Mama’s Creations will announce Q3 fiscal 2025 results on December 10, 2024, followed by a conference call for investors.
Quiver AI Summary
Mama's Creations, Inc. (NASDAQ: MAMA), a prominent marketer and manufacturer of fresh deli prepared foods, will announce its financial results for the third quarter of fiscal 2025, which ended on October 31, 2024, after market close on December 10, 2024. Following the release, management will hold an investor conference call at 4:30 p.m. Eastern time on the same day to discuss the results, provide updates, and answer questions. CEO Adam L. Michaels highlighted strong sales growth and new store placements, including partnerships with Walmart and a major club store, and noted improvements in production due to lower chicken prices. The company remains focused on operational efficiency and plans to leverage its comprehensive range of products to meet consumer demands, positioning itself for future success in the deli market.
Potential Positives
- Mama's Creations is hosting an investor conference call to discuss Q3 financial results, highlighting transparency and shareholder engagement.
- The company has achieved new placements at Walmart and upcoming product rotations at major club stores, indicating growth and expansion in distribution.
- Management notes a return to improved production and strong sales momentum, supported by lower chicken prices, reflecting operational improvements.
- The company's strategic investments and new executive team are in place to drive operational efficiency and capitalize on future sales opportunities.
Potential Negatives
- Management acknowledges ongoing challenges related to construction-related pressures that affected production early in the quarter, indicating operational disruptions.
- Forward-looking statements clarify that results may differ materially from expectations, highlighting potential uncertainties in future performance.
- References to a complete executive team build-out may suggest prior leadership instability or restructuring that could have impacted operations.
FAQ
When will Mama’s Creations release its third quarter financial results?
Mama’s Creations will release its financial results on December 10, 2024, after market close.
What time is the investor conference call on December 10, 2024?
The investor conference call will be held at 4:30 p.m. Eastern time on December 10, 2024.
How can I participate in the Mama’s Creations earnings call?
To participate, dial 1-877-451-6152 (U.S.) or 1-201-389-0879 (international) with conference ID 13749939.
Will there be a replay of the earnings call available?
Yes, a playback of the call will be available until January 10, 2024, using replay pin number 13749939.
Where can I find more information about Mama’s Creations, Inc.?
Visit https://mamascreations.com for more information about Mama’s Creations, Inc.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MAMA Insider Trading Activity
$MAMA insiders have traded $MAMA stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $MAMA stock by insiders over the last 6 months:
- ADAM LAURANCE MICHAELS (Chief Executive Officer) sold 65,898 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MAMA Hedge Fund Activity
We have seen 65 institutional investors add shares of $MAMA stock to their portfolio, and 70 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ANNEX ADVISORY SERVICES, LLC added 624,289 shares (+693.5%) to their portfolio in Q3 2024
- PORTOLAN CAPITAL MANAGEMENT, LLC added 609,605 shares (+177.2%) to their portfolio in Q3 2024
- SILVERCREST ASSET MANAGEMENT GROUP LLC added 517,592 shares (+inf%) to their portfolio in Q3 2024
- HILLSDALE INVESTMENT MANAGEMENT INC. removed 463,030 shares (-100.0%) from their portfolio in Q3 2024
- HEARTLAND ADVISORS INC removed 450,000 shares (-52.9%) from their portfolio in Q3 2024
- DEUTSCHE BANK AG\ removed 429,911 shares (-99.8%) from their portfolio in Q3 2024
- WASATCH ADVISORS LP removed 383,361 shares (-9.7%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
EAST RUTHERFORD, NJ, Nov. 26, 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 third quarter ended October 31, 2024 after market close on December 10, 2024.
Management will host an investor conference call at 4:30 p.m. Eastern time on Tuesday, December 10, 2024 to discuss the Company’s third quarter fiscal 2025 financial results, provide a corporate update, and conclude with Q&A from telephone participants. To participate, please use the following information:
Q3 FY2025 Earnings Conference Call
Date: Tuesday, December 10, 2024
Time: 4:30 p.m. Eastern time
U.S. Dial-in: 1-877-451-6152
International Dial-in: 1-201-389-0879
Conference ID: 13749939
Webcast:
MAMA Q3 FY2025 Earnings Conference Call
Please join at least five minutes before the start of the call to ensure timely participation.
Adam L. Michaels, Chairman and CEO of Mama’s Creations, said: “We continued to execute in the third quarter, with a robust cadence of sales wins highlighted by new placements, such as the Company’s first-ever at Walmart with two SKUs and an upcoming rotation with a new product at a major club store. While we certainly saw the tail end of construction-related pressures in Farmingdale in the first half of the quarter – as noted in our last earnings call – we have since returned to improved production and a strong October on the back of lower chicken prices and more consistent grilling operations.
“Following strategic CapEx investments and the recent completion of our executive team build-out, our team is ready and able to execute upon the new slate of operational efficiency and sales opportunities ahead of us. As we continue to receive market recognition in the form of industry awards and ultimately higher sales, I believe we are incredibly well positioned to become a leading force in the deli with the goal of driving sustainable, long-term value for my fellow shareholders,” concluded Michaels.
A playback of the call will be available through Friday, January 10, 2024. To listen, please call 1-844-512-2921 within the United States and Canada or 1-412-317-6671 when calling internationally, using replay pin number 13749939. A webcast replay will also be available using the webcast link above.
About Mama’s Creations, Inc.
Mama’s Creations, Inc. (NASDAQ: MAMA) is a leading marketer and manufacturer of fresh deli prepared foods, found in over 8,000 grocery, mass, club and convenience stores nationally. The Company’s broad product portfolio, born from MamaMancini’s rich history in Italian foods, now consists of a variety of high quality, fresh, clean and easy to prepare foods to address the needs of both our consumers and retailers. Our vision is to become a one-stop-shop deli solutions platform, leveraging vertical integration and a diverse family of brands to offer a wide array of prepared foods to meet the changing demands of the modern consumer. For more information, please visit https://mamascreations.com .
Forward-Looking Statements
This press release 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 cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company's 10-K for the fiscal year ended January 31, 2023 and other filings made by the Company with the Securities and Exchange Commission.
Investor Relations Contact:
Lucas A. Zimmerman
Managing Director
MZ Group - MZ North America
(949) 259-4987
[email protected]
www.mzgroup.us