Quarterly ResultJun 8, 2026, 04:12 PM
Mama's Creations Q1 Sales Soar to $52.77M; Net Income Up 66%
AI Summary
Mama's Creations, Inc. announced its first-quarter financial results for the period ending April 30, 2026. The company reported a substantial increase in net sales, reaching $52.77 million, up from $35.26 million in the same quarter last year. Net income also saw a significant rise to $2.06 million, or $0.05 per diluted share, compared to $1.24 million, or $0.03 per diluted share, in the prior year. The company also reported growth in gross profit and income from operations, alongside an increase in total assets and stockholders' equity.
Key Highlights
- Mama's Creations reported net sales of $52.77 million for the three months ended April 30, 2026, a significant increase from $35.26 million in the same period last year.
- Net income for the quarter was $2.06 million, or $0.05 per diluted share, up from $1.24 million, or $0.03 per diluted share, in the prior year.
- Gross profit increased to $12.43 million from $9.18 million year-over-year.
- Income from operations rose to $2.66 million from $1.58 million.
- Total assets grew to $87.53 million as of April 30, 2026, from $85.70 million as of January 31, 2026.
- Total liabilities decreased to $32.17 million from $33.08 million over the same period.
- Stockholders' Equity increased to $55.36 million from $52.62 million.
Price Impact
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