Core Viewpoint - Rocky Mountain Chocolate Factory Inc. is focused on strengthening its foundation for long-term success through improved liquidity, executive team rebuilding, franchise network expansion, and a return to sustainable growth and profitability [3][5]. Financial Performance - Total revenue for the third quarter of 2025 increased to $7.9 million compared to $7.7 million in the year-ago quarter [8]. - Total product and retail gross profit remained flat at $0.7 million, with a gross margin of 10.0%, down from 10.2% in the previous year due to higher supply and labor costs [8]. - Total costs and expenses rose to $8.6 million from $8.5 million in the year-ago quarter [8]. - The net loss for the third quarter was $0.8 million or $(0.11) per share, compared to a net loss of $0.8 million or $(0.12) per share in the year-ago quarter [8]. - Adjusted EBITDA improved to $41,000 from a loss of $0.3 million in the year-ago period [8]. Strategic Initiatives - The company secured a three-year $6 million credit agreement to replace its prior facility and fund growth initiatives [4]. - Key hires were made in franchise support and marketing, and two prominent executives were added to the Board [4]. - Plans for two new stores and a kiosk location were announced across three U.S. markets [4]. - A new ERP system was launched in January to enhance operational visibility and decision-making [5]. Market Position - Rocky Mountain Chocolate Factory operates nearly 260 stores across the U.S. and has several international locations, ranking among Entrepreneur's Franchise 500 and Franchise Times' Franchise 400 for 2024 [10].
Rocky Mountain Chocolate Factory Reports Fiscal Third Quarter 2025 Financial Results