Mama’s Creations FY27 Q1 net income rises 101% to $2.57 million; net sales increase 55% to $54.58 million - MAMA News | RalliesMama’s Creations FY27 Q1 net income rises 101% to $2.57 million; net sales increase 55% to $54.58 million
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MAMA• Quarterly results and drivers
- Mama's Creations posted Q2 net income of USD 2.57 million, up 100.78% from a year earlier.
- Net sales climbed 55% to USD 54.58 million, driven by higher velocities, new products, new customers, Crown 1 acquisition.
- Gross margin narrowed 1 percentage point to 24% on higher labor and overhead tied to launches, higher promotional activity.
- Operating expenses rose to USD 10.09 million, led by higher payroll and commissions, freight, software and EDI costs.
- Cash and cash equivalents increased to USD 138.62 million, supported by a July capital raise and operating cash flow.
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