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OFFON

MAMAMANCINI'S HOLDINGS, INC.

(MMMB)
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MamaMancini : to Ring Nasdaq Closing Bell Today

08/12/2021 | 01:00pm EST

EAST RUTHERFORD, NJ, Aug. 12, 2021 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ: MMMB), a marketer of specialty pre-prepared, frozen and refrigerated food products, announced that management will participate in a virtual closing bell ceremony at the Nasdaq Stock Market today, August 12, 2021 in celebration of listing its common shares on the Nasdaq Capital Market on July 15, 2021.

In recognition of this significant milestone, Chief Executive Officer Carl Wolf and Chief Financial Officer Larry Morgenstein will virtually preside and will be digitally joined by other members of the Company's Board and senior leadership team.

"I'm honored to virtually ring the Nasdaq closing bell on behalf of our valued employees and shareholders," said Carl Wolf, Chairman and Chief Executive Officer of MamaMancini’s. “The bell ringing ceremony is a testament to our people and products, and the incredible momentum we have demonstrated. We're thrilled to celebrate this important achievement and couldn't be more excited about our future."

The virtual ceremony will take place approximately 15 minutes before the 4:00 p.m. Eastern time market close and can be viewed live at https://livestream.com/nasdaq/live.

About MamaMancini’s Holdings, Inc.

MamaMancini's Holdings, Inc. (NASDAQ: MMMB) is a marketer and distributor of specialty prepared, refrigerated and frozen all-natural Italian foods. MamaMancini’s product portfolio consists of over 20 products including meatballs, meat loaf, chicken parmesan, sausages and pasta bowl kits, with beef, turkey, chicken and pork varieties. The Company’s products are sold in over 45,000 locations nationwide, including at well-known retailers such as Sam’s Club, Whole Foods, Publix, Costco and Albertsons, as well as through national distributors such as Sysco and United Natural Foods. The Company also regularly maintains a direct-to-consumer presence through presentations on QVC. For more information, please visit www.mamamancinis.com.

Investor Relations Contact:

Lucas A. Zimmerman
Director
MZ Group - MZ North America
(949) 259-4987
MMMB@mzgroup.us
www.mzgroup.us


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Source: MamaMancini's Holdings, Inc.

2021 GlobeNewswire, Inc., source Press Releases

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Financials (USD)
Sales 2022 48,8 M - -
Net income 2022 2,72 M - -
Net Debt 2022 - - -
P/E ratio 2022 26,6x
Yield 2022 -
Capitalization 75,6 M 75,6 M -
Capi. / Sales 2022 1,55x
Capi. / Sales 2023 1,22x
Nbr of Employees -
Free-Float 54,4%
Chart MAMAMANCINI'S HOLDINGS, INC.
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MamaMancini's Holdings, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 1
Last Close Price 2,13 $
Average target price 4,85 $
Spread / Average Target 128%
EPS Revisions
Managers and Directors
Carl T. Wolf Chairman & Chief Executive Officer
Matthew Brown President, Chief Operating Officer & Director
Lawrence Morgenstein Chief Financial Officer
Alfred DĺAgostino Independent Director
Thomas G. Toto Independent Director
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