DURANGO, Colo., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) (the "Company", "we", or "RMCF"), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, has closed a securities purchase agreement for a private investment in public equity ("PIPE") financing that resulted in gross proceeds of approximately $2.2 million to the Company, before deducting offering expenses. Pursuant to the terms of t ...

DURANGO, Colo., July 23, 2024 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) (the "Company", "we", or "RMCF"), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, has appointed Carrie E. Cass as Chief Financial Officer, effective August 5, 2024. Ms. Cass brings a wealth of experience in financial management, manufacturing and strategic leadership to RMCF, having served in various high-profile roles throug ...

Zacks Investment Research has recently initiated coverage of Rocky Mountain Chocolate Factory, Inc. (RMCF) , assigning an "Underperform" recommendation to the company's shares. This bearish stance reflects significant concerns over the company's recent financial performance and operational challenges. Rocky Mountain's gross margins have plummeted dramatically from 5.1% in first-quarter fiscal 2024 to (5.8)% in first-quarter fiscal 2025. This decline is primarily due to rising raw material and labor costs, w ...

Rocky Mountain Chocolate Factory, Inc. (RMCF) delivered a loss per share of 26 cents in the first quarter of fiscal 2025, wider than the year-ago quarter's loss of 13 cents per share. Rocky Mountain registered revenues of $6.4 million in the fiscal first quarter, down 0.5% year over year. Segment Details Revenues in Detail Lower revenues from royalty and marketing fees dampened the topline. Rocky Mountain derives revenues from three sources — Durango product and retail sales, Franchise fees and Royalty and ...

Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) Q1 2025 Earnings Conference Call July 15, 2024 5:00 PM ET Company Participants Jeff Geygan - Interim Chief Executive Officer Sean Mansouri - Investor Relations Operator Good evening, ladies and gentlemen. Thank you for standing by. Welcome to today's conference call to discuss Rocky Mountain Chocolate Factory's Financial Results for the Fiscal First Quarter 2025. At this time, all participants are in a listen-only mode. As a reminder, this conference is b ...

- Company to Host Conference Call Today at 5:00 p.m. ET - "Our revised strategy will more effectively align sales, marketing, and production to drive the expansion of our store network and increase factory throughput with targeted capital investments. This alignment will ensure timely delivery of products and services across all of our sales channels, including specialty market retail and co-brand partners, E-Commerce, and most importantly, our franchisee network. "Looking ahead, we have set ambitious finan ...

DURANGO, Colo., July 08, 2024 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) (the "Company", "we", or "RMCF"), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, will host a conference call on Monday, July 15, 2024 at 5:00 p.m. Eastern time to discuss its fiscal first quarter 2025 results. The Company's results will be reported in a press release prior to the call. The RMCF management team will host the ...

DURANGO, Colo., July 08, 2024 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) (the "Company", "we", or "RMCF"), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, will host a conference call on Monday, July 15, 2024 at 5:00 p.m. Eastern time to discuss its fiscal first quarter 2025 results. The Company's results will be reported in a press release prior to the call. The RMCF management team will host the ...

DURANGO, Colo., June 28, 2024 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) (the "Company", "we", or "RMCF"), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, today announced that Charles Arnold has been appointed to the Company's Board of Directors ("the Board"), where he will serve as Chair of the Audit Committee. Mr. Arnold is a seasoned corporate finance executive with over 20 years of experience ...

DURANGO, Colo., June 28, 2024 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) (the "Company", "we", or "RMCF"), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, today announced that Charles Arnold has been appointed to the Company's Board of Directors ("the Board"), where he will serve as Chair of the Audit Committee. Mr. Arnold is a seasoned corporate finance executive with over 20 years of experience ...