Mama’s Creations, Inc. will release fiscal Q3 results on December 16, 2024, after changing auditors. Conference call scheduled.
Quiver AI Summary
Mama's Creations, Inc. has announced the rescheduling of its fiscal third quarter financial results for the period ending October 31, 2024, to be released after market close on December 16, 2024. The delay is due to the company's recent change of auditors and the ongoing finalization of financial statements. An investor conference call will be held on the same day at 4:30 p.m. Eastern Time to discuss the financial results and provide updates, followed by a Q&A session. The company, known for its fresh deli prepared foods, aims to be a comprehensive deli solutions provider. Further information and participation details for the call have been provided.
Potential Positives
- The company is preparing to release its fiscal third quarter financial results, indicating ongoing operational activity and transparency with investors.
- The rescheduled investor conference call will provide a direct channel for stakeholders to engage with management, receiving both financial insights and corporate updates.
- The announcement underlines Mama's Creations' positioning as a leading national marketer and manufacturer in the deli prepared foods sector, with a presence in over 8,000 stores, reinforcing brand visibility and consumer reach.
- The company's vision of becoming a one-stop-shop deli solutions platform highlights its strategic growth intentions and adaptability to market demands.
Potential Negatives
- Rescheduling the release of financial results may create uncertainty among investors about the company’s financial health and operational stability.
- The change in auditors could raise concerns regarding the company's financial reporting and governance practices.
- The need to finalize financial statements indicates potential delays or issues in the company's reporting processes, which could negatively impact investor confidence.
FAQ
What is the new date for Mama's Creations Q3 2025 financial results release?
The fiscal third quarter financial results will be released on December 16, 2024, after market close.
When is the investor conference call for Mama's Creations?
The rescheduled investor conference call will take place on December 16, 2024, at 4:30 p.m. Eastern time.
How can I participate in Mama's Creations Q3 earnings call?
To participate, call 1-877-451-6152 in the U.S. or 1-201-389-0879 internationally, using Conference ID: 13749939.
Will there be a replay available for the earnings call?
Yes, a playback of the call will be available until January 16, 2024, using replay pin number 13749939.
Where can I find more information about Mama's Creations?
For more information, visit the company's website at https://mamascreations.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MAMA Insider Trading Activity
$MAMA insiders have traded $MAMA stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $MAMA stock by insiders over the last 6 months:
- ADAM LAURANCE MICHAELS (Chief Executive Officer) sold 65,898 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MAMA Hedge Fund Activity
We have seen 65 institutional investors add shares of $MAMA stock to their portfolio, and 70 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ANNEX ADVISORY SERVICES, LLC added 624,289 shares (+693.5%) to their portfolio in Q3 2024
- PORTOLAN CAPITAL MANAGEMENT, LLC added 609,605 shares (+177.2%) to their portfolio in Q3 2024
- SILVERCREST ASSET MANAGEMENT GROUP LLC added 517,592 shares (+inf%) to their portfolio in Q3 2024
- HILLSDALE INVESTMENT MANAGEMENT INC. removed 463,030 shares (-100.0%) from their portfolio in Q3 2024
- HEARTLAND ADVISORS INC removed 450,000 shares (-52.9%) from their portfolio in Q3 2024
- DEUTSCHE BANK AG\ removed 429,911 shares (-99.8%) from their portfolio in Q3 2024
- WASATCH ADVISORS LP removed 383,361 shares (-9.7%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
EAST RUTHERFORD, NJ, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Mama’s Creations, Inc. (NASDAQ: MAMA), a leading national marketer and manufacturer of fresh deli prepared foods, today announced that it will reschedule the release of its fiscal third quarter financial results for the period ended October 31, 2024 to after market close on Monday, December 16, 2024.
As previously announced, the Company changed its auditor on October 21, 2024. The Company is in the process of completing the finalization of the financial statements for the third quarter of fiscal 2025. Therefore, the Company will host a rescheduled investor conference call at 4:30 p.m. Eastern time on Monday, December 16, 2024 to discuss the Company’s third quarter fiscal 2025 financial results, provide a corporate update, and conclude with Q&A from telephone participants. To participate, please use the following information:
Q3 FY2025 Earnings Conference Call
Date: Monday, December 16, 2024
Time: 4:30 p.m. Eastern time
U.S. Dial-in: 1-877-451-6152
International Dial-in: 1-201-389-0879
Conference ID: 13749939
Webcast:
MAMA Q3 FY2025 Earnings Conference Call
Please join at least five minutes before the start of the call to ensure timely participation.
A playback of the call will be available through Thursday, January 16, 2024. To listen, please call 1-844-512-2921 within the United States and Canada or 1-412-317-6671 when calling internationally, using replay pin number 13749939. A webcast replay will also be available using the webcast link above.
About Mama’s Creations, Inc.
Mama’s Creations, Inc. (Nasdaq: MAMA) is a leading marketer and manufacturer of fresh deli prepared foods, found in over 8,000 grocery, mass, club and convenience stores nationally. The Company’s broad product portfolio, born from MamaMancini’s rich history in Italian foods, now consists of a variety of high quality, fresh, clean and easy to prepare foods to address the needs of both our consumers and retailers. Our vision is to become a one-stop-shop deli solutions platform, leveraging vertical integration and a diverse family of brands to offer a wide array of prepared foods to meet the changing demands of the modern consumer. For more information, please visit https://mamascreations.com .
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include information about management’s view of the Company’s future expectations, plans and prospects, including future business opportunities or strategies and are generally preceded by words such as “may,” “believe,” “future,” “plan” or “planned,” “will” or “should,” “expect,” “anticipates,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of known and unknown risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Certain of these risk factors and others are included in documents the Company files with the Securities and Exchange Commission, including but not limited to, the Company’s Annual Report on Form 10-K for the year ended January 31, 2023, as well as subsequent reports filed with the Securities and Exchange Commission.
Investor Relations Contact:
Lucas A. Zimmerman
Managing Director
MZ Group - MZ North America
(949) 259-4987
[email protected]
www.mzgroup.us