MamaMancini's Holdings, Inc. manufactures and distributes prepared, frozen, and refrigerated food products primarily in the United States. The company offers beef and turkey meatballs, meat loaf, chicken, and sausage-related products and pasta entrees with Sauce; and meats and sauces. It also provides ready to serve dinners, single-size pasta bowls, bulk deli, packaged refrigerated, and frozen products. The company sells its products to supermarkets and mass-market retailers, and food retailers and distributors. MamaMancini's Holdings, Inc. was founded in 2010 and is headquartered in East Rutherford, New Jersey.
IPO Year:
Exchange: NASDAQ
Website: mamamancinis.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/5/2022 | $4.84 → $3.25 | Speculative Buy | Taglich Brothers |
Taglich Brothers reiterated coverage of MamaMancini's Holdings with a rating of Speculative Buy and set a new price target of $3.25 from $4.85 previously
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8-K - Mama's Creations, Inc. (0001520358) (Filer)
Name Change Reflects Corporate Evolution Into a National Deli Prepared Foods Platform Company Common Shares to Trade on Nasdaq Capital Market Under New Ticker Symbol "MAMA" at Market Open Tomorrow EAST RUTHERFORD, NJ, Aug. 01, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced a corporate name change to Mama's Creations, Inc. – reflecting its evolution into a national deli prepared foods platform company. In conjunction with the name change, the Company's common shares will continue to trade on The Nasdaq Capital Market under the new ticker symbol "MAMA" beginning tomorrow, August
Acquisition Expected to be Accretive and Drive Immediate Gross Margin and Operating Expense Synergies $3.65 Million Purchase Price Composed of $2.15 Million of Cash in Two Tranches and $1.50 Million of Common Stock Payable in June 2025 EAST RUTHERFORD, NJ, June 29, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced that it has purchased the remaining 76% interest in Chef Inspirational Foods, Inc. ("CIF"), a deli prepared food sales agent, following up on the June 2022 acquisition of a 24% minority interest in CIF. The remaining 76% interest in CIF was purchased for $3.65 million
EAST RUTHERFORD, NJ, June 22, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced the pricing of an underwritten public secondary offering of 6,281,085 shares of its common stock by certain selling stockholders affiliated with Carl T. Wolf (the "Selling Stockholders") at a price to the public of $2.50 per share. In addition, the Selling Stockholders have granted the underwriters of the offering a 30-day option to purchase up to 942,163 additional shares of common stock at the public offering price, less underwriting discounts and commissions. MamaMancini's is not selling any shares i
First Quarter Gross Margins Grew to 27.6% with $1.4 Million in Net Income, Driven by Continued Margin Enhancement Initiatives Company Sequentially Grows Cash Position to $5.3 Million and Pays Down $0.5 Million in Debt in the First Quarter, Enabled by $1.6 Million in Cash Flow from Operations EAST RUTHERFORD, NJ, June 13, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, has reported its financial results for the fiscal first quarter ended April 30, 2023. Financial Summary: Three Months Ended April 30, $ in millions 2023 2022 % Increase Revenues $23.1 $21.8 6%
EAST RUTHERFORD, NJ, June 13, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced that management will participate in the Benzinga All-Access Show taking place Thursday, June 15th at 11:00 a.m. Eastern time. Adam Michaels, Chairman & Chief Executive Officer of MamaMancini's, is scheduled to host a fireside chat with Benzinga to discuss first quarter fiscal 2024 financial results, continued product innovation, and provide a corporate update as follows: Benzinga All-Access ShowDate: Thursday, June 15th, 2023Presentation Time: 11:00 a.m. Eastern timeWebcast: https://www.youtube.com/wa
EAST RUTHERFORD, NJ, June 07, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, will release financial results for the fiscal first quarter ended April 30, 2023 after market close on June 13, 2023. Management will host an investor conference call at 4:30 p.m. Eastern time on Tuesday, June 13, 2023 to discuss the Company's first quarter fiscal 2024 financial results, provide a corporate update, and conclude with Q&A from participants. To participate, please use the following information: Q1 FY2024 Earnings Conference CallDate: Tuesday, June 13, 2023Time: 4:30 p.m. Eastern timeU.S. Dial-in: 1-
EAST RUTHERFORD, NJ, June 06, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced the launch of four popular products in a branded meal sleeve format at IDDBA 2023, with initial orders already secured from two large national grocery chains. The International Dairy Deli Bakery Association (IDDBA) is a nonprofit trade association for food retailers, manufacturers, wholesalers, brokers, distributors, and other industry professionals. The IDDBA annual tradeshow – taking place June 4-6, 2023 in Anaheim, California – attracts more than 10,000 attendees and serves as a vital networking eve
On-the-Go Solutions with Significantly Expanded Shelf Life to Capture Incremental Snacking Occasions with Differentiated Customer Base EAST RUTHERFORD, NJ, June 05, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced the launch of a new series of On-the-Go products at IDDBA 2023 to expand upon the initial success of its Meatballs in a Cup product line in convenience store trials. The International Dairy Deli Bakery Association (IDDBA) is a nonprofit trade association for food retailers, manufacturers, wholesalers, brokers, distributors, and other industry professionals. The IDDBA
Marketing Veteran to Help Spearhead New Marketing Organization, Leveraging 16 Years of Experience Across the Mondelēz Family of Brands EAST RUTHERFORD, NJ, June 01, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced the appointment of former Mondelēz International marketing executive Lauren Sella to the newly created role of Chief Marketing Officer. Lauren Sella brings over 16 years of consumer and customer marketing experience and a proven track record of achievement in consumer-packaged goods. She has driven integrated marketing strategies for an array of prominent brands includ
New Platform to Feature Innovative Asian, Tex-Mex, Indian and Other International Foods to Address Full Spectrum of Retailer & Consumer Needs EAST RUTHERFORD, NJ, May 31, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced the launch of Mama's Creations, a new international deli foods platform brand, at IDDBA 2023 taking place June 4-6, 2023 in Anaheim, California. The International Dairy Deli Bakery Association (IDDBA) is a nonprofit trade association for food retailers, manufacturers, wholesalers, brokers, distributors, and other industry professionals. The IDDBA annual tradeshow
Acquisition Expected to be Accretive and Drive Immediate Gross Margin and Operating Expense Synergies $3.65 Million Purchase Price Composed of $2.15 Million of Cash in Two Tranches and $1.50 Million of Common Stock Payable in June 2025 EAST RUTHERFORD, NJ, June 29, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced that it has purchased the remaining 76% interest in Chef Inspirational Foods, Inc. ("CIF"), a deli prepared food sales agent, following up on the June 2022 acquisition of a 24% minority interest in CIF. The remaining 76% interest in CIF was purchased for $3.65 million
First Quarter Gross Margins Grew to 27.6% with $1.4 Million in Net Income, Driven by Continued Margin Enhancement Initiatives Company Sequentially Grows Cash Position to $5.3 Million and Pays Down $0.5 Million in Debt in the First Quarter, Enabled by $1.6 Million in Cash Flow from Operations EAST RUTHERFORD, NJ, June 13, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, has reported its financial results for the fiscal first quarter ended April 30, 2023. Financial Summary: Three Months Ended April 30, $ in millions 2023 2022 % Increase Revenues $23.1 $21.8 6%
EAST RUTHERFORD, NJ, June 07, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, will release financial results for the fiscal first quarter ended April 30, 2023 after market close on June 13, 2023. Management will host an investor conference call at 4:30 p.m. Eastern time on Tuesday, June 13, 2023 to discuss the Company's first quarter fiscal 2024 financial results, provide a corporate update, and conclude with Q&A from participants. To participate, please use the following information: Q1 FY2024 Earnings Conference CallDate: Tuesday, June 13, 2023Time: 4:30 p.m. Eastern timeU.S. Dial-in: 1-
Ongoing Margin Enhancement Initiatives Sequentially Grow Gross Margins to 28.2% with $1.8 Million in Net Income in the Fourth Quarter Company Grows Cash Position to $4.4 Million as of January 31, 2023; Concurrently Pays Down $3.2 Million in Debt in the Second Half of Fiscal 2023 EAST RUTHERFORD, NJ, April 26, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, has reported its financial results for the fourth quarter and fiscal year ended January 31, 2023. Financial Summary: Three Months Ended Jan. 31, Fiscal Year Ended Jan. 31, $ in millions 2023 2022 % Increase 2023 2022 %
EAST RUTHERFORD, NJ, April 13, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, will release financial results for the fiscal fourth quarter ended January 31, 2023 after market close on April 26, 2023. Management will host an investor conference call at 4:30 p.m. Eastern time on Wednesday, April 26, 2023 to discuss the Company's fourth quarter & fiscal year 2023 financial results, provide a corporate update, and conclude with a Q&A from participants. To participate, please use the following information: Q4 & FY2023 Earnings Conference CallDate: Wednesday, April 26, 2023Time: 4:30 p.m. Easte
EAST RUTHERFORD, NJ, Dec. 05, 2022 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, will release financial results for the fiscal third quarter ended October 31, 2022 after market close on December 12, 2022. "Reiterating my comments from the LD Micro conference, the third quarter of fiscal 2023 was highlighted by strong organic revenue growth from cross selling our portfolio of Deli solutions, as well as inorganic growth from the acquisition of T&L Creative Salads and Olive Branch," said Adam L. Michaels, CEO of MamaMancini's. "We also continue to harvest the ongoing success of our margin enhance
EAST RUTHERFORD, NJ, Sept. 07, 2022 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a marketer of specialty pre-prepared, frozen and refrigerated food products, will release financial results for the second quarter ended July 31, 2022, after market close on September 14, 2022. Management will host an investor conference call at 4:30 p.m. Eastern time on Wednesday, September 14, 2022 to discuss the Company's second quarter fiscal 2023 financial results, provide a corporate update, and conclude with a Q&A from participants. To participate, please use the following information: Q2 2023 Earnings Conference CallDate: Wednesday, September 14, 2022 Time: 4:30 p.m. Eastern time U
$1.2 Million, Immediately Accretive Investment is Highly Symbiotic with MamaMancini's Subsidiary T&L Creative Salads MamaMancini's Retains Option to Purchase Remainder of Company within 12 Months EAST RUTHERFORD, NJ, June 30, 2022 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a marketer and distributor of specialty pre-prepared all-natural foods, today announced it has signed a definitive agreement to acquire a 24 percent minority interest in Chef Inspirational Foods, Inc. ("CIF"), a leading developer, innovator, marketer and sales company selling fresh and frozen prepared foods, for an investment of $1.2 million, at an implied enterprise value for CIF of $5 million
Q1 Fiscal 2023 Revenues Increase 112% to Record $21.8 Million EAST RUTHERFORD, NJ, June 15, 2022 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a marketer and distributor of specialty pre-prepared all-natural foods, has reported its financial results for the fiscal first quarter ended April 30, 2022. Financial Summary: Three Months Ended April 30, $ in millions 2022 2021 % Increase Revenues $21.8 $10.3 111.7%Gross Profit $3.9 $3.3 15.4%Operating Expenses $3.6 $2.5 44.4%Net Income (Loss) $0.1 $0.6 -69.4%Earnings per Share (Diluted) $0.00 $0.02 -83.6%Adj. EBITDA (non-GAAP) $0.7 $1.1 -34.5% Management Commentary "The first quarter of f
EAST RUTHERFORD, NJ, June 10, 2022 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a marketer of specialty pre-prepared, frozen and refrigerated food products, will release financial results for the first quarter ended April 30, 2022, before market open on Wednesday, June 15, 2022. Management will host an investor conference call at 8:30 a.m. Eastern time on Wednesday, June 15, 2022 to discuss the Company's first quarter fiscal 2023 financial results, provide a corporate update, and conclude with a Q&A from participants. To participate, please use the following information: Q1 2023 Earnings Conference CallDate: Wednesday, June 15, 2022 Time: 8:30 a.m. Eastern time U.S
Marketing Veteran to Help Spearhead New Marketing Organization, Leveraging 16 Years of Experience Across the Mondelēz Family of Brands EAST RUTHERFORD, NJ, June 01, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced the appointment of former Mondelēz International marketing executive Lauren Sella to the newly created role of Chief Marketing Officer. Lauren Sella brings over 16 years of consumer and customer marketing experience and a proven track record of achievement in consumer-packaged goods. She has driven integrated marketing strategies for an array of prominent brands includ
Senior Supply Chain Executive to Enhance Margins by Driving Organization-Wide Procurement and Supply Chain Effectiveness EAST RUTHERFORD, NJ, April 11, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced the appointment of Joselina Peralta as the Company's first Chief Procurement Officer and Senior Vice President of End to End Supply Chain. Joselina Peralta brings over 20 years of leadership experience to MamaMancini's in the areas of Global Supply Chain Logistics, Procurement, Project Management and Customer Centricity in domestic and international markets. Peralta has suc
Respected Operations Executive Brings 20+ Years of Digital-First Consumer Experience to the MamaMancini's Board of Directors EAST RUTHERFORD, NJ, March 09, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced the appointment of consumer and digital technology executive Shirley Romig to its Board of Directors. Shirley brings more than 20 years of operations and public company corporate governance experience to the MamaMancini's Board of Directors. Shirley most recently served as CEO of Mixo, a startup building a new social commerce platform that simplifies digital food content cr
Carl Wolf to Retire from the MamaMancini's Board EAST RUTHERFORD, NJ, Feb. 01, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced the appointment of CEO Adam L. Michaels as Chairman, effective February 1, 2023, concurrent with the retirement of Carl Wolf. Mr. Wolf served as Chairman and Chief Executive Officer of MamaMancini's from 2010 until retiring from the position in 2022. Since then, he has continued to serve as Chairman of the Board, providing guidance and leadership leveraging over 40 years of experience in the food industry. "For more than a decade, Carl's contributions
Seasoned Human Resources Executive Brings 20+ Years of Experience to the Board of Directors EAST RUTHERFORD, NJ, Dec. 19, 2022 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced the appointment of seasoned human resources (HR) executive Meghan Henson to its Board of Directors. Meghan Henson is a senior executive with over 20 years of experience as a versatile human resources professional, leading HR strategy and execution at leading global organizations. Ms. Henson is currently Executive Vice President and Chief Human Resources Officer (CHRO) at Avantor, a leading global provider o
EAST RUTHERFORD, NJ, Sept. 12, 2022 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ: MMMB, a leading marketer and manufacturer of fresh, clean and easy to prepare foods, today announced that it has appointed Anthony J. Gruber as Chief Financial Officer for the Company, effective September 19, 2022. Mr. Gruber brings proven capabilities in global financial management and operations with a strong background in financial analytics, controls, banking relationships, margin enhancement, and cash flow management. Previously he was Chief Financial Officer at De'Longhi America, Inc., an Italian small appliance manufacturer, leading a team in support of the 120-employee, $400M North Americ
Carl Wolf to Retire from Position as CEO; Remain as Chairman of the Board of Directors EAST RUTHERFORD, NJ, June 23, 2022 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB), a marketer and distributor of specialty pre-prepared all-natural foods, today announced that respected food industry executive Adam L. Michaels has been appointed as Chief Executive Officer and as member of the Board of Directors of MamaMancini's, effective September 6, 2022. At that time, Carl Wolf will retire from his position as CEO and will continue to serve as Chairman of the Board of Directors. Adam Michaels is an experienced food industry executive and former management consultant with broad experi
West Point and Wharton Graduate, M&A Executive and Former Special Forces Officer to Join Board; Patrick Connor Haley to Concurrently Resign to Pursue Other Business Obligations EAST RUTHERFORD, NJ, June 13, 2022 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ:MMMB)(the "Company"), a marketer and distributor of specialty pre-prepared all-natural foods, today announced that the Company has appointed M&A industry veteran Mike Kay to the Board of Directors, effective immediately. Concurrently, Patrick Connor Haley has submitted his resignation as Director of the Company to pursue other business obligations. Mike is an Operating Partner at Angeles Equity Partners, where he is respons