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MamaMancini's Holdings, Inc. - MMMB STOCK NEWS

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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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FAQ

What is the market cap of MamaMancini's Holdings (MMMB)?

The market cap of MamaMancini's Holdings (MMMB) is approximately 136.8M.

Who is the founder of MamaMancini's Holdings, Inc.?

Dan Mancini is the founder of MamaMancini's Holdings, Inc., a company renowned for its home-style, old-world Italian food.

What sets MamaMancini's products apart?

MamaMancini's products are distinguished by their authentic recipes passed down through generations and the use of cutting-edge flash freezing technology for unparalleled freshness.

What facilities does MamaMancini's Holdings, Inc. operate?

MamaMancini's Holdings, Inc. operates a 17,000 sq. ft. USDA facility with HACCP approval, ensuring the highest quality and safety standards for its products.

Where can I find MamaMancini's products?

MamaMancini's products are available for purchase through various retailers and online platforms, bringing authentic Italian cuisine directly to your table.

What media recognition has MamaMancini's Holdings, Inc. received?

Dan Mancini, the founder of MamaMancini's Holdings, Inc., has been featured on popular media platforms like Martha Stewart, Today Show, and Food Network, highlighting the company's growing success and reputation.

How can I contact MamaMancini's Investor Relations?

For inquiries regarding MamaMancini's Holdings, Inc., please contact Lucas A. Zimmerman, Director at MZ Group - MZ North America, at (949) 259-4987 or email MMMB@mzgroup.us.

What technology does MamaMancini's use in its production process?

MamaMancini's utilizes flash freezing technology in its manufacturing process, ensuring the freshness and quality of its home-style Italian food products.

What is the significance of MamaMancini's commitment to tradition?

MamaMancini's commitment to traditional Italian recipes passed down through generations reflects a dedication to preserving culinary heritage and delivering authentic flavors.

What makes MamaMancini's products unique?

MamaMancini's products stand out for their authenticity, quality ingredients, and the heartfelt dedication to preserving family recipes, bringing a taste of old-world Italy to modern tables.

What platforms have featured MamaMancini's products?

MamaMancini's products have been showcased on various media platforms, including Martha Stewart, Today Show, Food Network, and other prominent outlets, highlighting the company's growing presence and recognition.

MamaMancini's Holdings, Inc.

Nasdaq:MMMB

MMMB Rankings

MMMB Stock Data

136.82M
27.17M
24.25%
11.39%
0.24%
Packaged Foods
Consumer Defensive
Link
United States
East Rutherford