Mama's Creations, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2023
December 12, 2023 at 04:16 pm EST
Share
Mama's Creations, Inc. reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported sales was USD 28.65 million compared to USD 25.69 million a year ago. Net income was USD 2.01 million compared to USD 1.1 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to USD 0.03 a year ago.
For the nine months, sales was USD 76.56 million compared to USD 70.37 million a year ago. Net income was USD 5.15 million compared to USD 0.459 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 0.01 a year ago.
Mamaâs Creations, Inc., formerly MamaManciniâs Holdings, Inc., is a marketer and manufacturer of fresh deli prepared foods. The Companyâs broad product portfolio consists of a variety of fresh, clean and easy to prepare foods to address the needs of both its consumers and retailers. The Companyâs brands include MamaManciniâs, Creative Salads, and The Olive Branch. MamaManciniâs provides beef meatballs, turkey meatballs, stuffed meatballs, and lasagna rollups. Creative Salads offers a full line of foods ready for deli case, catering job, or party. The Olive Branch is engaged in providing olive products and specialty items.