{"id":783568,"date":"2023-09-12T17:50:42","date_gmt":"2023-09-12T21:50:42","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mamas-creations-reports-second-quarter-fiscal-2024-financial-results\/"},"modified":"2023-09-12T17:50:42","modified_gmt":"2023-09-12T21:50:42","slug":"mamas-creations-reports-second-quarter-fiscal-2024-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mamas-creations-reports-second-quarter-fiscal-2024-financial-results\/","title":{"rendered":"Mama\u2019s Creations Reports Second Quarter Fiscal 2024 Financial Results"},"content":{"rendered":"
\n

\n Second<\/em>
\n Quarter <\/em>
\n Gross Margins <\/em>
\n Gr<\/em>
\n e<\/em>
\n w to<\/em>
\n 30.3<\/em>
\n %<\/em>
\n , Driving <\/em>
\n $<\/em>
\n 1<\/em>
\n .7<\/em>
\n Million in Net Income<\/em>\n <\/p>\n

\n Successful Cross Selling Initiatives <\/em>
\n Spur<\/em>
\n Increase in <\/em>
\n Weighted <\/em>
\n Average Items Carried<\/em>
\n By<\/em>
\n More Than <\/em>
\n One Full Point to Over<\/em>
\n 7 in <\/em>
\n the Second Quarter<\/em>\n <\/p>\n

\n EAST RUTHERFORD, NJ, Sept. 12, 2023 (GLOBE NEWSWIRE) — <\/strong>
\n Mama\u2019s Creations, Inc.<\/a> (NASDAQ: MAMA), a leading national marketer and manufacturer of fresh Deli prepared foods, has reported its financial results for the fiscal second quarter ended July 31, 2023.<\/p>\n

\n Financial Summary:<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n Three Months Ended <\/strong>
\n July 31<\/strong>
\n ,<\/strong>\n <\/td>\n<\/tr>\n
\n $ in millions<\/em>\n <\/td>\n\u00a0<\/td>\n\n 202<\/strong>
\n 3<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n 202<\/strong>
\n 2<\/strong>\n <\/td>\n		\u00a0<\/td>\n\n % Increase <\/strong>\n <\/td>\n<\/tr>\n
\n Revenues<\/strong>\n <\/td>\n$<\/td>\n24.8<\/td>\n$<\/td>\n22.9<\/td>\n\u00a0<\/td>\n8.5<\/td>\n%<\/td>\n<\/tr>\n
\n Gross Profit<\/strong>\n <\/td>\n$<\/td>\n7.5<\/td>\n$<\/td>\n2.7<\/td>\n\u00a0<\/td>\n175<\/td>\n%<\/td>\n<\/tr>\n
\n Operating Expenses<\/strong>\n <\/td>\n$<\/td>\n5.2<\/td>\n$<\/td>\n3.6<\/td>\n\u00a0<\/td>\n47<\/td>\n%<\/td>\n<\/tr>\n
\n Net Income (Loss)<\/strong>\n <\/td>\n$<\/td>\n1.7<\/td>\n$<\/td>\n(0.7<\/td>\n)<\/td>\n335<\/td>\n%<\/td>\n<\/tr>\n
\n Earnings per Share (Diluted)<\/strong>\n <\/td>\n$<\/td>\n0.05<\/td>\n$<\/td>\n(0.02<\/td>\n)<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Adj. EBITDA (non-GAAP)<\/strong>\n <\/td>\n$<\/td>\n2.9<\/td>\n$<\/td>\n(0.4<\/td>\n)<\/td>\n857<\/td>\n%<\/td>\n<\/tr>\n<\/table>\n

\n
\n
\n <\/strong>\n <\/p>\n

\n Key <\/strong>
\n Second<\/strong>
\n Quarter<\/strong>
\n Fiscal <\/strong>
\n 2024<\/strong>
\n & Subsequent Operational Highlights:<\/strong>\n <\/p>\n