Store market

MamaMancini’s Secures Convenience Store Market Test for Branded One-Cup Meatballs and One-Person Meals with National Tier 1 Foodservice Distributor

Successful market test with HT Hackneywhich serves more than 20,000 outlets on the East Coast, presents a significant foodservice opportunity in a market covering 300,000 locations nationwide

EAST RUTHERFORD, NJ, August 04, 2022 (GLOBE NEWSWIRE) — Mama Mancini’s Holdings, Inc. (NASDAQ: MMMB), striving to become the largest marketer and marketer of fresh, clean, easy-to-prepare foods, today announced that it has obtained a market test with HT Hackney Company (“Hackney”), one of the largest wholesale distributors of United Statesfor the original meatballs in a MamaMancini brand cup (“Meatballs in a Cup”) and four Meals for One branded products in 47 select locations.

HT Hackney serves over 20,000 outlets and stocks over 30,000 products with strategically located distribution centers, creating a 22-state distribution network in the Eastern United States. Retailers served by Hackney include convenience stores, pharmacies, travel centers and small grocery stores. For over 100 years Hackney has been on a mission to provide our customers with everything they need from one reliable source.

The market test will include one-cup meatballs as well as four ready-to-heat meals for one at 47 “twice-a-day” convenience stores in Tennessee, which focuses on quality fresh food and beverage products. New test placements should start shipping in September 2022.

“Distribution with Hackney’s family of retail restaurant partners is a very promising step in MamaMancini’s growing restaurant vertical,” said Carl Wolf, CEO of MamaMancini’s. “With over 20,000 locations, a successful test could position us for placement in thousands of Hackney customer locations across the Eastern United States.

“We hope that this order represents our first step into the market estimated at 300,000 convenience stores, small grocers, delicatessens, sandwich shops and comparable points of sale. The size of the catering market is significant, with the aforementioned figure not including opportunities in other aspects of catering such as colleges and universities, corporate restaurants, travel centers, stadiums, large group meetings and fast food. We believe we can expand our catering products, such as our branded one-cup meatballs and one-person meals, to traditional supermarket chains and club stores, with increasingly take-out food offerings. more popular.

“We are strongly focused on expanding our foodservice product line to complement our significant national presence at national Tier 1 retailers, which could potentially represent a doubling of our total addressable market. Combined with our growth strategy targeting major national retailers with our expanded product portfolio, we believe foodservice represents the next big growth opportunity to expand our national footprint as we continue to create sustainable, long-term value for our shareholders,” Wolf concluded.

About MamaMancini’s holdings, inc.

Mama Mancini’s Holdings, Inc. (NASDAQ: MMMB) strives to be the largest marketer and marketer of fresh, clean, easy-to-prepare foods in North America. MamaMancini’s broad product portfolio includes meatballs, meatloaf, sausages and pasta bowls with varieties of beef, turkey, chicken and pork – as well as an assortment of meat dishes. chicken, olives, savory products and salads thanks to its creative T&L salads and Olive branch subsidiaries. The Company holds a 24% interest in Chef’s Inspirational Foods, an innovative sales and marketing company specializing in the prepared food category. The Company’s products are sold in more than 45,000 locations nationwide, including regional delicatessens and well-known retailers such as Sam’s Club, ALDI Markets, Schnuck Markets, whole foods, PublixShopRite, Stop & Shop, Costco and Albertson – as well as through national distributors such as Sysco and United Natural Foods. The Company also maintains a direct-to-consumer presence on QVC. For more information, visit www.mamamancinis.com.

Forward-looking statements

This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. “Forward-looking statements” describe expectations, plans, results or strategies and are usually preceded by words such as “may”, “future”, “plans” or “expected”, “will” or “should”, “expected”, “anticipates”, “draft” , “eventually”” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements due to various factors and other risks identified in the Company’s 10-K for the year ended January 31, 2022 and other documents filed by the Company with the Security and Exchange Commission.

Investor Relations:Lucas A. ZimmermanDirector
MZ GroupMZ North America
(949) 259-4987
[email protected]
www.mzgroup.us

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Source: Mama Mancini’s Holdings, Inc.

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