EAST RUTHERFORD, NJ, March 25, 2025 (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, 2025 after market close on April 8, 2025. Management will host an investor conference call at 4:30 p.m. Eastern time on Tuesday, April 8, 2025 to discuss the Company's fourth quarter and fiscal 2025 financial results, provide a corporate update, and concl ...

Core Viewpoint - Mama's Creations, Inc. is positioned to benefit from a strong operating environment, driven by fixed price protein agreements, domestic sourcing, and rising consumer demand for affordable deli-prepared foods [1][3][4] Group 1: Company Overview - Mama's Creations, Inc. is a leading marketer and manufacturer of fresh deli prepared foods, available in over 10,000 grocery, mass, club, and convenience stores across the nation [5] - The company aims to become a one-stop-shop deli solutions platform, leveraging vertical integration and a diverse family of brands to meet modern consumer demands [5] Group 2: Financial Expectations - Management anticipates measurable improvements in the business, including record gross margins for the fiscal year ending January 31, 2025 [4] - The company has secured agreements to lock-in protein pricing at attractive rates, which will help mitigate pricing fluctuations throughout the year [3][4] Group 3: Upcoming Events - Management will participate in the 37th Annual Roth Conference on March 18, 2025, and the Planet MicroCap Showcase on April 23, 2025, where they will discuss the company's operating position and financial outlook [2][3] - A live audio webcast of both presentations will be available, with registration required for participation [4]

Core Insights - Mama's Creations, Inc. is positioned to benefit from a strong operating environment, driven by fixed price protein agreements, domestic sourcing, and rising consumer demand for affordable deli-prepared foods [1][3][4] Company Overview - Mama's Creations, Inc. is a leading national marketer and manufacturer of fresh deli-prepared foods, available in over 10,000 grocery and convenience stores across the U.S. [5] - The company aims to become a one-stop-shop deli solutions platform, leveraging vertical integration and a diverse brand portfolio to meet modern consumer demands [5] Upcoming Events - Management will participate in two investor conferences: the 37th Annual Roth Conference on March 18, 2025, and the Planet MicroCap Showcase on April 23, 2025 [2][3] - Adam L. Michaels, Chairman and CEO, will host one-on-one meetings with institutional investors and deliver presentations at both events [2][3] Financial Expectations - The company anticipates achieving record gross margins for the fiscal year ending January 31, 2025, due to a robust operational platform developed over the past two years [4] - Management expects to discuss the positive impact of secured protein pricing agreements and domestic sourcing on financial performance during the upcoming investor presentations [3][4]

Group 1 - The company has successfully completed construction at its Farmingdale facility, which has more than doubled its production capacity over the past year [2] - The leadership team has been fully established after two years of development, and members of the team will present during the event [3]

Financial Data and Key Metrics Changes - The company has significantly improved its financial strength, transitioning from having no cash and high debt to possessing substantial cash reserves and no debt [8] - The company aims to achieve a gross margin with a three-handle, indicating a focus on cost management and efficiency [14][15] Business Line Data and Key Metrics Changes - The company has evolved from being primarily a Northeast meatball company to having 45% of its sales coming from west of the Ohio River, indicating a successful expansion strategy [7] - The prepared foods category, where the company operates, is experiencing over 5% growth in volume, highlighting a favorable market trend [12] Market Data and Key Metrics Changes - The deli category is growing at approximately 3%, while the overall food and beverage market is growing at 1% in units, indicating a shift in consumer preferences towards prepared foods [11][12] - The company has successfully entered major retailers, including Walmart and Costco, which are expected to drive significant revenue growth [28][29] Company Strategy and Development Direction - The company is focusing on both organic and inorganic growth, with 50% of its strategy dedicated to acquisitions and building new capabilities [8][19] - The leadership team is committed to maintaining a consistent three-year strategy that emphasizes cost control, measurement, and quality [13][14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing macro trends favoring fresh and easy-to-prepare foods, which align with the company's product offerings [10][11] - The leadership team is focused on building a "grandma quality" culture, emphasizing quality across all aspects of the business [16][17] Other Important Information - The company has completed construction at its Farmingdale facility, which has doubled its production capacity [2][3][4] - The integration of recent acquisitions is progressing well, with a repeatable playbook established for future growth [9][10] Q&A Session Summary Question: What are the company's growth strategies moving forward? - The company aims for sustainable double-digit revenue growth by expanding average items per existing customers and acquiring major accounts in the mass and grocery channels [35][36][37] Question: How is the company addressing supply chain and operational challenges? - The company is implementing a more disciplined approach to forecasting and planning, ensuring that manufacturing does not become a bottleneck for sales [70][71][72]

Core Viewpoint - Mama's Creations, Inc. will host a virtual investor day on February 12, 2025, to discuss its business strategy and future plans, aiming to enhance shareholder value [1][4]. Group 1: Event Details - The virtual investor day is scheduled for February 12, 2025, at 12:30 p.m. Eastern time [3]. - A webcast link will be provided for participants to access the presentation [3]. - Attendees are encouraged to join at least 5 minutes early to ensure timely participation [3]. Group 2: Management Participation - Key executives participating in the event include Chairman & CEO Adam L. Michaels, CFO Anthony Gruber, CMO Lauren Sella, CCO Chris Darling, and COO Skip Tappan [2]. - The presentation will include a corporate update, discussion of the go-forward strategy, and a question-and-answer session [2]. Group 3: Company Overview - Mama's Creations, Inc. is a leading marketer and manufacturer of fresh deli prepared foods, available in over 10,000 retail locations across the U.S. [5]. - The company aims to become a one-stop-shop deli solutions platform, leveraging vertical integration and a diverse brand portfolio to meet modern consumer demands [5].

Core Insights - Mama's Creations, Inc. will host a virtual investor day presentation on February 12, 2025, at 12:30 p.m. Eastern time to provide a business and financial update [1][3] - The presentation will include a corporate update, discussion of management's go-forward strategy, and a question-and-answer session [2][4] - The company aims to drive significant shareholder value creation over the long term through its strategy for fiscal 2026 [4] Company Overview - Mama's Creations, Inc. is a leading marketer and manufacturer of fresh deli prepared foods, available in over 10,000 grocery, mass, club, and convenience stores across the nation [5] - The company's product portfolio includes a variety of high-quality, fresh, clean, and easy-to-prepare foods, reflecting its rich history in Italian foods [5] - The vision of the company is to become a one-stop-shop deli solutions platform, leveraging vertical integration and a diverse family of brands to meet modern consumer demands [5]

Core Viewpoint - Mama's Creations, Inc. is actively engaging with investors through participation in two major conferences in early 2025, aiming to showcase its growth strategies and operational improvements [1][2][3]. Group 1: Conference Participation - Mama's Creations will host a presentation and one-on-one meetings at the ICR Conference 2025 on January 14, 2025, in Orlando, FL [2][3]. - The company will also participate in one-on-one meetings at the 37th Annual Roth Conference from March 16 to 18, 2025, in Dana Point, CA [3]. Group 2: Management Insights - Adam L. Michaels, Chairman and CEO, expressed enthusiasm about the company's operational improvements and new sales wins, which are expected to drive robust growth and profitability in fiscal 2026 [3]. - The company is focused on identifying potential acquisition opportunities to enhance its business and solidify its position as a leading deli solutions provider [3]. Group 3: Company Overview - Mama's Creations is a prominent marketer and manufacturer of fresh deli prepared foods, available in over 10,000 retail locations across the United States [4]. - The company aims to become a one-stop-shop deli solutions platform, leveraging vertical integration and a diverse brand portfolio to meet modern consumer demands [4].

Company Overview - Mama's Creations, Inc. is a leading national marketer and manufacturer of fresh deli prepared foods, available in over 10,000 grocery, mass, club, and convenience stores across the United States [4] - The company aims to become a one-stop-shop deli solutions platform, leveraging vertical integration and a diverse family of brands to meet modern consumer demands [4] Upcoming Investor Conferences - Management will participate in the ICR Conference 2025 on January 14, 2025, at 2:30 p.m. Eastern time in Orlando, FL, and the 37th Annual Roth Conference from March 16-18, 2025, in Dana Point, CA [3][2] - Adam L. Michaels, Chairman and CEO, will host a presentation and one-on-one meetings at both conferences [2] Strategic Focus and Growth Initiatives - The company is focused on ongoing operational improvements and new sales wins to position itself for robust growth and repeatable profitability in fiscal 2026 [3] - A full leadership team is now in place, and the company is actively seeking potential acquisition opportunities that are incremental to its business [3] - These initiatives are designed to solidify the company's position as the premier deli solutions provider in the nation [3]

Core Insights - Mama's Creations, Inc. reported third-quarter fiscal 2025 results with revenue growth but a decline in earnings per share [1][4] Financial Performance - Total revenues increased by 10% year over year to $31.5 million, surpassing the Zacks Consensus Estimate of $30.4 million, driven by effective pricing strategies and volume gains [5] - Quarterly earnings were reported at 1 cent per share, missing the Zacks Consensus Estimate of 4 cents and down 80% from 5 cents in the prior-year period [4] - Gross profit decreased by 17.6% to $7.1 million, with gross margin contracting by 750 basis points to 22.6% compared to 30.1% in the same quarter last year, primarily due to rising commodity costs and construction-related impacts [6] Operational Efficiency - The company completed significant capital expenditures aimed at doubling grilled chicken throughput and enhancing operational efficiency, despite facing temporary construction challenges [2] - Operating expenses rose by 10.5% year over year to $6.6 million, with operating expenses as a percentage of sales remaining relatively flat at 20.8% [8] Cash Flow and Debt Management - As of the end of the fiscal third quarter, the company had cash and cash equivalents of $9.3 million and total shareholders' equity of $23 million, with total debt at $6.3 million [10] - The company has paid down $2.5 million of debt year to date, and net cash flow from operations for the nine months ended October 31, 2024, was $6 million [10]