Progress Towards Profitable Third Quarter

EAST RUTHERFORD, NJ, Oct. 24, 2022 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ: MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced that management will present at the LD Micro Main Event XV Conference being held at the Luxe Sunset Boulevard Hotel in Los Angeles, CA on October 25^th, 2022.

Adam L. Michaels, Chief Executive Officer of MamaMancini’s, will conduct in-person one-on-one meetings and deliver the Company’s presentation – which can be viewed live and via replay at the webcast link below.

Michaels said: “I look forward to attending this year’s LD Micro Main Event this week. I plan to share our differentiated heritage story to new investors and update our existing investors on progress on earnings improvement and implementation of our new “One Stop Shop Deli Solution” strategy which we highlighted on our last earnings call.

“We continue to see strong momentum in the third quarter ending October 31, 2022, with revenue approaching a $100 million annual run rate months ahead of our initial expectations. Given the ongoing success of our margin enhancement initiatives, I believe MamaMancini’s is well-positioned to return to a more normalized level of profitability in the third quarter. I am eager to share these recent achievements with our investors as we seek to generate sustainable, long-term value enhancement for our shareholders,” concluded Michaels.

LD Micro Main Event XV
Date: Tuesday, October 25^th, 2022
Location: Los Angeles, CA
Presentation Time: 4:00 p.m. Eastern time
Webcast: https://me22.mysequire.com/

For more information on the LD Micro Main Event XV Conference, or to schedule a one-on-one meeting with MamaMancini’s management, please contact your conference representative, email your request to MMMB@mzgroup.us or call Lucas Zimmerman at (949) 259-4987.

About MamaMancini’s Holdings, Inc.

MamaMancini's Holdings, Inc. (NASDAQ: MMMB) is a leading marketer and manufacturer of prepared foods with products offered in over 45,000 grocery, mass, club and convenience stores nationally. The Company’s broad product portfolio, born from a rich history in Italian foods, now consists of a variety of high quality, fresh, clean and easy to prepare foods to address the needs of both our consumers and retailers. Our vision is to become a one-stop-shop deli solutions platform, leveraging vertical integration and a diverse family of brands to offer a wide array of prepared foods to meet the changing demands of the modern consumer. For more information, please visit www.mamamancinis.com.

Forward-Looking Statements

This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company's 10-K for the fiscal year ended January 31, 2022 and other filings made by the Company with the Securities and Exchange Commission.

Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ Group - MZ North America
(949) 259-4987
MMMB@mzgroup.us
www.mzgroup.us

FAQ

What is the date of the LD Micro Main Event XV Conference for MamaMancini's Holdings?

The LD Micro Main Event XV Conference is scheduled for October 25, 2022.

What time will MamaMancini's Holdings present at the LD Micro Main Event XV?

MamaMancini's Holdings will present at 4:00 p.m. Eastern time.

Who will represent MamaMancini's Holdings at the investor conference?

CEO Adam Michaels will represent MamaMancini's Holdings at the conference.

What is the expected annual revenue run rate for MamaMancini's Holdings?

MamaMancini's Holdings expects to reach a $100 million annual revenue run rate in Q3.

What strategy is MamaMancini's Holdings implementing for profitability?

The company is implementing the 'One Stop Shop Deli Solution' strategy to enhance profitability.