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Jul 31, 2024

Mamas Creations Q2 2025 Earnings Report

Mama’s Creations reported a 14% increase in revenue to $28.4 million, driven by operational execution and strategic focus.

Key Takeaways

Mama's Creations reported a 14% increase in revenue for the second quarter of fiscal year 2025, reaching $28.4 million. Net income was $1.1 million, or $0.03 per diluted share, compared to $1.7 million, or $0.05 per diluted share, in the same quarter of the previous year. The company secured new sales wins, including placements in Wal-Mart and Costco.

Revenue increased by 14% to $28.4 million compared to the same quarter last year.

Gross profit was $6.9 million, representing 24.2% of total revenues.

Net income totaled $1.1 million, or $0.03 per diluted share.

The company continues to win new sales, including an initial placement in 2,000 Wal-Mart stores and a Costco national buy.

Total Revenue
$28.4M
Previous year: $24.8M
+14.5%
EPS
$0.03
Previous year: $0.05
-40.0%
Gross Profit
$6.9M
Previous year: $7.51M
-8.1%
Cash and Equivalents
$7.4M
Previous year: $5.56M
+33.1%
Free Cash Flow
-$4M
Previous year: $1.64M
-344.1%
Total Assets
$43M
Previous year: $39.9M
+7.6%

Mamas Creations

Mamas Creations

Forward Guidance

Mama's Creations anticipates margin improvements and profitability, supported by completed CapEx projects and the reversal of seasonal commodity pricing headwinds. The company expects to invest surplus gross margin into trade promotion, targeting a long-term goal of 10% of revenue.

Positive Outlook

  • Major construction pressures are mostly behind.
  • Seasonal commodity pricing headwinds are expected to reverse.
  • CapEx investments, including a doubling of chicken capacity, will enable increased trade promotion.
  • Company is positioned for a return to a steady cadence of margin enhancement back toward historical highs.
  • Expects to invest surplus gross margin, beyond goal in the high 20% range, into more and higher ROI trade promotion.

Challenges Ahead

  • Continued commodity pressures reaching multi-year highs impacted gross margin profile.
  • Construction-related disruptions from the installation of strategic CapEx projects impacted gross margin profile.
  • Recent CapEx investments to improve chicken processing capabilities and related disruptions from construction efforts impacted margins during the quarter.
  • Change in cash and cash equivalents was primarily driven by $3.5 million in capital investments and $2.0 million of debt paydown.
  • Second quarter net income totaled 4.0% of revenue, as compared to 7.0% in the same year-ago quarter.