7 stories mentioning MAMAUpdated 6d ago
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Mama's Creations (MAMA) has an average rating of buy and mean price target of $22.43, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Mama's Creations (MAMA) has an average rating of buy and mean price target of $22.43, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Consumer stocks were flat to lower premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) inactive and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.3%.Mama's Creations (MAMA) shares were down more than 14% after the company priced a registered underwritten public offering of 5.6 million shares at $18.00 each, for gross proceeds of around $100 million.Edible Garden (EDBL) has entered into a non-binding letter of intent for a strategic commercialization alliance with an established partner in the sustainable food and agriculture sector, the company said. Edible Garden stock was up more than 84% premarket.Philip Morris International (PM) made an early $1.1 billion payment toward the 5-year segment of its senior unsecured term loan, the company said in a filing. Shares of Philip Morris International were 0.4% lower pre-bell.
Consumer stocks were mixed premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.1% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.4%.Mama's Creations (MAMA) shares were down more than 12% after the company priced a registered underwritten public offering of 5.6 million shares at $18.00 each, for gross proceeds of around $100 million.
Mama's Creations (MAMA) said late Monday it has commenced a proposed, underwritten public offering of its common stock.The company said it plans to grant the underwriters a 30-day option to buy up to an additional 15% of the shares offered.It intends to use the offering net proceeds for working capital and general corporate purposes, the company added.Shares of Mama's Creations were down more than 10% in after-hours activity.
Mama's Creations (MAMA) reported fiscal Q1 earnings late Monday of $0.05 per diluted share, up from $0.03 a year earlier.Analysts polled by FactSet expected $0.03.Revenue in the three months ended April 30 rose to $52.8 million from $35.3 million a year earlier.Analysts expected $51.6 million.The company's shares fell 2.6% in after-hours trading.
Consumer stocks were mixed pre-bell Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advancing by 0.2%.Stellantis (STLA) stock was up nearly 4% after the company said its Q1 estimated consolidated shipments totaled 1.4 million units, up 12% from a year earlier. Separately, Bloomberg News reported that Stellantis is considering reviving a partnership with Dongfeng Motor, under which the companies would jointly produce cars in Europe and China.BRP (DOO) shares were down more than 26% after the company said it is suspending its full-year 2027 guidance following a recent amendment to US rules for tariffs on steel, aluminum, and copper imports which became effective earlier this month.Mama's Creations (MAMA) shares were up more than 7% after the company posted higher fiscal Q4 earnings and revenue.
