Mama’s Creations(MAMA)
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Mama’s Creations(MAMA) - 2021 Q3 - Earnings Call Transcript
2020-12-15 02:46
MamaMancini's Holdings, Inc. (MMMB) Q3 2021 Earnings Conference Call December 15, 2020 4:30 PM ET Company Participants Greg Falesnik - Investor Relations, MZ North America Carl Wolf - Chairman and Chief Executive Officer Larry Morgenstein - Chief Financial Officer Matthew Brown - President and Chief Operating Officer Conference Call Participants Howard Halpern - Taglich Brothers Jeffrey Kobylarz - Diamond Bridge Capital James Bogin - Legend Capital Operator Good afternoon ladies and gentlemen. Thank you for ...
Mama’s Creations(MAMA) - 2021 Q3 - Quarterly Report
2020-12-14 21:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended: October 31, 2020 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ___________ to ____________ Commission File Number: 000-54954 MamaMancini's Holdings, Inc. (Exact name of Registrant as specified in its charter) Nevada 27-067116 (State or ...
Mama’s Creations(MAMA) - 2021 Q2 - Earnings Call Transcript
2020-09-15 15:05
MamaMancini's Holdings, Inc. (MMMB) Q2 2021 Earnings Conference Call September 15, 2020 8:30 AM ET Company Participants Carl Wolf - Chairman and CEO Matthew Brown - President and COO Larry Morgenstein - CFO Greg Falesnik - IR, MZ North America Conference Call Participants Howard Halpern - Taglich Brothers Operator Good morning, ladies and gentlemen. Thank you for standing by. Welcome to MamaMancini's Second Quarter 2021 Earnings Conference Call. During today's presentation, all parties will be in a listen-o ...
Mama’s Creations(MAMA) - 2021 Q2 - Quarterly Report
2020-09-14 20:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of Registrant as specified in its charter) Nevada 27-067116 (State or other jurisdiction of incorporation) (IRS Employer I.D. No.) 25 Branca Road East Rutherford, NJ 07073 For the quarter ended: July 31, 2020 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Peri ...
Mama’s Creations(MAMA) - 2021 Q1 - Earnings Call Transcript
2020-06-16 23:56
MamaMancini's Holdings, Inc. (MMMB) Q1 2021 Results Conference Call June 15, 2020 5:00 PM ET Company Participants Carl Wolf - Chairman, Chief Executive Officer Matthew Brown - President, Chief Operating Officer Larry Morgenstein - Chief Financial Officer Greg Falesnik - Managing Director, MZ North America Conference Call Participants Howard Halpern - Taglich Brothers Bernard Girma - DigiTech Strategy Operator Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to MamaMancini's First Qua ...
Mama’s Creations(MAMA) - 2021 Q1 - Quarterly Report
2020-06-15 20:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 (Exact name of Registrant as specified in its charter) Nevada 27-067116 (State or other jurisdiction of incorporation) FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended: April 30, 2020 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ___________ to ____________ Commission File Number: 000- ...
Mama’s Creations(MAMA) - 2020 Q4 - Annual Report
2020-04-23 17:25
FORM 10-K [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the year ended January 31, 2020 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 MAMAMANCINI'S HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification Numbe ...
Mama’s Creations(MAMA) - 2020 Q3 - Earnings Call Transcript
2019-12-09 16:19
MamaMancini's Holdings, Inc. (MMMB) Q3 2020 Results Earnings Conference Call December 9, 2019 8:30 AM ET Company Participants Greg Falesnik - IR, MZ North America Carl Wolf - Chairman, Chief Executive Officer Larry Morgenstein - Chief Financial Officer Matthew Brown - President, Chief Operating Officer Conference Call Participants Howard Halpern - Taglich Brothers George Melas - MKH Management Operator Good morning and welcome to MamaMancini's Third Quarter 2020 Financial Results Conference Call. All partic ...
Mama’s Creations(MAMA) - 2020 Q3 - Quarterly Report
2019-12-09 12:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended: October 31, 2019 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ___________ to ____________ Commission File Number: 000-54954 MamaMancini's Holdings, Inc. (Exact name of Registrant as specified in its charter) Nevada 27-067116 (State or ...
Mama’s Creations(MAMA) - 2020 Q2 - Earnings Call Transcript
2019-09-13 03:13
Financial Data and Key Metrics Changes - Revenue for Q2 fiscal 2020 increased by 44% to $8.1 million compared to $5.6 million in the same year-ago quarter [19] - Net income for Q2 fiscal 2020 totaled $0.4 million or $0.01 per share, compared to a net loss of $0.2 million or loss of $0.01 per share in the same year-ago quarter [23] - Gross profits totaled $2.7 million in Q2 fiscal 2020, with gross profit as a percentage of revenue at 33.2%, down from 36.5% in the same year-ago quarter [20] Business Line Data and Key Metrics Changes - The revenue increase was driven by increased sales with the largest customers and new customer placements, with a merchandising event contributing less than 5% of total sales [19][40] - Operating expenses totaled $2.2 million in Q2 fiscal 2020, up from $1.9 million in the same year-ago quarter, but decreased as a percentage of sales from 34.2% to 27.6% [21][22] Market Data and Key Metrics Changes - The company announced product placement and special merchandising events in over 2,500 tier one grocery retailer locations nationwide, including major retailers like Publix and Sam's Club [15][30] - The company expects these locations to generate an additional $800,000 to $1.1 million in quarterly revenue beginning in Q3 fiscal 2020 [16] Company Strategy and Development Direction - The company is focused on expanding its manufacturing capabilities and enhancing marketing efforts to drive sales growth [17][27] - The introduction of new products, such as pasta bowls, is part of the strategy to capture additional market share [30][33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong foundation laid for the remainder of fiscal 2020, anticipating significant shareholder value creation [35] - The company is optimistic about the potential for growth in Canada and other markets, with positive initial feedback on product samples [32] Other Important Information - Cash and cash equivalents totaled $635,000 as of July 31, 2019, compared to $347,000 as of July 31, 2018, with no anticipated need for additional capital [24] - Payables outstanding improved to 32 days as of July 31, 2019, down from 53.3 days a year earlier [25] Q&A Session Summary Question: Can you break down the $2.5 million increase in sales revenue? - The merchandising event contributed less than 5% of total sales, with new and existing customers driving the majority of the increase [40] Question: What does the recent announcement of 2,500 grocery retail locations bring the total number to? - The company is maintaining the total at 45,000, emphasizing the importance of the type of locations rather than just the number [42] Question: What is the lead time for customer acceptance from the new retail locations? - The company has already shipped to each of those customers, indicating actual results rather than proposed shipments [45] Question: Was the increase in postage and freight a one-time event? - The increase is expected to be in line with higher sales, but the company has identified ways to reduce costs moving forward [47] Question: Are there any new products expected by the end of this year or into next fiscal year? - The company is working on a plant-based product, but no announcements will be made until it is confirmed [49]