Steven R. Burns
On April 8, 2025, Steven R. Burns, Executive Vice President and Chief Administrative Officer, notified the Company of his intention to retire from the Company, including its Board of Directors, effective on or about April 30, 2025.
Highest-materiality recent filing
Five directors elected: Lynn L. Blake, Fred D. Halvin, Meghan Henson, Dean Janeway, Adam L. Michaels; each received >25M votes for.
Mama's Creations prices $100M public offering of 5.56M shares at $18.00; net proceeds ~$94M
Priced 5,555,556 shares at $18.00/share; gross proceeds ~$100M, net ~$94M after discounts and expenses.
Mama's Creations Q1 FY2027 revenue $52.8M (+50% YoY); net income $2.1M (+66%)
Revenue $52.8M, up 50% from $35.3M; gross margin 23.6% vs 26.1% due to start-up inefficiencies.
Mama's Creations Q4 revenue up 61% to $54M; net income rises 38%, cash nearly triples
Q4 revenue $54.0M (+61% YoY); net income $2.2M (+38%); diluted EPS $0.05 (+25%).
Mama's Creations appoints Fred Halvin, former Hormel VP of Corporate Development, to Board
Fred Halvin to join Board effective May 1, 2026; Board expands from five to six members.
Mama's Creations Q3 revenue up 50% to $47.3M; acquired Crown 1 for $17.5M
Revenue $47.3M (+50% YoY); net income $0.5M ($0.01 diluted EPS); Adj. EBITDA $3.8M (+118%).
Acquired Crown I Carve Out Business had net sales of $56.8M, net income $424K for fiscal year ended June 28, 2025.
MAMA Q2 revenue $35.2M (+24% YoY); acquires Crown 1 assets for $17.5M
Revenue $35.2M, +24% YoY; net income $1.3M, diluted EPS $0.03; gross margin 24.9% vs 24.2%.
Mama's Creations acquires Crown I for $17.5M; Q2 revenue to grow at least 20% to $34M
Acquired Crown I Enterprises (Sysco subsidiary) for $17.5M cash; revenue multiple ~0.3x FY25 revenue of $56M.
Mama's Creations annual meeting: directors elected, UHY ratified, exec comp approved
Five directors elected: Lynn Blake, Meghan Henson, Dean Janeway, Adam Michaels, Shirley Romig; all received >24M votes for.
Mama's Creations Q1 FY2026: revenue up 18% to $35.3M, net income up 124% to $1.2M
Revenue $35.3M (+18% YoY); net income $1.2M ($0.03 diluted EPS) vs $0.6M ($0.01).
Mama’s Creations Q4 revenue +25.7% to $33.6M; EVP/CAO retiring Apr 30
Q4 revenue $33.6M (+25.7% YoY); gross margin 27.0%; net income $1.6M ($0.04 EPS).
Mama's Creations expects record Q4 gross margins; presents at two conferences
Management to present at 37th Annual Roth Conference (Mar 18) and Planet MicroCap Showcase (Apr 23).
Mama's Creations Q3 revenue up 10% to $31.5M but net income falls 80% to $0.4M
Revenue $31.5M (+10% YoY); gross margin 22.6% vs 30.1% due to construction disruptions and higher commodity costs.
Mama's Creations replaces auditor RRBB with UHY LLP for FY2025
Audit Committee dismissed RRBB and engaged UHY on October 21, 2024 for fiscal year ending Jan 31, 2025.
Mama's Creations Q2 revenue up 14% to $28.4M; net income down 34% to $1.1M
EPS $0.03 diluted vs $0.05 prior year; adjusted EBITDA $2.7M vs $3.0M.
Tappan, 57, started as COO effective Sept 3, 2024; 30+ years supply chain experience.
Mama's Creations amends M&T Bank credit facility; extends revolver maturity to Nov 2027
Revolver maturity extended from Oct 31, 2025 to Nov 30, 2027; $5.5M limit and existing term loan unchanged.
Mama's Creations annual meeting elects eight directors; say-on-pay approved annually
All eight director nominees elected; D'Agostino, Burns, Janeway, Toto each had >7M votes withheld.
Mama's Creations Q1 revenue up 29% to $29.8M record; net income down 61% on $0.9M option fix
Revenue $29.8M (+29% YoY); gross margin 25.0% vs 27.6% on higher chicken costs.
Mama's Creations settles invalid director stock options for $450K cash and 67,672 shares
Settlement with directors D'Agostino, Burns, Janeway, Toto for invalid options granted in 2018-2019.
Mama's Creations Q4 revenue $26.7M (+17%); FY net income $6.5M (+184%)
Revenue Q4 $26.7M (+17% YoY); FY $103.3M (+11%); gross margin expanded to 29.4% from 20.8%.
Mama's Creations announces secondary offering of 5.6M shares at $3.50 by selling stockholders
Offering of 5,629,921 shares by affiliates of Matthew Brown and Karen Wolf; no shares sold by the company.
Mama's Creations Q3 revenue $28.7M (+11.5%), net income $2.0M (+83%), adj. EBITDA $3.5M
Gross margin expanded 460 bps to 30.1% on pricing, commodity normalization and operational improvements.
Mama's Creations appoints Lynn Blake to board; audit and governance committees
Lynn Blake appointed to the Board effective November 14, 2023.
Mama's Creations adopts indemnification agreements for all directors
Board approved Indemnification Agreements for all directors on October 27, 2023.
Mama’s Creations amends incentive plan, grants CEO and CFO RSUs and PSUs
Board approved amendment to 2021 Incentive Plan to allow stock units (RSUs and PSUs); no increase in share pool.
Mama's Creations COO Matthew Brown to retire Oct 31, 2023; operations VPs promoted
Matthew Brown to retire as President, COO, and Board member effective Oct 31, 2023; no disagreement cited.
MamaMancini's Holdings changes name to Mama's Creations; ticker to MAMA on Aug 2
Name changed from MamaMancini's Holdings, Inc. to Mama's Creations, Inc. effective July 31, 2023.
MamaMancini's acquires remaining 76% of Chef Inspirational Foods for $3.65M
Total consideration $3.65M: $950k cash at close, $1.2M cash on 1st anniversary, $1.5M in stock on 2nd anniversary.
Selling stockholders offered 6,281,085 shares at $2.50 per share; underwriter's 30-day option for 942,163 additional shares fully exercised.
MamaMancini’s appoints Shirley Romig to Board of Directors effective March 9, 2023
Shirley Romig appointed to Board of Directors, effective March 9, 2023.
MamaMancini's appoints CEO Adam Michaels as Chairman; director Carl Wolf retires
CEO Adam L. Michaels appointed Chairman of the Board effective February 1, 2023.
MamaMancini's appoints Meghan Henson to Board of Directors effective Dec 19, 2022
Meghan Henson appointed to Board, effective December 19, 2022.
MamaMancini's closes Series B Preferred offering raising $1.365M; terminates AGES agreement
Sold final 7,400 Series B shares at $25/share for $185K, total gross proceeds $1.365M.
MamaMancini's shareholders approve say-on-pay, choose biennial frequency for future votes
Say-on-pay approved with 97.76% in favor; non-binding advisory vote.
Director Michael Kay resigns from MamaMancini's board effective Sept 21, 2022
Michael Kay resigned due to his new employer's policy barring service on public company boards.
MamaMancini's elects 9 directors, adjourns meeting for say-on-pay vote
Elected nine directors with at least 96.4% votes for each; Carl Wolf as Chairman received 99.6%.
MamaMancini's raises $1.18M in initial close of Series B preferred offering
Sold 47,200 Series B shares at $25 each for gross proceeds of $1,180,000.
MamaMancini's appoints Anthony J. Gruber as CFO, replacing Morgenstein
Anthony J. Gruber named CFO of MamaMancini's, effective Sept 19, 2022; replaces Lawrence Morgenstein.
MamaMancini's engages AGES for $5M Series B Convertible Preferred offering
Engaged AGES Financial Services as non-exclusive placement agent for up to $5M of Series B Convertible Preferred Stock in Rule 506(b) private placement.
MamaMancini's acquires 24% stake in Chef Inspirational Foods for $1.2M; has option to buy remainder
Paid $500k cash plus $700k common stock for 24% of CIF; implied CIF enterprise value $5M.
MamaMancini’s appoints Adam L. Michaels as CEO; Carl Wolf to remain Chairman
Adam L. Michaels appointed CEO and board member effective September 6, 2022.
MamaMancini's director Patrick Haley resigns; Michael Kay appointed
Patrick Connor Haley resigned as director effective June 13, 2022, for personal reasons, no conflict.
MamaMancini's files audited FY2020 financials for acquired T&L Creative Salads and Olive Branch
T&L Creative Salads FY2020 net sales $18.96M, net income $443k, total assets $6.66M.
MamaMancini's acquires T&L Creative Salads and Olive Branch for $14M
Combined purchase price $14M: $11M cash at closing plus $3M promissory note to T&L shareholders.
On April 8, 2025, Steven R. Burns, Executive Vice President and Chief Administrative Officer, notified the Company of his intention to retire from the Company, including its Board of Directors, effective on or about April 30, 2025.
announced the appointment of the Company’s Chief Operating Officer, Mr. Moore (Skip) Tappan, III, 57, effective September 3, 2024.
On November 14, 2023, the Board of Directors of Mama’s Creations, Inc. appointed Lynn Blake to serve as a member of the Company’s Board of Directors.
On October 9, 2023, Matthew Brown, President and Chief Operating Officer of Mama’s Creations, Inc. (the “Company”) and member of the Company’s Board of Directors (the “Board”), informed the Board of his intent to retire as President and Chief Operating Officer, effective October 31, 2023.
Max materiality 0.85 · Median 0.60 · Most common event other_material