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Stock Market & Financial Investment News

News Breaks
June 5, 2014
08:16 EDTRMCFRocky Mountain Chocolate reports Q4 EPS 23c, consensus 17c
Reports Q4 revenue $11.1M, one estimate $11.42M. The revenue increase was attributable to increases in factory sales, retail sales from company-owned stores, and royalty, marketing, and franchise fees. Reports Q4 SSS at franchised Rocky Mountain Chocolate Factory retail outlets down 1.5%. Total factory sales increased 4.9% to approximately $7.5M in Q4, versus approximately $7.2M in 4Q13, due to higher sales to international licensed stores, co-branded stores and increased shipments of product to customers outside the company's network of franchised and licensed retail stores. These increases were partially offset by a decrease in the average number of domestic Rocky Mountain Chocolate Factory stores in operation of 6.8%. Factory gross margin declined by 100 basis points to 29.9% of factory sales in Q4, compared with 30.9% in the prior year period, due primarily to higher costs for certain materials.
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July 21, 2014
13:34 EDTRMCFRocky Mountain Chocolate enters stock purchase agreements
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