Mama's Creations, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 31, 2023
September 12, 2023 at 02:19 pm EDT
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Mama's Creations, Inc. reported earnings results for the second quarter and six months ended July 31, 2023. For the second quarter, the company reported sales was USD 24.79 million compared to USD 22.85 million a year ago. Net income was USD 1.74 million compared to net loss of USD 0.743246 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to basic loss per share from continuing operations of USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to diluted loss per share from continuing operations of USD 0.02 a year ago.
For the six months, sales was USD 47.91 million compared to USD 44.68 million a year ago. Net income was USD 3.14 million compared to net loss of USD 0.639549 million a year ago. Basic earnings per share from continuing operations was USD 0.09 compared to basic loss per share from continuing operations of USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to diluted loss per share from continuing operations of USD 0.02 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.