Mama's Creations Inc MAMA

Consumer Defensive Packaged Foods

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.

NDAQ:MAMA - Post by User

Mama's Creations Inc

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Post by fredo1on Oct 07, 2019 7:58am

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Post# 30202667

Unloved.

Business appears back in growth mode based on new product and lots of new placements. Saw beginning of sequential sales ramp in July quarter. Management says $9 mil in Oct Q and $10 mil in 4Q with better margins. Debt reduction provides a modest earnings tailwind. Looks undervalued at $22 mil mkt cap. I est sales at $43 mil next year assuming good sell through on their new product intros.

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