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MamaMancini's Holdings, Inc. (MMMB)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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1.0800-0.0200 (-1.82%)
At close: 04:00PM EDT
1.0400 -0.06 (-5.45%)
After hours: 04:09PM EDT

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  • M
    Michiel
    What about the MamaMancini products at the Aldi in The Netherlands (and probably Germany) like lasagne and fresh pasta? Is this a part of MMMB or..? Does anyone know?
  • K
    K-Mon
    Got an invite to take an online survey from Dan Mancini but won’t take it since I’ve never tried their meatballs. I would try but my store doesn’t carry Mama.
  • A
    A36er
    Like the revenue growth but gross profit is well.....gross
  • R
    Robert
    let's hope we get the significant momentum Adam mentioned for 2023!
  • R
    Robert
    doubled my shares on the dip today!
  • J
    Joe
    I hope the deal with convenience stores goes well. I think it will. Mmmb thinks they will have a $100 million in sales.
  • A
    A36er
    K-Mon

    It will be interesting to see what management has to say about the (gross) sales figures. I got them having a better Q4 on gross sales this year. I cant figure the gross sales from the TnL acquisition....no provision in the 10k separating them to my knowledge. Roughly 600k more gross sales this quarter than last year's just flat subtracting the 3.37M stipulated in the 10k but that factors ( less Slotting. Discounts, Promotions, and Allowances) so gross could potentially be less.

    The loss is disappointing but understandable given the inflation pricing pressures everywhere. My focus was on the sales and they are improving. Margins will improve over time as sales continue to increase and pricing stabilizes.

    Stock price will do whatever it does next week.....if it goes below a buck I'll add.
  • P
    Plann Mann
    Looks like earnings were a bit of a letdown but with some nice opportunities going forward. New products, acquisition 'moving forward' and a distinct possibility for $100 million/year annual revenue. Inflationary costs hit the EPS this past quarter but that should start easing a price points can be adjusted. I'm guessing by end of 2022 share price will have hit $3.5-$4 with sales in excess of $60 million to be conservative as a potential acquisition may or may not occur.
  • m
    misrespet
    Wow, great webcast 3-12-21. Capacity about double current sales, 15k new sales customers coming online to be added to a 45k now, cash for acquisitions in the 12 to $30 mill range.
  • D
    Dennis
    I am upbeat on this company as it has been recommended at the Bowser Report for a couple years and I have owned for that amount of time and just added more shares because of the uplifting talk. Plus they have products in Costco and that is important to me.
  • D
    Disa Sadi
    I cant really see the details on the 7.5 mill note and the interest ... Would havento check but this seems like a good buy. So MMMB gets the distrubution network of the two companies through which they can sell their products and the other two companies as well ...

    Here I was expecting one acquisition and these guys pull off two at the same time ...
  • m
    misrespet
    Ok numbers and with projections of near acquisitions taking us to 100m in revenues in 18 months or so we are still on the path to $5.00 or better.
  • m
    misrespet
    With the continued growth of about 20% we are likely to bump $5.00 by year-end..
  • m
    misrespet
    A good chance that the new QVC increase sales time and the added retail outlets will reflect in a higher quarter.
  • D
    Disa Sadi
    If I'm wrong, please do tell me. Their margins will remain compressed because of high oil prices and russian-Ukraine conflict. Given that these countries export a lot of agro-products?

    So revenue will go up but net income will limp along untik these factors resolve themselves.

    Right? Or am I wrong completely?
  • I
    Investing
    I'm not sure why there are so many people here questioning management's intentions. Thats never been a concern here- clearly they're aligned with shareholders (Carl himself owns 20% of all shares outstanding and his son-in-law owns 16%. Carl takes a lot of pride in the business and so its only a mater of questioning if the choices he makes are rational and long-term in nature. Despite beating sales estimates, what concerns me is the dramatic decrease in gross margins. I hope they'll address TnL and OB's gross margins in past years and what they currently are. I think for the fourth-quarter, gross margins dropped to 17% which is shocking. They seem to have cut back on opex once the one time expenses are taken out and that's the only reason why earnings weren't much lower. If they're able to bring back gross margins to 30% or even 25%, operating margins for the business could be anywhere from 7-10%. Things could get ugly if by next quarter they're unable to bring back gross margins to former levels. I just hope that Carl didn't make this acquisition in haste- its hard to know what gross and operating margins were for the business upon acquisition as they didn't break it out
  • I
    Investing
    Thoughts on Carl stepping down in September?
  • m
    misrespet
    I think the up-listing will be good for a dollar in price, and the growth good for another buck. See you at $5.00
  • J
    Joe
    I think I finally understand what's keep the stock price from going wild: 1. the slow but steady growth, 2. markets like fast growing companies, 3. markers don't like small caps, 4. the stock market seems to treat mmmb like a private company. 5. mmmb has pizzazz on that food channel but not for the market. Now if we can to grow every year, the market can't always ignore us.