Mama's Creations Q1 revenue jumps on new product launches

Mama's Creations

08/06/2026 21:16

Overview
U.S. deli prepared foods maker's fiscal Q1 revenue rose 50%, beating analyst expectations
Adjusted EBITDA for fiscal Q1 rose 71%, beating analyst expectations
Company cites new product launches and Bay Shore integration as key drivers, with margin impacted by start-up inefficiencies

Outlook
Mama's Creations remains on track toward mid-to-high 20% corporate gross margin target
Company expects new items to move from launch into steady-state production
Mama's Creations cites confidence in sustained, profitable growth and long-term value

Result Drivers
NEW PRODUCT LAUNCHES - Co said over a dozen new items launched with major retailers drove revenue growth
BAY SHORE ACQUISITION - Bay Shore acquisition contributed new volume and higher operating expenses, per co
START-UP INEFFICIENCIES - Gross margin impacted by short-term labor and raw material inefficiencies from new packaging technologies and protein form factors for new launches

Company press release: ID:nGNX3lDgKf

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$52.8 mln
$51.64 mln (6 Analysts)
Q1 EPS
 
$0.05
 
Q1 Net Income
 
$2.1 mln
 
Q1 Adjusted EBITDA
Beat
$4.9 mln
$4.40 mln (5 Analysts)
Q1 Gross Profit
 
$12.4 mln
 
Q1 Operating Expenses
 
$9.8 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy"
Wall Street's median 12-month price target for Mama's Creations Inc is $21.00, about 38.6% above its June 5 closing price of $15.15
The stock recently traded at 57 times the next 12-month earnings vs. a P/E of 64 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)