Mama's Creations (MAMA) Planet MicroCap Showcase: VEGAS 2025 summary

Industry overview and growth

• Deli category is valued at $40 billion, growing 5% in units over the past year, with total market including sliced meats and cheeses at $60 billion.

• Deli is experiencing higher growth and shelf space expansion compared to other food categories.

• Inflation and recessionary pressures are driving consumers toward in-home dining, benefiting deli sales.

• The company is the only publicly traded deli business in the U.S.; all other competitors are private.

• The business operates in all 50 states and Puerto Rico, with presence in major retailers and convenience channels.

Differentiated proposition and leadership

• Originated as a Northeast meatball company, now diversified with a broad product range and expanded geographic reach.

• Authentic brand story centered on founder Dan Mancini, resonating with both retailers and consumers.

• Leadership team assembled from top CPG backgrounds, considered highly qualified for the deli sector.

• Over 10% insider ownership aligns management incentives with business growth.

• Focus on efficiency, SKU rationalization, and innovation to drive incremental growth.

Strategy and operations

• Pursuing a one-stop shop model for deli, offering a full range of products to simplify retailer operations.

• All products are developed, produced, and marketed in-house, with two facilities in NY and NJ.

• Recent facility expansions in Farmingdale and East Rutherford, funded entirely by operational cash flow.

• Emphasis on margin improvement, with gross margin rising from 11.9% to 30% before recent hiccups.

• Balanced approach to organic and inorganic growth, targeting $1 billion in sales with half from acquisitions.