Rocky Mountain Chocolate Factory, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended November 30, 2023
January 11, 2024 at 08:00 am EST
Share
Rocky Mountain Chocolate Factory, Inc. reported earnings results for the third quarter and nine months ended November 30, 2023. For the third quarter, the company reported revenue was USD 0.007697 million compared to USD 0.008825 million a year ago. Net loss was USD 0.000757 million compared to USD 0.000211 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to USD 0.03 a year ago. Basic loss per share was USD 0.12 compared to USD 0.03 a year ago. Diluted loss per share was USD 0.12 compared to USD 0.03 a year ago.
For the nine months, revenue was USD 0.020691 million compared to USD 0.022285 million a year ago. Net loss was USD 0.002579 million compared to USD 0.003967 million a year ago. Basic loss per share from continuing operations was USD 0.52 compared to USD 0.58 a year ago. Diluted loss per share from continuing operations was USD 0.51 compared to USD 0.57 a year ago. Basic loss per share was USD 0.29 compared to USD 0.6 a year ago. Diluted loss per share was USD 0.29 compared to USD 0.6 a year ago.
Rocky Mountain Chocolate Factory, Inc. is an international franchisor of gourmet chocolate, confectionery manufacturer, and retail operator. The Company produces premium chocolate candies and other confectionery products (Durango Products). The Company also sells its candy in select locations outside of its franchised/licensed network of retail stores. The Company operates through four segments: Franchising, Production, Retail Stores, and Other. It produces approximately 400 chocolate candies and other confectionery products, including many varieties of clusters, caramels, creams, toffees, mints, and truffles. Its individual stores also offer numerous varieties of gourmet caramel apples as well as other products prepared in the store from Company recipes. The Company, its subsidiaries, franchisees, and licensees operate approximately 270 Rocky Mountain Chocolate Factory stores across the United States, the Republic of Panama, and the Republic of the Philippines.
ROCKY MOUNTAIN CHOCOLATE FACTORY, INC. 
