MamaMancini's Holdings, Inc. - MMMB STOCK NEWS

For Q4 2021, MamaMancini's Holdings (MMMB) reported a remarkable 311% increase in net income to a record $1.7 million. Revenue grew 1.4% to $10 million, driving a 20.8% annual increase to $40.8 million. Gross profit rose 15% in Q4, reaching $3.3 million, with margins improving to 32.9%. Operating expenses increased 7.7% in Q4, totaling $2.4 million. The company also secured significant retail placements and launched a major ad campaign. The positive outlook for fiscal 2022 includes the potential for further growth and acquisitions.

MamaMancini's Holdings (OTCQB: MMMB) announced significant new product placements in tier-1 national and regional retailers, with over 15,000 potential new placements by summer's end. The company will ship family pack beef meatballs to 500 Walmart locations and 220 Shop Rite locations, alongside new products for Winn Dixie and a test period at 600 Sam’s Club locations. CEO Carl Wolf expressed optimism about these developments, emphasizing sustainable long-term value for shareholders. The company markets over 20 all-natural Italian food products across 45,000 locations.

MamaMancini's Holdings, Inc. (OTCQB: MMMB) will release its financial results for the fourth quarter and fiscal year ended January 31, 2021, on April 20, 2021, after market close. Management will host an investor call at 4:30 PM ET the same day to discuss the results and provide a corporate update. The company's diverse portfolio includes over 20 all-natural Italian food products, available in over 45,000 locations nationwide, with prominent retailers including Sam's Club, Whole Foods, and Costco.

MamaMancini's Holdings (OTCQB: MMMB) announces participation in the Planet MicroCap Showcase from April 20-22, 2021. CEO Carl Wolf will deliver a virtual presentation on April 21, 2021, at 11:00 a.m. Eastern Time, followed by one-on-one meetings. The presentation will focus on the company’s extensive range of all-natural Italian food products, including their strong distribution across over 45,000 locations nationwide, featuring retailers like Sam's Club, Whole Foods, and Costco. More details can be found on their website.

MamaMancini's Holdings, Inc. (OTCQB: MMMB) has welcomed Connor Haley and Michael Stengel to its Board of Directors, enhancing leadership with nearly 50 years of combined experience in financial markets and hospitality. Haley, founder of Alta Fox Capital Management, brings expertise in capital markets, owning 1,686,799 shares as of December 31, 2020. Stengel, a Marriott veteran, managed over $1.5 billion in revenue from food and beverage operations. Their diverse backgrounds are expected to support MamaMancini's planned Nasdaq up listing and expansion in the food service market.

MamaMancini's Holdings (OTCQB: MMMB) announced significant new partnerships, securing placements in 60 Costco locations and 100 Sam's Club stores. The company also gained commitments for 160 Shaws Supermarkets and 300 independent chains via Krasdale Foods. Featured on QVC for National Meatball Day, MamaMancini's expanded its product offerings, including various meatball and sauce options. CEO Carl Wolf emphasized their growth strategy targeting national retailers, indicating a substantial growth opportunity and commitment to enhancing shareholder value.

MamaMancini's Holdings, Inc. (OTCQB: MMMB) announced the release of a podcast interview featuring CEO Carl Wolf, conducted by Jeff Kone from The Wall Street Resource. The interview provides insights into the company's corporate overview and near-term growth initiatives. MamaMancini's specializes in all-natural Italian foods, with products available in over 45,000 locations nationwide.

MamaMancini's Holdings (OTCQB: MMMB), a marketer of specialty all-natural Italian foods, announced participation in the 33rd Annual ROTH Conference, held virtually from March 15-17, 2021. CEO Carl Wolf will host one-on-one meetings with investors during the event, which requires invitation and registration. MamaMancini's offers over 20 products such as meatballs and chicken parmesan, available at over 45,000 locations, including major retailers like Sam’s Club and Whole Foods. For more details, visit mamamancinis.com.