Mama’s Creations reports Q3 EPS 1c, consensus (1c)

Reports Q3 revenue $47.27M, consensus $43.21M. Adam Michaels, chairman and CEO of Mama‘s Creations (MAMA), said: “Our third quarter demonstrated meaningful momentum in scaling the business. With the integration of the business of Crown 1 underway, we delivered broad-based growth across our protein portfolio, deployed high-return trade and marketing investments, leveraging newly added retail doors and cross-selling. We also implemented targeted price increases across both our beef and chicken portfolios to help offset commodity headwinds, while improvements in chicken operations enhanced throughput and lowered overtime, helping us meet our margin objectives.”