Mama's Creations Reports Fourth Quarter and Fiscal Year 2026 Financial Results

About this update from Mama's Creations, Inc.

Fourth Quarter Revenue Grows 61% to $54.0 Million; Net Income Increases 38% to $2.2 Million with Adjusted EBITDA of $5.5 Million; Cash Position Nearly Triples in Fiscal 2026 to $20.0 Million EAST RUTHERFORD, NJ, April 14, 2026 (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, 2026. Financial Summary: Three Months Ended Jan. 31, Fiscal Year Ended Jan. 31, $ in millions 2026 2025 % Increase 2026 2025 % Increase Revenues $54.0 $33.6 61% $171.7 $123.3 39%Gross Profit $14.0 $9.1 54% $43.0 $30.5 41%Operating Expenses $10.9 $7.2 51% $35.9 $25.7 40%Net Income $2.2 $1.6 38% $5.3 $3.7 43%Earnings per Share (Diluted) $0.05 $0.04 25% $0.13 $0.09 44%Adj. EBITDA (non-GAAP) $5.5 $3.1 77% $15.4 $10.1 52% Fourth Quarter Fiscal 2026 & Subsequent Operational Highlights: Continued successful integration initiatives at the Company's Bay Shore, NY facility acquired from Crown 1 Enterprises, with gross margin improvement on track toward mid-to-high-20% corporate target, and cross-selling initiatives gaining traction with Crown 1's premium customer base.Secured major new tier-1 national retail placements, including expansion at Wal-Mart, new introductions at Food Lion, confirmed wins at Target, as well as Everyday Item status in Costco’s Northeast region following a successful Costco National Multi-Vendor Mailer (MVM) with branded Beef Meatballs.Invited to present at leading investor conferences nationally, including the Craig-Hallum Alpha Select Conference, Stephens NASH25 Conference, ROTH Deer Valley Event, Oppenheimer Emerging Growth Conference, and the DA Davidson CEO Forum.Cash and cash equivalents as of January 31, 2026 totaled $20.0 million, as compared to $7.2 million as of January 31, 2025. The increase was primarily driven by improved profitability, strong operating cash flow generation, and ongoing working capital optimization. Management Commentary Adam L. Michaels, Chairman and CEO of Mama's Creations, said: "Fiscal 2026 was a landmark year for Mama's Creations. We delivered 39% revenue growth to $171.7 million, expanded adjusted EBITDA by over 50%, and fundamentally transformed our operating platform with the acquisition and successful integration of Crown 1's Bay Shore facility. This reflects th...

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