MamaMancini's Holdings, Inc.

MamaMancini's Holdings, Inc.

MMMB
MamaMancini's Holdings, Inc.US flagNASDAQ Capital Market
3.75
USD
+0.04
- -
136.82MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

MCPAPIChat
CEO
Adam L. Michaels
Sector
Consumer Defensive
Industry
Packaged Foods
Address
25 Branca Road East Rutherford NJ United States of America 07073
IPO Date
Jul 19, 2021
Business
MamaMancini's Holdings, Inc., now operating under the name Mama's Creations, Inc. since August 2023, is a national marketer and manufacturer of fresh deli prepared foods primarily in the United States. The company offers an extensive portfolio of over 50 product offerings including all-natural Italian specialty prepared, refrigerated, and frozen foods. These products include meatballs, meat loaf, chicken parmesan, sausages, dinner kits with beef, turkey, chicken, and pork varieties, as well as salads and ready-to-eat meals. MamaMancini’s products are sold mainly through supermarkets, mass merchandisers, club stores, and convenience stores in deli, fresh meat, salad bar, and foods-to-go sections. The company also operates a USDA-certified state-of-the-art production facility, expanding its market reach nationally from its base in Farmingdale, New York. Recent major developments include the acquisition of the remaining interest in Chef Inspirational Foods, a deli prepared food sales agent, completed in mid-2023, which is expected to add immediate gross margin and operating expense synergies. The company also expanded its fresh meal lineup in 2023 with four new branded sleeve products such as Roman Rice with Chicken Cacciatore and Italian Style Sauce with Pork Sausage. These introductions complement existing portfolio items and address labor constraints faced by grocery store operators. These strategic moves support enhanced operational execution aimed at long-term value creation for shareholders. Founded in 1998 and headquartered in East Rutherford, New Jersey, the company focuses on delivering authentic home-style Italian food products prepared in a way that reflects traditional recipes. Its target markets are grocery retailers, food distributors, and deli operators nationwide. MamaMancini's Holdings transitioned its corporate identity to Mama's Creations, Inc. to reflect its evolution into a broader national deli prepared foods platform company, incorporating synergies from acquired entities and expanding distribution networks. Thus, Mama's Creations, Inc. presents a comprehensive product lineup combining traditional Italian flavors with fresh deli convenience, positioned through strategic acquisitions and product innovations to grow its footprint across major U.S. retail channels. The company remains focused on increasing gross margins, expanding product offerings, and leveraging its distribution capabilities to serve a broad customer base from supermarkets to club stores.

Company News

MCPAPIChat
  • MamaMancini's Announces Corporate Name Change to Mama's Creations and Ticker Change to MAMA

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  • MamaMancini's Holdings, Inc. (MMMB) Q1 2024 Earnings Call Transcript

  • Mamamancini'S Holdings, Inc. (MMMB) Q1 Earnings and Revenues Top Estimates

  • MamaMancini's to Host First Quarter Fiscal 2024 Earnings Call on June 13 at 4:30 p.m. Eastern Time

  • MamaMancini's to Present at 13th Annual LD Micro Invitational

  • MamaMancini's Holdings, Inc. (MMMB) Q4 2023 Earnings Call Transcript

  • Mamamancini'S Holdings, Inc. (MMMB) Q4 Earnings Beat Estimates

  • MamaMancini's to Participate in Upcoming Investor Conferences

  • MamaMancini's to Host Fourth Quarter & Fiscal Year 2023 Earnings Call on April 26 at 4:30 p.m. Eastern Time

  • MamaMancini's to Present at the Diamond Equity Research Emerging Growth Invitational on Wednesday, April 5th

  • Mamamancini'S Holdings, Inc. (MMMB) Is a Trending Stock: Facts to Know Before Betting on It