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Rocky Mountain Chocolate Factory Inc - RMCF STOCK NEWS

Welcome to our dedicated news page for Rocky Mountain Chocolate Factory (Ticker: RMCF), a resource for investors and traders seeking the latest updates and insights on Rocky Mountain Chocolate Factory.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rocky Mountain Chocolate Factory's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rocky Mountain Chocolate Factory's position in the market.

News
Rocky Mountain Chocolate Factory Unveils Tempting Easter Treats and Spring Chocolate Lineup
Rhea-AI Summary
Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF) unveils its 2024 spring chocolate line-up, featuring new chocolate cream eggs, build-your-own Easter basket treats, and Lemon Bar Toffee. The products include 5 varieties of Filled Chocolate Easter Eggs, a Giant Chocolate Egg, and Lemon Bar Toffee, available in retail stores and online. Spring flavors and classic Easter treats are back, along with new favorites to brighten the season.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.44%
Tags
none
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News
Rocky Mountain Chocolate Appoints Industry Veteran and Board Director Starlette B. Johnson as Interim Chief Executive Officer
Rhea-AI Summary
Rocky Mountain Chocolate Factory Inc. announces the appointment of Starlette B. Johnson as the Interim CEO. Ms. Johnson brings extensive experience in customer-facing retail businesses and franchise brands, making her an ideal fit to lead RMC during the transition. The company expresses gratitude to the outgoing CEO, Rob Sarlls, for his contributions and looks forward to returning to growth and profitability in Fiscal 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.89%
Tags
management
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News
Rocky Mountain Chocolate Reports Fiscal Third Quarter 2024 Financial Results
Rhea-AI Summary
Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) reported financial and operating results for its fiscal third quarter, with total revenue at $7.7 million, a decrease from $8.8 million in the year-ago quarter. The company experienced production constraints, impacting fulfillment, and offsetting strong holiday seasonal demand. Gross margin was 10.2%, down from 24.5% due to higher operating costs and a one-time expense associated with the relocation of consumer packing operations. Net loss from continuing operations was $0.8 million or $(0.12) per share, compared to a net loss of $0.2 million or $(0.03) per share in the year-ago quarter. Adjusted EBITDA was $(0.3) million, down from $1.2 million in the year-ago quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.27%
Tags
earnings
News
Rocky Mountain Chocolate Schedules Fiscal Third Quarter 2024 Conference Call for January 11, 2024 at 8:30 A.M. ET
Rhea-AI Summary
Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) will host a conference call on January 11, 2024, to discuss its fiscal third quarter 2024 results. The company is an international franchisor and producer of premium chocolates and confectionery products, including gourmet caramel apples.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
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News
Rocky Mountain Chocolate Appoints Steve Craig to Its Board of Directors
Rhea-AI Summary
Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) announced the appointment of Steve Craig, a seasoned business strategist with over 30 years of executive and board experience, to the Company’s Board of Directors. Mr. Craig's extensive experience in commercial real estate development aligns with the Company's retail franchise expansion strategy. He is also a multi-unit operator of 6 franchised concepts and has been a franchisee of Rocky Mountain Chocolate since 2011.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
Tags
management
-
News
Rocky Mountain Chocolate Engages Award Winning Retail and Hospitality Store Design Firm to Lead the Refresh of Its Company and Franchised-Owned Stores
Rhea-AI Summary
Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) announces a partnership with Design Well Spent Co., LLC to redesign its stores. Design Well Spent Co. brings extensive experience in retail and hospitality design from working with major brands like Amazon®, Starbucks®, and Teavana®. The partnership aims to create a new store look for the Company-owned stores, franchisee-owned stores, and other licensed locations. The redesign process will start in the second quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
Tags
none
News
Rocky Mountain Chocolate Appoints Kara Conklin as New Vice President of Franchise Development
Rhea-AI Summary
Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) announced the completion of its senior leadership team with the appointment of Kara Conklin as the new Vice President of Franchise Development. This move, along with ongoing rebranding and store redesign efforts, positions the company to secure new store opening commitments and aims to open over 100 new franchised stores in the next few years. Ms. Conklin brings nearly two decades of franchise development and operating experience, with a strong track record in multi-unit operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
management
-
News
Rocky Mountain Chocolate to Present at the 15th Annual Southwest Ideas Conference on November 16 in Dallas, TX
Rhea-AI Summary
Rocky Mountain Chocolate Factory Inc. (Nasdaq: RMCF) announces participation in Southwest IDEAS Conference on November 15-16, 2023. The management team will present on November 16 at 11:05 a.m. ET and host one-on-one meetings. The presentation will be webcast and accessible through the conference and company websites.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.74%
Tags
conferences
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News
Rocky Mountain Chocolate releases modern takes on holiday classics, peppermint bark truffles and salted peanut toffee
Rhea-AI Summary
Rocky Mountain Chocolate Factory, Inc. has announced its holiday chocolate line-up for 2024, featuring classic holiday flavors and new favorites. The products include Peppermint Bark Truffles, Salted Peanut Toffee, and Merry & Bright Holiday Gift Box. These limited-time offerings are available through retail stores and online. In addition, the company offers a variety of signature gifts year-round.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.66%
Tags
none
News
Rocky Mountain Chocolate Factory Reports Fiscal Second Quarter 2024 Financial Results
Rhea-AI Summary
Rocky Mountain Chocolate Factory Inc. reports financial and operating results for Q2 2023. The company continues to execute its Strategic Transformation Plan and expects material revenue growth in the upcoming quarters. The eCommerce business has been improved with trusted third-party service providers and the elimination of customer shipping charges. Efficiency gains were achieved through a reduction in the driver fleet and labor cost reduction. The company also implemented a streamlined franchisee royalty structure and volume-based discount program. A brand refresh was unveiled during the Annual National Franchisee Convention, and the company participated in its first investor conference in nearly a decade.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.03%
Tags
earnings
Stock RMCF logo
Rocky Mountain Chocolate Factory Inc

Nasdaq:RMCF

RMCF Rankings

#5074 Ranked by Market Cap
#4302 Ranked by Stock Gains
N/A Ranked by Dividends

RMCF Stock Data

22.48M
4.78M
24.43%
50.21%
0.11%
Nonchocolate Confectionery Manufacturing
Manufacturing
Link
United States
Durango

About RMCF

rocky mountain chocolate factory is an international franchisor, confectionery manufacturer and retail operator in the united states, canada, the united arab emirates, korea, the philippines, japan and ksa. the company is based in the charming old-west town of durango located on the western slope of the rocky mountains in southwestern colorado. from its 53,000 square foot factory, the company manufactures an extensive line of premium chocolate candies and other confectionery products to supply its many franchise locations, delivered fresh by its fleet of refrigerated trucks. the factory typically produces approximately 300 chocolate candies and other confectionery products, using proprietary recipes developed primarily by its master candy maker. these products include many varieties of clusters, caramels, creams, meltaways, truffles and molded chocolates. individual stores prepare a variety of caramel and candy apples, fudge, chocolate items and confections in full view of the customer