International Dairy-Deli-Bakery Association

Mama’s Creations Reports Second Quarter Fiscal 2024 Financial Results

Retrieved on: 
Tuesday, September 12, 2023

EAST RUTHERFORD, NJ, Sept. 12, 2023 (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 the fiscal second quarter ended July 31, 2023.

Key Points: 
  • Revenue for the second quarter of fiscal 2024 increased 8.5% to $24.8 million, as compared to $22.9 million in the same year-ago quarter.
  • Operating expenses totaled $5.2 million in the second quarter of fiscal 2024, as compared to $3.6 million in the same year-ago quarter.
  • As a percentage of sales, operating expenses increased in the second quarter of fiscal 2024 to 21.1% from 15.6%.
  • Management will host an investor conference call at 4:30 p.m. Eastern time today, September 12, 2023 to discuss the Company’s second quarter fiscal 2024 financial results, provide a corporate update, and conclude with Q&A from participants.

SVN® Forges Ahead In New Growth Phase With Global Hospitality Leader, Nicolas Boudet, Joining Board of Directors

Retrieved on: 
Wednesday, August 16, 2023

Boudet brings an unparalleled wealth of experience in the restaurant and hospitality sector.

Key Points: 
  • Boudet brings an unparalleled wealth of experience in the restaurant and hospitality sector.
  • Nicolas previously served as Taco Bell® Corp’s Chief Development Officer and Franchising for the U.S. business, a subsidiary of Yum!
  • Boudet expressed his enthusiasm to join SVN’s Board of Directors during the company’s new growth phase, stating, “I couldn’t be more thrilled to be appointed as a member to the SVN Board of Directors.
  • His arrival also complements the recent addition of Brian Pallas to the SVN Board of Directors, emphasizing SVN’s focus on digital innovation and entrepreneurial growth.

MamaMancini’s Announces Corporate Name Change to Mama’s Creations and Ticker Change to MAMA

Retrieved on: 
Tuesday, August 1, 2023

EAST RUTHERFORD, NJ, Aug. 01, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ: MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced a corporate name change to Mama’s Creations, Inc. – reflecting its evolution into a national deli prepared foods platform company. In conjunction with the name change, the Company’s common shares will continue to trade on The Nasdaq Capital Market under the new ticker symbol “MAMA” beginning tomorrow, August 2, 2023. No action is required by the Company’s shareholders as a result of these changes.

Key Points: 
  • In conjunction with the name change, the Company’s common shares will continue to trade on The Nasdaq Capital Market under the new ticker symbol “MAMA” beginning tomorrow, August 2, 2023.
  • No action is required by the Company’s shareholders as a result of these changes.
  • To reflect the changes, Mama’s Creations has launched a new corporate and investor relations website at www.mamascreations.com .
  • We are now launching new products under the Mama’s Creations family of brands including General Tso’s Chicken, vegetarian Chana Masala, Beef Fajitas, Korean-Inspired Meatballs and more.

International Dairy Queen and CFB Group Announce Plans to Open 180 Food-Centric DQ Restaurants in China by 2034

Retrieved on: 
Tuesday, June 27, 2023

International Dairy Queen, Inc. (IDQ), through its wholly owned subsidiary American Dairy Queen Corporation, a leader in the quick-service restaurant (QSR) industry, and CFB Group, through its wholly owned subsidiary Shanghai Shida Catering Management Co., Ltd., a franchise ownership company based in Shanghai, today announced plans to open 180 food-centric DQ® restaurants in China by 2034.

Key Points: 
  • International Dairy Queen, Inc. (IDQ), through its wholly owned subsidiary American Dairy Queen Corporation, a leader in the quick-service restaurant (QSR) industry, and CFB Group, through its wholly owned subsidiary Shanghai Shida Catering Management Co., Ltd., a franchise ownership company based in Shanghai, today announced plans to open 180 food-centric DQ® restaurants in China by 2034.
  • CFB Group is expanding its footprint by committing to open the first food-centric DQ restaurants in China.
  • “Opening food-centric restaurants that offer balanced hot food and treat menus is critical to our international growth strategy,” said Nicolas Boudet, chief operating officer, international, at International Dairy Queen.
  • In March 2022, CFB Group committed to opening 600 treat-centric DQ restaurants by 2030, 180 of which now will be food-centric DQ restaurants opened by 2034.

MamaMancini’s Reports First Quarter Fiscal 2024 Financial Results

Retrieved on: 
Tuesday, June 13, 2023

EAST RUTHERFORD, NJ, June 13, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ: MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, has reported its financial results for the fiscal first quarter ended April 30, 2023.

Key Points: 
  • Revenue for the first quarter of fiscal 2024 increased 5.9% to $23.1 million, as compared to $21.8 million in the same year-ago quarter.
  • Operating expenses totaled $4.4 million in the first quarter of fiscal 2024, as compared to $3.6 million in the same year-ago quarter.
  • As a percentage of sales, operating expenses increased in the first quarter of fiscal 2024 to 19.2% from 16.5%.
  • Management will host an investor conference call at 4:30 p.m. Eastern time today to discuss the Company’s first quarter fiscal 2024 financial results, provide a corporate update, and conclude with Q&A from participants.

MamaMancini's Expands Fresh Meal Offering with Introduction of Four New Branded Sleeve Products at IDDBA 2023

Retrieved on: 
Tuesday, June 6, 2023

The International Dairy Deli Bakery Association (IDDBA) is a nonprofit trade association for food retailers, manufacturers, wholesalers, brokers, distributors, and other industry professionals.

Key Points: 
  • The International Dairy Deli Bakery Association (IDDBA) is a nonprofit trade association for food retailers, manufacturers, wholesalers, brokers, distributors, and other industry professionals.
  • The IDDBA annual tradeshow – taking place June 4-6, 2023 in Anaheim, California – attracts more than 10,000 attendees and serves as a vital networking event for the industry.
  • I encourage IDDBA attendees to visit us in booth 1300 and try our full suite of new products.
  • For more information about MamaMancini's and their full range of products, please visit www.mamamancinis.com .

MamaMancini’s Expands Meatballs in a Cup Product Line with New Series of On-the-Go Snacking Products at IDDBA 2023

Retrieved on: 
Monday, June 5, 2023

EAST RUTHERFORD, NJ, June 05, 2023 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ: MMMB), a leading national marketer and manufacturer of fresh Deli prepared foods, today announced the launch of a new series of On-the-Go products at IDDBA 2023 to expand upon the initial success of its Meatballs in a Cup product line in convenience store trials.

Key Points: 
  • The International Dairy Deli Bakery Association (IDDBA) is a nonprofit trade association for food retailers, manufacturers, wholesalers, brokers, distributors, and other industry professionals.
  • The IDDBA annual tradeshow – taking place June 4-6, 2023 in Anaheim, California – attracts more than 10,000 attendees and serves as a vital networking event for the industry.
  • Expanding upon the MamaMancini’s Beef Meatballs in Cup product, newly launched products include Turkey Meatballs in a Cup, Chicken Cacciatore in a Cup, Chana Masala in a Cup, Sausage, Peppers and Onions in a Cup, and Beef & Rice Stuffing in a Cup, all with a suggested retail price of $5.99.
  • The format and target consumer make it an attractive product for convenience stores, helping to drive incremental sales and larger basket sizes.

HORMEL FOODS PRESENTS FOOD-FORWARD SOLUTIONS TO MEET CONSUMER ENTERTAINING NEEDS AT INTERNATIONAL DAIRY DELI BAKERY ASSOCIATION SHOW

Retrieved on: 
Friday, June 2, 2023

AUSTIN, Minn., June 2, 2023 /PRNewswire/ -- The deli of the past is not the deli of the future. It's no longer a place where consumers merely order a pound of their favorite protein sliced to a desired thickness. Today, terms like "charcuterie" and "artisanal" are heard just as often as classic phrases like "half pound" and "paper thin."

Key Points: 
  • Deli products are gaining footholds in the consumer marketplace, quickly becoming the primary food solution for consumers' entertaining needs.
  • That is precisely why Hormel Foods Corporation (NYSE: HRL) will be showcasing its extensive portfolio of deli products at the upcoming International Dairy Deli Bakery Association show, June 4–6 at the Anaheim (Calif.) Convention Center.
  • "Addressing the entertaining needs of consumers is a multi-faceted undertaking," said Henry Hsia, vice president, retail marketing – snacking and entertainment, Hormel Foods.
  • This is a great opportunity for us to showcase how Hormel Foods can help consumers fulfill all of their entertaining needs."

Novolex Offers New Choices for ProWAVE Tote, a Recyclable, Reusable Bag for Delivery or Takeout

Retrieved on: 
Friday, June 2, 2023

HARTSVILLE, S.C., June 2, 2023 /PRNewswire/ -- Hilex®, a Novolex® brand, announced today new options for its popular ProWAVE® Tote, a recyclable, reusable tote bag that simplifies deliveries and carry-out for supermarkets, restaurants, retailers and their customers.

Key Points: 
  • Customers also can now opt for a ProWAVE Tote made with 1.7-mil gauge film.
  • The ProWAVE tote boasts folded handles and a sturdy double-ply top, ensuring that the bag remains open for easy loading.
  • The flat bottom design allows for efficient packing of larger grocery or retail products.
  • "It's a tote crafted for e-commerce, grocery and retail sales, allowing products to be loaded and transported far more easily."

Sabert Corporation Launches New PFAS-Free Pulp Formulations

Retrieved on: 
Thursday, June 1, 2023

SAYREVILLE, N.J., June 01, 2023 (GLOBE NEWSWIRE) -- Sabert Corporation, a global leader in innovative and sustainable food packaging solutions, announced the launch of the new Pulp PlusTM and Pulp MaxTM proprietary molded fiber blends without the intentional use of PFAS.

Key Points: 
  • SAYREVILLE, N.J., June 01, 2023 (GLOBE NEWSWIRE) -- Sabert Corporation, a global leader in innovative and sustainable food packaging solutions, announced the launch of the new Pulp PlusTM and Pulp MaxTM proprietary molded fiber blends without the intentional use of PFAS.
  • Pulp PlusTM and Pulp MaxTM additives were developed by Sabert’s Center for Innovation, the company’s dedicated team focused on developing proprietary technology and product formulations to service the food and beverage markets.
  • The Pulp PlusTM and Pulp MaxTM formulations are available in a variety of Sabert product options and sizes, including round, square and oval bowls, as well as rectangle and square containers, with the continuous expansion of additional solutions.
  • For more information and a complete list of Pulp PlusTM and Pulp MaxTM features, visit www.sabert.com .