Rocky Mountain Chocolate Factory, Inc., together with its subsidiaries, operates as a confectionery franchisor, manufacturer, and retail operator. It operates through five segments: Franchising, Manufacturing, Retail Stores, U-Swirl Operations, and Other. The company produces approximately 450 chocolate candies and other confectionery products, including clusters, caramels, creams, toffees, mints, and truffles; and offers 15 varieties of caramel apples and other products that are prepared in individual stores, as well as provides ice cream, coffee, and other sundries. As of March 31, 2021, it operated two company-owned, 98 licensee-owned, and 211 franchised Rocky Mountain Chocolate Factory stores operating in 37 states in Canada, South Korea, Panama, and the Philippines; three company-owned, and 72 franchised and licensed stores located in 23 states and Qatar; and self-serve frozen yogurt cafés under the U-Swirl, Yogurtini, CherryBerry, Yogli Mogli Frozen Yogurt, Fuzzy Peach Frozen Yogurt, Let's Yo!, and Aspen Leaf Yogurt brand names. The company has strategic alliance with Edible Arrangements, LLC and its affiliates to provide certain branded chocolate products. Rocky Mountain Chocolate Factory, Inc. was founded in 1981 and is headquartered in Durango, Colorado.
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Exchange: NASDAQ
Website: rmcf.com
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DURANGO, Colo., Nov. 14, 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 the opening of two new stores and one kiosk location across three U.S. markets. RMCF is pleased to highlight the success and commitment of its franchisees, who are bringing the Rocky Mountain Chocolate Factory experience to Chicago, Illinois; Charleston, South Carolina; and Brandon, Florida. In Downtown Chicago, Tyson Minnick, a dedicated franchisee of eleven years, will open his third store, which will be loc
DURANGO, Colo., Oct. 15, 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, is reporting financial and operating results for its fiscal second quarter ended August 31, 2024. "We are pleased with our progress this quarter as we begin executing our multi-year strategic plan," said Jeff Geygan, Interim CEO of RMCF. "We have been focused on several critical areas of the business: strengthening the company's liquidity, rebuilding a strong executive team, expanding our franchise network, and laying a solid f
DURANGO, Colo., Oct. 04, 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 entered into a new three-year $6 million credit agreement with RMC Credit Facility, LLC, a special purposes investment entity affiliated with current RMCF board member Steve Craig. "This credit facility is a key component of our capital structure, enabling us to invest further in equipment and machinery while funding our growth initiatives," stated Jeff Geygan, Interim CEO of RMCF. "With a strengthened balance sheet
DURANGO, Colo., Oct. 03, 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 Tuesday, October 15, 2024 at 5:00 p.m. Eastern time to discuss its fiscal second 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 conference call, followed by a question-and-answer period. Attendees are invited to submit questions ahead of the call by emailing the Company's investor relations team at RMCF@ele
DURANGO, Colo., Sept. 11, 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, announced today that it will host an Investor Day on Thursday, September 12, 2024, with presentations given by members of the executive management team. Event DetailsDate: Thursday, September 12, 2024Time: 9:00 a.m. – 11:30 a.m. (Mountain Time)Webcast link: https://zoom.us/j/93932452560?pwd=iWDXBfK7B4auBqDdE60uwu4z6nq0xL.1 To access the Investor Day via phone, please use one of the following dial-ins:USA: (929) 205-6099M
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 the securities purchase agreement, RMCF sold an aggregate of 1.25 million shares of its common stock at a price of $1.75 per share. The issuance price reflects a 15% premium to the clos
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, today announced that it has entered into a securities purchase agreement for a private investment in public equity ("PIPE") financing that is expected to result in gross proceeds of approximately $2.2 million to the Company, before deducting offering expenses. Pursuant to the terms of the securities purchase agreement, RMCF is selling an aggregate of 1.25 million shares of its common stock at a price of $1.75 per share. The
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 throughout her career. Ms. Cass previously served as CEO at multimedia agency Ballantine Communications in Durango, CO, where she oversaw all aspects of the company's long-term goals, growth
- Company to Host Conference Call Today at 5:00 p.m. ET - DURANGO, Colo., July 15, 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, is reporting financial and operating results for its fiscal first quarter ended May 31, 2024. "We are in the midst of a pivotal transition as we revamp the framework of our previous transformation plan and the leadership team to execute it," said Interim CEO Jeff Geygan. "The Board of Directors has outlined a clear mandate to identify and rectify deficiencies in our pri
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 conference call, followed by a question-and-answer period. Attendees are invited to submit questions ahead of the call by emailing the Company's investor relations team at RMCF@elevate-
DURANGO, Colo., Oct. 15, 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, is reporting financial and operating results for its fiscal second quarter ended August 31, 2024. "We are pleased with our progress this quarter as we begin executing our multi-year strategic plan," said Jeff Geygan, Interim CEO of RMCF. "We have been focused on several critical areas of the business: strengthening the company's liquidity, rebuilding a strong executive team, expanding our franchise network, and laying a solid f
DURANGO, Colo., Oct. 03, 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 Tuesday, October 15, 2024 at 5:00 p.m. Eastern time to discuss its fiscal second 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 conference call, followed by a question-and-answer period. Attendees are invited to submit questions ahead of the call by emailing the Company's investor relations team at RMCF@ele
- Company to Host Conference Call Today at 5:00 p.m. ET - DURANGO, Colo., July 15, 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, is reporting financial and operating results for its fiscal first quarter ended May 31, 2024. "We are in the midst of a pivotal transition as we revamp the framework of our previous transformation plan and the leadership team to execute it," said Interim CEO Jeff Geygan. "The Board of Directors has outlined a clear mandate to identify and rectify deficiencies in our pri
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 conference call, followed by a question-and-answer period. Attendees are invited to submit questions ahead of the call by emailing the Company's investor relations team at RMCF@elevate-
- Third Consecutive Quarter of Margin Improvement and New Third-Party Co-Packer Set Stage for Improved Results for FY'25 - - Company to Host Conference Call Tomorrow at 8:30 a.m. ET - DURANGO, Colo., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) (the "Company", "we", "RMC", or "Rocky Mountain Chocolate"), an international franchisor and producer of premium chocolates and other confectionery products including gourmet caramel apples, is reporting financial and operating results for its fiscal third quarter ended November 30, 2023. Fiscal Q3 2024 Financial Results vs. Year-Ago Quarter Total revenue was $7.7 million in the third quarter of 2024 com
DURANGO, Colo., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) (the "Company", "we", "RMC", or "Rocky Mountain Chocolate"), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, will host a conference call on Thursday, January 11, 2024 at 8:30 a.m. Eastern time to discuss its fiscal third quarter 2024 results. The Company's results will be reported in a press release prior to the call. The RMCF management team will host the conference call, followed by a question-and-answer period. Attendees are invited to submit questions ahead of the call by emailing the Company's invest
- Company Continues to Execute Across its Three Strategic Pillars, Reveals Transformational Brand Refresh, and Anticipates Acceleration of eCommerce and Specialty Retail Revenues for the Holidays - - Company to Host Conference Call Tomorrow at 8:30 a.m. ET - DURANGO, Colo., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) (the "Company", "we", "RMC", or "Rocky Mountain Chocolate"), an international franchisor and producer of premium chocolates and other confectionery products including gourmet caramel apples, is reporting financial and operating results for its second quarter ended August 31, 2023. The Company will host a conference call tomorrow at 8
DURANGO, Colo., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) (the "Company", "we", "Rocky Mountain Chocolate", or "RMCF"), an international franchisor and producer of premium chocolates and other confectionery products, will host a conference call on Thursday, October 12, 2023 at 8:30 a.m. Eastern time to discuss its fiscal second quarter 2024 results. The Company's results will be reported in a press release prior to the call. The RMCF management team will host the conference call, followed by a question-and-answer period. Attendees are invited to submit questions ahead of the call by emailing the Company's investor relations team at RMCF@elevate-
- Company Makes Progress on its Three Strategic Pillars, Including $700K in Executed Annual Cost Savings, Sale of Non-Core Frozen Yogurt Business and New Revenue Enhancing Logistics Partnership - - Company to Host Conference Call Today at 5:00 p.m. ET - DURANGO, Colo., July 13, 2023 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company", "we" or "RMCF"), an international franchisor and processor of premium chocolates and other confectionary products, is reporting financial and operating results for the three months ended May 31, 2023. The Company will host a conference call today at 5:00 p.m. Eastern time to discuss the results. "During the quarter, we
DURANGO, Colo., June 29, 2023 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company", "we" or "RMCF"), an international franchiser and manufacturer of premium chocolates and other confectionary products, will host a conference call on Thursday, July 13, 2023 at 5:00 p.m. Eastern time to discuss its fiscal first quarter 2024 results. The Company's results will be reported in a press release prior to the call. The RMCF management team will host the conference call, followed by a question-and-answer period. Attendees are invited to submit questions ahead of the call by emailing the Company's investor relations team at [email protected]. The conference call
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 throughout her career. Ms. Cass previously served as CEO at multimedia agency Ballantine Communications in Durango, CO, where she oversaw all aspects of the company's long-term goals, growth
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 leading strategic finance initiatives, including in various C-suite and Board-level positions across public and private companies. Prior to RMCF, Mr. Arnold was a director on the Board
DURANGO, Colo., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) (the "Company", "we", "RMC", or "Rocky Mountain Chocolate"), an international franchisor and producer of premium chocolates and other confectionery products including gourmet caramel apples, today announced that the Board of Directors ("Board") has appointed Starlette B. Johnson to the role of Interim Chief Executive Officer ("CEO"). Ms. Johnson has been a director on the RMC Board since March 2023. She brings more than thirty years of success in customer-facing retail businesses, including pivotal leadership experience in the franchise restaurant and hospitality sectors. Ms
DURANGO, Colo., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) (the "Company", "we", "RMC", or "Rocky Mountain Chocolate"), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, today announced that Steve Craig has been appointed to the Company's Board of Directors. Mr. Craig is a seasoned business strategist with over 30 years of executive and board experience for both public and private companies, primarily in the real estate sector. For nearly four decades he has developed, owned and operated commercial real estate, primarily outdoor malls for retail shops and restaurants
Addition Represents Completion of New Leadership Team Company Seeks to Secure Multi-Unit Expansion Agreements toOpen 100+ New Franchised Stores Over Next Several Years DURANGO, Colo., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) (the "Company", "we", "RMC", or "Rocky Mountain Chocolate"), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, today announced the completion of the rebuilding of the Company's senior leadership team with the appointment of Kara Conklin as its new Vice President of Franchise Development, effective November 13th. She is reporting directly to R
DURANGO, Colo., Sept. 22, 2023 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company", "we" or "RMCF"), an international franchisor and producer of premium chocolates and other confectionary products, announced today that global snack industry veteran Scott Ouellet has been appointed to the role of Senior Vice President, Manufacturing and Supply Chain, effective September 18, 2023. Mr. Ouellet has acted as a Senior Supply Chain Advisor to RMCF since October 2022. Mr. Ouellet brings over 25 years of experience in supply chain transformation and strategic business advisory, primarily in the confection and snack industries. Prior to his engagement with RMCF,
DURANGO, Colo., May 08, 2023 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company," "we" or "RMCF"), an international franchiser and manufacturer of gourmet chocolates and other confectionary products, today announced the retirement of Gregory L. Pope, Senior Vice President – Franchise Development, effective May 3, 2023. The Company has begun a nationwide search to secure a new franchise leader. Mr. Pope has agreed to serve as a consultant to the Company until December 31, 2023. Mr. Pope has been an instrumental part of the Company since joining in October 1990. He worked in a variety of store-related functions including store openings, store managem
Durango, Colorado--(Newsfile Corp. - March 8, 2023) - Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company", "we" or "RMCF"), a leading manufacturer and international franchiser of gourmet chocolates and other confectionary products, today announced that Starlette Johnson has been appointed to the Company's Board of Directors.Ms. Johnson is a results-driven business strategist and operations leader with more than thirty years of success in consumer-facing retail businesses, including extensive experience in the franchise restaurant and hospitality business sectors. Her leadership roles with global brands included serving as President/COO of Dave & Buster's and as EVP/Chief Stra
Dismissal of All Pending Lawsuits and New Standstill Agreement Until 2025 Enable Company to Execute on Its Strategic TransformationDurango, Colorado--(Newsfile Corp. - December 19, 2022) - Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company," "we" or "RMCF"), a leading manufacturer and international franchiser of gourmet chocolates and other confectionary products, has entered into a Settlement Agreement and Release by and among the Company, Bradley L. Radoff, Andrew T. Berger, AB Value Partners, LP, AB Value Management LLC and Mary Bradley (together the "Parties") pertaining to, among other things, the dismissal of all pending lawsuits between the Parties and the appointment
Durango, Colorado--(Newsfile Corp. - November 15, 2022) - Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company," "we" or "RMCF"), a leading manufacturer and international franchiser of gourmet chocolates and other confectionary products, today announced the appointment of Kelsey Smith as Flagship Operations Manager. Smith will be responsible for converting the Company's Durango, CO store into a flagship operation representing the best in products, customer service, and overall store operations. She will work closely with RMCF colleagues representing all aspects of the business, including operations, marketing, business development, franchise support, and training. "It is both e
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 throughout her career.
Rocky Mountain Chocolate (NASDAQ:RMCF) reported quarterly losses of $(0.26) per share. This is a 8.33 percent decrease over losses of $(0.24) per share from the same period last year. The company reported $6.41 million in sales this quarter. This is a 0.45 percent decrease over sales of $6.44 million the same period last year.
Shares of SeaStar Medical Holding Corporation (NASDAQ:ICU) fell sharply during Wednesday's session after the company entered into a $10 million registered direct offering of 947,868 shares at $10.55 per share. SeaStar Medical shares dipped 34% to $8.55 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Virpax Pharmaceuticals, Inc. (NASDAQ:VRPX) shares jumped 139% to $2.78 after the company announced results for a Swine Model pilot study for Probudur. Kazia Therapeutics Limited (NASDAQ:KZIA) gained 129% to $0.4325 after the company announced results from GBM-AGILE, a phase II/III study that included an evaluation of paxalisib versus standard of
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 as a result of Jeff Geygan's recent appointment to Interim-CEO, he has yielded his position as Chair of the Board of Directors ("Board"), in accordance with the Company's governance policies. The Board has elected Starlette B. Johnson to serve as Board Chair.
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The biggest squeeze in the cocoa market in more than a decade has pushed prices of the commodity to record highs in recent sessions as hedge funds have piled into cocoa futures since the start of the year. This has been great news for the speculative investors and funds at the heart of this trade, but bad news for chocolate consumers and manufacturers, such as Hershey Co. (NYSE:HSY). In speculative positioning across commodity markets in New York and London, traders — including hedge funds — have built up a massive $8.7 billion position, the largest ever in dollar terms, according to data from the Commodity Futures Trading Commission. Also Read: Valentine’s Day Chocolate This Ye
Rocky Mountain Chocolate (NASDAQ:RMCF) reported quarterly losses of $(0.12) per share. This is a 300 percent decrease over losses of $(0.03) per share from the same period last year. The company reported $7.70 million in sales this quarter. This is a 18.74 percent decrease over sales of $9.48 million the same period last year.
Companies Reporting After The Bell • Rocky Mountain Chocolate (NASDAQ:RMCF) is projected to report earnings for its third quarter. • Calamos Glb Total (NASDAQ:CGO) is projected to report quarterly earnings at $2.06 per share on revenue of $781.40 million. • KB Home (NYSE:KBH) is expected to report quarterly earnings at $1.70 per share on revenue of $1.62 billion. • Richardson Electronics (NASDAQ:RELL) is estimated to report quarterly earnings at $0.01 per share on revenue of $52.00 million. This article was generated by Benzinga's automated content engine and reviewed by an editor.