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Rocky Mountain Chocolate Factory Announces Major Growth Surge with Commitments for 34 New Stores
Globenewswire· 2025-11-25 14:00
Core Insights - Rocky Mountain Chocolate Factory, Inc. has announced a significant milestone in its transformation strategy with the rollout of a new store prototype and the signing of four area development agreements for a total of 34 new stores, representing nearly 25% growth in full franchise stores, marking the largest development surge in the company's history [1][3][9] Company Strategy - The new store prototype emphasizes handcrafted chocolate making, featuring a warm interior design and in-store sampling of fresh products made daily, supported by improved operational systems and an upgraded franchise platform [2][3] - The transformation strategy is described as a reaffirmation of the company's heritage and craft, aiming for national growth through sophisticated multi-unit operators [3][9] Franchise Development - The company is experiencing strong interest from franchise operators, with a disciplined sales strategy and improved operational processes contributing to this acceleration [3][9] - Current franchise commitments include a nine-store development plan in Southeast Florida and a ten-store agreement in the greater Chicago metro area, showcasing the brand's appeal to experienced operators [4][5][6] Market Expansion - The first new prototype store opened in Charleston, SC, with plans for eight additional stores across Charleston, Denver, and Santa Fe, indicating a strategic focus on key markets [7][9] - The company is also returning to Central New Jersey with a seven-store plan, highlighting its commitment to re-establishing a presence in regions where it once thrived [8][9] Company Overview - Rocky Mountain Chocolate Factory, Inc. is a leading franchiser of premium chocolate and confectionery retail concepts, operating over 250 stores across the United States and several international locations [10]
Rocky Mountain Chocolate Factory to Participate in Upcoming Investor Events
Globenewswire· 2025-10-31 15:45
Core Insights - Rocky Mountain Chocolate Factory, Inc. is actively engaging with investors through participation in the Southwest IDEAS Investor Conference and media interactions, highlighting its commitment to transparency and communication [2][4] - The company is recognized as a leading franchiser in the premium chocolate and confectionery retail sector, operating over 250 stores in the U.S. and several international locations [3] Company Overview - Founded in 1981, Rocky Mountain Chocolate Factory produces a wide range of premium chocolates and confectionery products, including gourmet caramel apples [3] - The company is headquartered in Durango, Colorado, and has been ranked among Entrepreneur's Franchise 500 for 2025 and Franchise Times' Franchise 400 for 2024 [3] - The common stock of the company is listed on the Nasdaq Global Market under the symbol "RMCF" [3] Upcoming Events - The company will present at the Southwest IDEAS Investor Conference on November 19, 2025, in Dallas, Texas, at 2:40 p.m. CT, and will host one-on-one meetings throughout the day [4] - The presentation will be available via live webcast on the company's investor relations website [4] - An interview featuring the company's Interim CEO Jeff Geygan and CFO Carrie Cass was recently aired on the Pitch the PM Podcast [4]
Rocky Mountain Chocolate Factory Reports Second Quarter Fiscal 2026 Financial Results
Globenewswire· 2025-10-13 20:05
Core Viewpoint - Rocky Mountain Chocolate Factory, Inc. is undergoing a transformation aimed at modernizing its operations and achieving scalable growth, with early signs of progress being observed [2] Financial Performance - Total revenue for the second quarter of fiscal 2026 increased to $6.8 million, up from $6.4 million in the same quarter last year, driven by pricing actions and a more profitable sales mix [5] - The company reported a gross profit loss of $33,000 in the second quarter of fiscal 2026, compared to a profit of $600,000 in the year-ago quarter, primarily due to higher input costs and operational inefficiencies [5] - Total costs and expenses remained flat at $7.3 million compared to the previous year [5] - The net loss for the second quarter was $0.7 million, or $(0.09) per share, compared to a net loss of $0.7 million, or $(0.11) per share, in the year-ago quarter [5] Operational Initiatives - The company is focusing on strengthening operations and enhancing visibility through new ERP and POS systems, which are expected to facilitate data-driven decisions [2] - A rebranding initiative and new store developments are underway, with two new franchise locations announced in California and New Jersey, and a company-owned location in Camarillo, California [2] - The company plans to introduce a new loyalty program and expand digital capabilities to improve customer engagement for franchisees [2] Company Overview - Rocky Mountain Chocolate Factory, Inc. is a leading franchiser of premium chocolate and confectionery retail stores, operating over 250 locations across the United States and several international locations [7] - The company has been recognized in Entrepreneur's Franchise 500 for 2025 and Franchise Times' Franchise 400 for 2024 [7]
Rocky Mountain Chocolate Factory Schedules Fiscal Second Quarter 2026 Conference Call for October 14, 2025 at 9:00 a.m. ET
Globenewswire· 2025-10-06 20:05
Core Points - Rocky Mountain Chocolate Factory Inc. will host a conference call on October 14, 2025, at 9:00 a.m. Eastern time to discuss its fiscal second quarter 2026 results [1] - The management team will lead the call, which will include a question-and-answer session [2] - The conference call will be available for live broadcast and replay on the Company's investor relations website [3] Company Overview - Rocky Mountain Chocolate Factory, Inc. is a leading franchiser of premium chocolate and confectionery retail stores, known as America's Chocolatier™ [4] - The Company has been producing a wide range of premium chocolates and confectionery products since 1981 and is headquartered in Durango, Colorado [4] - The Company operates nearly 250 stores across the United States and has several international locations, ranking in Entrepreneur's Franchise 500 for 2025 and Franchise Times' Franchise 400 for 2024 [4]
Rocky Mountain Chocolate Factory Announces New Store Locations in California and New Jersey
Globenewswire· 2025-09-22 12:30
Core Insights - Rocky Mountain Chocolate Factory Inc. is expanding its retail presence with two new locations in California and New Jersey, aligning with its strategic growth objectives [1][5]. Company Expansion - The new store at Palladio Mall in Folsom, California will feature the full assortment of RMCF's premium chocolates and handcrafted selections, showcasing an updated store design [3]. - The Jersey Shore Premium Outlets in Tinton Falls, New Jersey will introduce RMCF's elevated retail experience, targeting both year-round residents and seasonal visitors [4]. Franchisee Partnerships - The expansion includes partnerships with current franchisees, Jessica Feurerbach and David Seemer, who will own the new locations, reinforcing RMCF's commitment to supporting excellent operators [5]. Brand Mission - RMCF aims to make its premium chocolate accessible to a growing audience of chocolate lovers across the United States through these new openings [5]. Company Background - Founded in 1981 and headquartered in Durango, Colorado, RMCF is a leading franchiser of premium chocolate and confectionery products, operating over 250 stores in the U.S. and several international locations [6].
Rocky Mountain Chocolate Factory Acquires Longstanding Camarillo, California Store for Company-Owned Portfolio
Globenewswire· 2025-08-19 20:05
Core Viewpoint - Rocky Mountain Chocolate Factory Inc. has acquired its Camarillo, California store from a franchisee, enhancing its presence in Southern California and aligning with its growth strategy [1][3]. Company Acquisition - The Camarillo store, operational since October 1995 and managed by Kim LaMonica since 1996, has a loyal customer base and is a community staple [2]. - This acquisition allows RMCF to integrate the store into its portfolio of Company-owned locations, aiming to enhance the customer experience with a redesigned store [2][3]. Strategic Importance - The Camarillo store is considered a cornerstone of RMCF's brand presence in Southern California, reflecting the appeal of its products in affluent communities [3]. - The acquisition supports RMCF's strategy to operate select stores for innovation, retail best practices, and profitability enhancement [3][4]. Growth Strategy - RMCF plans to leverage its Company-owned stores to launch new products, improve customer experiences, and achieve operational excellence, benefiting the broader franchise system [4]. - The company is focused on selectively expanding its retail footprint in Southern California and other attractive markets [4]. Company Overview - Rocky Mountain Chocolate Factory, Inc. is a leading franchiser of premium chocolate and confectionery retail stores, producing a wide range of products since 1981 [5]. - The company operates over 250 stores across the United States and has been recognized in Entrepreneur's Franchise 500 for 2025 and Franchise Times' Franchise 400 for 2024 [5].
Rocky Mountain Chocolate Factory Reports First Quarter Fiscal 2026 Financial Results
Globenewswire· 2025-07-15 20:35
Core Insights - Rocky Mountain Chocolate Factory, Inc. is focused on rebuilding its business into a disciplined and profitable entity through various strategic initiatives aimed at enhancing operational efficiency and franchisee performance [2][3] Financial Performance - Total revenue for the first quarter of fiscal 2026 was $6.4 million, remaining essentially flat compared to the same quarter last year [5] - Gross profit from product and retail was $0.3 million, an improvement from a loss of $0.3 million in the year-ago quarter, attributed to better pricing and production efficiencies [5] - Total costs and expenses decreased to $6.5 million from $8.0 million in the previous year, primarily due to improved operating efficiencies and reduced general and administrative costs [5] - The net loss for the quarter was $0.3 million or $(0.04) per share, compared to a net loss of $1.7 million or $(0.26) per share in the same quarter last year [5] - EBITDA for the quarter was $0.2 million, a significant improvement from $(1.4) million in the year-ago quarter [5] Strategic Initiatives - The company has implemented a simplified freight program to enhance inventory freshness and realigned pricing to better reflect product value [2] - A new Point of Sale (POS) and Enterprise Resource Planning (ERP) system is being adopted to improve visibility and accountability across the franchise network [2] - A brand refresh, including new packaging and a redesigned e-commerce platform, is set to roll out systemwide this summer [3] Market Expansion - The Charleston location has shown promising performance in a previously untapped market, providing insights for future store openings [3] - A new store in Chicago is expected to open before the holiday season, with several leases currently under negotiation [3] Company Overview - Rocky Mountain Chocolate Factory, Inc. is a leading franchiser of premium chocolate and confectionery retail stores, operating nearly 260 locations across the United States and several international sites [7]
Rocky Mountain Chocolate Factory Schedules Fiscal First Quarter 2026 Conference Call for July 16, 2025 at 9:00 A.M. ET
Globenewswire· 2025-07-08 12:30
Company Overview - Rocky Mountain Chocolate Factory Inc. is a leading franchiser of premium chocolate and confectionary retail stores, known as America's Chocolatier™ [4] - The company has been producing a wide range of premium chocolates and confectionery products since 1981, including gourmet caramel apples [4] - Headquartered in Durango, Colorado, the company operates nearly 260 stores across the United States and has several international locations [4] Upcoming Conference Call - The company will host a conference call on July 16, 2025, at 9:00 a.m. Eastern time to discuss its fiscal first quarter 2026 results [1] - Attendees can submit questions in advance via email to the investor relations team [2] - The conference call will be available for live broadcast and replay on the company's investor relations website [3] Recognition and Rankings - Rocky Mountain Chocolate Factory is ranked among Entrepreneur's Franchise 500 for 2025 and Franchise Times' Franchise 400 for 2024 [4] - The company's common stock is listed on the Nasdaq Global Market under the symbol "RMCF" [4]
Rocky Mountain Chocolate Factory Announces Intention to File Form 12b-25 and Delay Its Fiscal Year 2025 Earnings Release and Conference Call
Globenewswire· 2025-05-27 20:05
Core Viewpoint - Rocky Mountain Chocolate Factory Inc. intends to file a Form 12b-25 for a late filing of its annual report on Form 10-K for the fiscal year ended February 28, 2025, allowing an automatic extension of 15 days for submission [1]. Company Overview - Rocky Mountain Chocolate Factory, Inc. is a leading franchiser of premium chocolate and confectionary retail stores, known as America's Chocolatier™, producing a wide range of products since 1981 [3]. - The company operates nearly 260 stores across the United States and has several international locations, ranking among Entrepreneur's Franchise 500 for 2025 and Franchise Times' Franchise 400 for 2024 [3]. - The company's common stock is listed on the Nasdaq Global Market under the symbol "RMCF" [3]. Filing Details - The company is working diligently to file the Fiscal 2025 10-K by the Rule 12b-25 deadline of June 13, 2025, and will announce the timing for its fiscal 2025 earnings release and conference call once the filing date is confirmed [2].
Rocky Mountain Chocolate Factory Appoints Brian Quinn to Its Board of Directors
Globenewswire· 2025-03-13 12:30
Core Viewpoint - Rocky Mountain Chocolate Factory Inc. has appointed Brian Quinn to its Board of Directors, enhancing its leadership with expertise in franchising and brand development [1][2][3]. Company Overview - Rocky Mountain Chocolate Factory, Inc. is a leading franchiser of premium chocolate and confectionary retail stores, known as America's Chocolatier™. The company has been producing a wide range of premium chocolates and confectionery products since 1981 [5]. - The company operates nearly 260 stores across the United States and has several international locations. It is recognized in Entrepreneur's Franchise 500 for 2025 and Franchise Times' Franchise 400 for 2024 [5]. Leadership Appointment - Brian Quinn, the new board member, has extensive experience in brand development, franchise expansion, and operational strategy. He is currently the Chief Development Officer at Sonesta International Hotels, where he significantly contributed to the company's growth from fewer than 100 locations to over 1,000 [2]. - Quinn's previous roles include leadership positions at major hospitality and franchising companies, where he was involved in revenue growth and franchise network development [3]. Strategic Alignment - Quinn's expertise in franchising and market expansion aligns with Rocky Mountain Chocolate's long-term vision to enhance brand presence and stimulate franchise store growth through strategic expansion [2][3].