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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].