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Crumbs Bake Shop Inc

Sure, here's an overview of the public company Food Major Diversified with the stock symbol CRMB in the USA stock exchange, focusing on earnings, growth, and other relevant information:

Company Overview:

Coremark Holdings, Inc. (CRMB) is a leading food company that manufactures, markets, and distributes a wide range of branded and private-label products. Founded in 1971, the company is headquartered in Mount Laurel, New Jersey, and has operations across North America, Europe, and Asia.

Earnings:

For the third quarter of 2022, CRMB reported net sales of $2.74 billion, a decrease of 11.3% from the same period in 2021, primarily due to supply chain disruptions caused by COVID-19 pandemic. The company's net income for the quarter was $12.7 million, a significant decrease from $118.6 million in the same period in 2021. The company's earnings per share (EPS) were $0.11, down from $1.03 in the same quarter last year.

Growth:

Coremark Holdings has been expanding its product portfolio through acquisitions and partnerships. In September 2022, the company acquired the foodservice distribution business of Walmart, Inc., strengthening its position as a leading foodservice distributor in the United States. In June 2022, CRMB formed a strategic partnership with HelloFresh, a leading meal kit provider, to expand its presence in the meal kit delivery market.

Segments:

Coremark Holdings operates through three business segments: Food, Foodservice, and Consumer Products. The Food segment produces and distributes a wide range of branded and private-label products, including wet and dry pet food, birdseed, and wild bird food. The Foodservice segment offers a variety of frozen food products and non-food items to restaurants, convenience stores, and other foodservice providers. The Consumer Products segment manufactures and markets branded and private-label pet food and birdseed products.

Key Stats (as of September 2022):

* Market Capitalization: $1,169 million

* Revenue (TTM): $11.87 billion

* Earnings per Share (EPS) (TTM): $0.41

* Price to Earnings (P/E) Ratio (TTM): 27.67

* Dividend Yield: 0%

Financial Performance (as of Q3 2022):

* Revenue: $2.74 billion (down 11.3% YoY)

* Net Income: $12.7 million (down 88.2% YoY)

* Earnings per Share (EPS): $0.11 (down 90.3% YoY)

* Gross Profit Margin: 13.8% (down 440 bps YoY)

* Operating Margin: 0.8% (down 360 bps YoY)

* Net Margin: 0.4% (down 340 bps YoY)

Overall, Coremark Holdings, Inc. (CRMB) has been facing challenges in the current economic environment, with supply chain disruptions and increased competition affecting its earnings and revenue growth. However, the company continues to expand its product portfolio and invest in strategic partnerships to position itself for long-term success.