MAMA · Mama's Creations, Inc.

Mama’s Creations delivered robust Q4 and full-year FY2026 results, with revenue surging 61% to $54.0 million in the quarter and 39% to $171.7 million annually, driven by item expansion at existing customers, high-ROI promotions, new customer placements, and the Crown 1 acquisition. Gross profit grew 54% to $14.0 million in Q4 (25.9% margin vs. 27.0% YoY), impacted by Bay Shore facility ramp-up, while full-year margin improved slightly to 25.1% from 24.8% due to operational efficiencies, procurement optimization, and stabilized commodity costs. Operating expenses rose 51% to $10.9 million in Q4 but declined as a percentage of revenue to 20.2% from 21.4%, reflecting scale benefits despite investments in digital strategies, marketing, hires, and technology. Net income of $2.2 million ($0.05 EPS) and Adjusted EBITDA of $5.5 million underscored profitability resilience. CEO Adam L. Michaels highlighted the Bay Shore integration success, including centralized procurement, production optimization, cost synergies, and cross-selling to premium customers, alongside accelerating Costco partnership (from $0.5M in FY2023 to over $10M in Q1 FY2026) and new wins at Walmart, Target, and Food Lion. Cash swelled to $20.0 million from $7.2 million, fueled by profitability and working capital gains, with debt at $5.4 million. The '4 Cs strategy' positions the company for outsized growth in the deli prepared foods market, though no specific forward guidance was provided.