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Mama's Creations Secures 'Costco Roadshow' with Six Branded Items for Members in Northeast Region
Newsfilter· 2024-04-18 12:31
‘Costco Roadshow' In-Store Sampling in May 2024 Provides Opportunity for New, National Placements with Costco EAST RUTHERFORD, NJ, April 18, 2024 (GLOBE NEWSWIRE) -- Mama's Creations, Inc. (NASDAQ:MAMA), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced that it has been selected by Costco Wholesale Corporation ("Costco") to participate in a ‘Costco Roadshow' in the Northeast Region, allowing members to sample the Company's products as part of an evaluation for a more ...
Mama's Creations to Host Fourth Quarter and Fiscal Year 2024 Earnings Call on April 24 at 4:30 p.m. Eastern Time
Globenewswire· 2024-04-16 12:31
EAST RUTHERFORD, NJ, April 16, 2024 (GLOBE NEWSWIRE) -- Mama's Creations, Inc. (NASDAQ: MAMA), a leading national marketer and manufacturer of fresh Deli prepared foods, will release financial results for the fiscal fourth quarter and year ended January 31, 2024 after market close on April 24, 2024. Management will host an investor conference call at 4:30 p.m. Eastern time on Wednesday, April 24, 2024 to discuss the Company's fourth quarter and fiscal year 2024 financial results, provide a corporate update, ...
Mama's Creations to Host Fourth Quarter and Fiscal Year 2024 Earnings Call on April 24 at 4:30 p.m. Eastern Time
Newsfilter· 2024-04-16 12:31
EAST RUTHERFORD, NJ, April 16, 2024 (GLOBE NEWSWIRE) -- Mama's Creations, Inc. (NASDAQ:MAMA), a leading national marketer and manufacturer of fresh Deli prepared foods, will release financial results for the fiscal fourth quarter and year ended January 31, 2024 after market close on April 24, 2024. Management will host an investor conference call at 4:30 p.m. Eastern time on Wednesday, April 24, 2024 to discuss the Company's fourth quarter and fiscal year 2024 financial results, provide a corporate update, ...
Investor Day Presentation
2024-02-19 01:13
NASDAQ: MAMA Investor Day Presentation February 2024 This presentation 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 cau ...
Mama’s Creations(MAMA) - 2024 Q3 - Quarterly Report
2023-12-12 21:16
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, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ___________ to ____________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Table of Contents Washington, DC 20549 Commission File Number: 001-40597 Mama's Creations, Inc. (Exact name of Registrant as specified in its charter) (State or other jur ...
Mama’s Creations(MAMA) - 2024 Q2 - Earnings Call Transcript
2023-09-13 03:30
Mama's Creations, Inc. (NASDAQ:MAMA) Q2 2027 Earnings Conference Call September 12, 2023 4:30 PM ET Company Participants Adam L. Michaels - Chairman and Chief Executive Officer Anthony Gruber - Chief Financial Officer Conference Call Participants Eric Des Lauriers - Craig-Hallum Capital Group Ryan Meyers - Lake Street Capital Markets Howard Halpern - Taglich Brothers [Transcript Provided by the Company] Operator Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to Mama’s Creations Sec ...
Mama’s Creations(MAMA) - 2024 Q2 - Quarterly Report
2023-09-12 18:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended: July 31, 2023 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: 001-40597 Mama's Creations, Inc. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorpor ...
Mama’s Creations(MAMA) - 2024 Q1 - Earnings Call Transcript
2023-06-13 22:59
Financial Data and Key Metrics Changes - The first quarter of fiscal 2024 saw a revenue increase of 5.9% to $23.1 million compared to $21.8 million in the same quarter last year [29] - Gross profit increased by 65% to $6.4 million, representing 27.6% of total revenues, up from 17.7% in the same year-ago quarter [30] - Net income for the quarter was $1.4 million or $0.04 per diluted share, compared to $0.1 million or zero per diluted share in the same year-ago quarter, with net income totaling 6.1% of revenue [32] Business Line Data and Key Metrics Changes - The company launched Mama's Creations, a platform brand for international cuisine, which received positive reviews from retailers and consumers [15] - The in-a-Cup product line was expanded, addressing consumer demand for convenient meal solutions [23] - The company reported successful cross-selling efforts contributing to organic growth [29] Market Data and Key Metrics Changes - Consumers are increasingly opting for grocery store prepared foods due to macroeconomic headwinds, with a focus on high-quality, affordable meal solutions [17] - Retailers are facing significant supply chain and labor challenges, seeking efficient solutions for their deli and grab-and-go offerings [18] Company Strategy and Development Direction - The company aims to become a one-stop shop for deli prepared foods, addressing the $40 billion foodservice and prepared foods market [16] - A corporate name change to Mama's Creations is planned to better reflect the company's identity as a national deli solutions provider [26] - The company is focused on continuous foundational improvement through its 3Cs strategy: cost, controls, and culture [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to grow profitability, with expectations of normalized gross margins returning to the upper 20% range in the near term and potentially exceeding 30% in the long term [34] - The leadership team is optimistic about the upcoming launch of a new sales organization and the introduction of incremental products to capture market share [27] Other Important Information - Cash and cash equivalents increased to $5.3 million as of April 30, 2023, driven by $1.6 million in cash flow from operations [33] - Adjusted EBITDA for the first quarter increased to $2.5 million compared to $0.7 million in the same year-ago quarter [44] Q&A Session Summary Question: Can you quantify the average items carried and cross-selling trends? - The average items carried increased to over six items on a weighted average basis, reflecting successful cross-selling efforts [51] Question: What are the growth expectations for the second half of the year? - Management is optimistic about growth due to the right products and a larger sales force, with positive feedback from recent product launches [53] Question: How have price increases been received by customers? - Price increases have been well received, with nearly all customers accepting the new pricing, which aligns with market expectations [68]
Mama’s Creations(MAMA) - 2024 Q1 - Quarterly Report
2023-06-13 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended: April 30, 2023 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) (State or other jurisdiction of i ...
Mama’s Creations(MAMA) - 2023 Q4 - Earnings Call Transcript
2023-04-29 18:22
MamaMancini's Holdings, Inc. (MMMB) Q4 2023 Earnings Conference Call April 26, 2023 4:30 PM ET Company Participants Adam Michaels - Chief Executive Officer Anthony Gruber - Chief Financial Officer Matthew Brown - President and Chief Operating Officer Conference Call Participants Ryan Meyers - Lake Street Capital Howard Halpern - Taglich Brothers Operator Greetings, and welcome to MamaMancini's Fourth Quarter and Fiscal 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is ...