Mama’s Creations Reports Fourth Quarter and Fiscal Year 2024 Financial Results
EAST RUTHERFORD, NJ, April 24, 2024 (GLOBE NEWSWIRE) -- Mama’s Creations, Inc. (Nasdaq: MAMA), a leading national marketer and manufacturer of fresh deli prepared foods, has reported its financial results for fourth quarter and fiscal year ended January 31, 2024.
- Operating expenses totaled $5.9 million in the fourth quarter of fiscal 2024, as compared to $4.5 million in the same year-ago quarter.
- As a percentage of sales, operating expenses increased in the fourth quarter of 2024 to 21.9% from 19.9%.
- Adjusted EBITDA, a non-GAAP measure, increased 22% to $2.9 million for the fourth quarter of fiscal 2024, as compared to $2.4 million in the same year-ago quarter.
- Management will host an investor conference call at 4:30 p.m. Eastern time on Wednesday, April 24, 2024 to discuss the Company’s fourth quarter and fiscal year 2024 financial results, provide a corporate update, and conclude with Q&A from telephone participants.