Welcome to our dedicated page for MamaMancini's Holdings news (Ticker: MMMB), a resource for investors and traders seeking the latest updates and insights on MamaMancini's Holdings stock.
MamaMancini's Holdings, Inc. is a company specializing in home-style, old-world Italian food crafted from recipes passed down through generations. Founded by Dan Mancini, the company's offerings are a tribute to his grandmother Anna Mancini's culinary legacy. With a 17,000 sq. ft. USDA facility, HACCP approval, and cutting-edge flash freezing technology, MamaMancini's delivers fresh and frozen food products of the highest quality. Dan Mancini's appearances on popular media platforms like Martha Stewart, Today Show, and Food Network attest to the company's growing recognition and success.
MamaMancini's Holdings, Inc. (NASDAQ: MMMB) announced that its 3-Cheese Beef and Turkey Meatballs have been selected as QVC's September Food of the Month, granting the product extra sales days and extended airtime throughout the month. The company has over 25 products on QVC and has launched several new items recently. CEO Carl Wolf expressed gratitude for this recognition and anticipates increased brand awareness and sales from QVC's extensive viewership. MamaMancini's offers over 40 Italian food products sold in more than 45,000 locations nationwide.
MamaMancini's Holdings, Inc. (NASDAQ: MMMB) is set to release its financial results for the second quarter ending January 31, 2022, after the market closes on September 9, 2021. An investor conference call will follow at 4:30 p.m. Eastern time to discuss the results and provide updates. The event can be accessed via dial-in or webcast. MamaMancini's specializes in pre-prepared, frozen, and refrigerated all-natural Italian foods, available in over 45,000 locations across the U.S., including major retailers and distributors.
MamaMancini's Holdings, Inc. (NASDAQ: MMMB) has secured a $10.5 million expanded credit facility with M&T Bank to finance potential acquisitions, at an interest rate of 3.5% above one-day LIBOR. This facility complements an existing $4.5 million working capital line. The company aims to acquire complementary food product firms with annual sales between $12 million and $20 million and is confident this funding will support its acquisition strategy.
MamaMancini's Holdings, Inc. (NASDAQ: MMMB) celebrated a significant milestone by participating in a virtual closing bell ceremony at the Nasdaq Stock Market on August 12, 2021. This event marked their common shares' listing on the Nasdaq Capital Market, which occurred on July 15, 2021. CEO Carl Wolf expressed pride in this achievement, highlighting the dedication of employees and the momentum of the company. MamaMancini's specializes in pre-prepared Italian foods, with products available in over 45,000 locations across the U.S., including major retailers like Costco and Whole Foods.
MamaMancini's Holdings (NASDAQ: MMMB) has announced that its listing on the Nasdaq Capital Market has been approved, with trading set to commence on July 15, 2021. This uplisting marks a significant milestone for the company, aimed at enhancing visibility and liquidity. Alongside strong cash flow and commitments from national accounts, MamaMancini's expects continued growth fueled by advertising campaigns. Products are sold in over 45,000 locations, including major retailers like Costco and Whole Foods.
MamaMancini's Holdings (OTCQB: MMMB) has scheduled its Virtual Annual Meeting of Shareholders on June 24, 2021, at 12:00 p.m. Eastern time, due to COVID-19 safety concerns. Shareholders can dial in at 877-407-3088 to participate. Proxy materials have been shared with all shareholders as of the Record Date, and voting information is available on the company’s meeting site. MamaMancini's specializes in all-natural, prepared Italian foods sold in over 45,000 locations across the U.S.
MamaMancini's Holdings (OTCQB: MMMB) reported its Q1 2022 results with revenues of $10.3 million, a slight decline of 4.8% from $10.8 million in Q1 2021, attributed to one-time COVID-related impacts. Cash flow from operations reached a record $1.4 million, enhancing the company's balance sheet. Pre-tax net income remained stable at $0.9 million, with earnings per share at $0.02, down from $0.03 year-over-year. The company anticipates strong sales growth this summer, bolstered by new retail partnerships and an ongoing acquisition strategy.
MamaMancini's Holdings, Inc. (OTCQB: MMMB) will announce its Q1 financial results for the fiscal year ending January 31, 2022, on June 14, 2021, after market close. An investor conference call will follow at 4:30 p.m. ET to discuss the results and provide a corporate update. The company specializes in pre-prepared frozen and refrigerated foods, with a diverse product range sold at over 45,000 locations nationwide. Notable partners include Sam's Club, Whole Foods, and Costco.
MamaMancini's Holdings, Inc. (OTCQB: MMMB) will present at the LD Micro Invitational XI investor conference, taking place virtually from June 8-10, 2021. CEO Carl Wolf is scheduled to host a virtual presentation on June 9 at 12:00 p.m. EDT. Investors can access the live audio webcast and archived presentation via the provided link. MamaMancini's specializes in marketing frozen and refrigerated all-natural Italian foods, with over 20 products sold in more than 45,000 locations, including major retailers like Sam's Club and Whole Foods.
MamaMancini's Holdings (OTCQB: MMMB) is set to host a virtual roadshow webinar on May 5, 2021, at 11:30 a.m. Eastern time. The presentation will be led by CEO Carl Wolf, who will discuss the company's business model and growth strategies. Participants can join via a provided webcast link or dial-in numbers. A replay will be available after the event until June 5, 2021.
MamaMancini's specializes in all-natural Italian foods, offering over 20 products across various retailers. For full details, visit www.mamamancinis.com.
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