MamaMancini's Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2022
December 12, 2022 at 04:16 pm EST
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MamaMancini's Holdings, Inc. reported earnings results for the third quarter and nine months ended October 31, 2022. For the third quarter, the company reported sales was USD 25.69 million compared to USD 10.85 million a year ago. Net income was USD 1.1 million compared to net loss of USD 0.005455 million a year ago. Basic earnings per share from continuing operations was USD 0.03. Diluted earnings per share from continuing operations was USD 0.03.
For the nine months, sales was USD 70.37 million compared to USD 33.23 million a year ago. Net income was USD 0.458391 million compared to USD 1.06 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to USD 0.03 a year ago.
Mama's Creations, Inc. is a marketer and manufacturer of fresh deli prepared foods, found in over 8,000 grocery, mass, club and convenience stores nationally. The Company's product portfolio consists of a variety of easy to prepare foods to address the needs of both its consumers and retailers. Its product line includes all-natural specialty prepared refrigerated foods for sale in retailers around the country. Its primary products include beef and turkey meatballs, meat loaf, chicken, sausage-related products and pasta entrees. Its brands include MamaMancini's, Creative Salads and The Olive Branch. Its products include the Mama Mancini's brand featuring many all-natural meals that contain a minimum number of ingredients, many of which are derived from the original recipes of Anna Mama Mancini. It has more than 50 product offerings that are packaged in different sized retail and bulk packages. Its products are principally sold to supermarkets, club chains, and mass-market retailers.
MAMA'S CREATIONS, INC. 
