Why Mama's Creations Stock Surged Today
New partnerships with Costco and Target are set to boost sales and profits.Shares of Mama's Creations (MAMA +28.44%) leaped 28% on Tuesday after the deli-prepared food maker reported impressive growth metrics. A crowning achievement Mama's third-quarter revenue rocketed 50% higher year over year to $47.3 million, fueled by double-digit organic sales growth and the company's recent acquisition of Crown 1 Enterprises.Mama purchased Crown 1's assets from food distribution giant Sysco in September for $17.5 mi ...