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Rocky Mountain Chocolate Factory, Inc. - RMCF STOCK NEWS

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

Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF) is a leading international franchisor, confectionery manufacturer, and retail operator. Headquartered in the charming old-west town of Durango, Colorado, the company operates with a 53,000 square foot factory on the western slope of the Rocky Mountains. This facility is responsible for crafting an extensive variety of premium chocolate candies and other confectionery delights using proprietary recipes developed by the company's master candy maker. Annually, the factory produces approximately 300 unique chocolate and confectionery products, including clusters, caramels, creams, meltaways, truffles, and molded chocolates.

Rocky Mountain Chocolate Factory, Inc. operates through several segments: Franchising, Manufacturing, Retail Stores, U-Swirl Operations, and Other. Geographically, the company has a significant presence in the United States, Canada, the United Arab Emirates, South Korea, the Philippines, Japan, and Saudi Arabia. The company supplies its franchise locations with freshly made products through its fleet of refrigerated trucks, ensuring the highest quality and taste for their customers.

Recently, the company partnered with Design Well Spent Co., an award-winning retail and hospitality design firm, to revamp the look and feel of its company-owned and franchisee-owned stores. This partnership aims to enhance the in-store customer experience by integrating fresh, experiential design ideas that reflect the brand’s premium quality and innovative spirit. The redesign will begin with the flagship store in Durango and extend to over 150 franchise locations, set to start in the second calendar quarter of 2024.

In addition to its wide array of confectionery products, individual Rocky Mountain Chocolate stores offer a variety of caramel and candy apples, fudge, and specialized chocolate items made in full view of the customer, ensuring a unique and engaging shopping experience. Through its diversified operations and strategic partnerships, Rocky Mountain Chocolate Factory continues to solidify its standing as a beloved purveyor of gourmet chocolates and confections worldwide.

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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.
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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.
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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.
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Rocky Mountain Chocolate Factory welcomes new franchisee from Missouri Western State University
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Rocky Mountain Chocolate Factory Inc. will host a conference call on October 12, 2023, to discuss its fiscal second quarter 2024 results.
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Rocky Mountain Chocolate Factory unveiled its transformational brand refresh, including its streamlined trade name, to nearly 200 franchisees, store managers, and employees attending the Company's 2023 Annual National Franchisee Convention. The brand reimagination reflects the Company's commitment to excellence, innovative offerings, and enhanced customer experiences. It has the potential to create substantial value for current and new franchisees.
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Rocky Mountain Chocolate Factory appoints Scott Ouellet as Senior VP of Manufacturing and Supply Chain
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Rocky Mountain Chocolate Factory, Inc. (Nasdaq: RMCF) will participate in two upcoming investor conferences, showcasing their commitment to engaging shareholders and prospective investors. The Sidoti Micro-Cap Virtual Conference on August 16 – 17, 2023, and the H.C. Wainwright 25th Annual Global Investment Conference from September 11 – 13, 2023, will feature virtual presentations and 1x1 meetings with the management team.
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Rocky Mountain Chocolate Factory, Inc. reports financial and operating results for Q1 2024, with total revenue of $6.4 million, a decrease from $6.9 million in the year-ago quarter. The company achieved over $700,000 in annual cost savings, exceeding expectations. They divested their U-Swirl frozen yogurt business and formed a logistics partnership for more efficient nationwide delivery. Net loss from continuing operations was $1.5 million compared to $0.3 million in the previous year.
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FAQ

What is the current stock price of Rocky Mountain Chocolate Factory (RMCF)?

The current stock price of Rocky Mountain Chocolate Factory (RMCF) is $2.39 as of December 20, 2024.

What is the market cap of Rocky Mountain Chocolate Factory (RMCF)?

The market cap of Rocky Mountain Chocolate Factory (RMCF) is approximately 17.9M.

What does Rocky Mountain Chocolate Factory, Inc. do?

Rocky Mountain Chocolate Factory, Inc. is an international franchisor, confectionery manufacturer, and retail operator specializing in premium chocolate candies and confections.

Where is Rocky Mountain Chocolate Factory headquartered?

The company is headquartered in Durango, Colorado.

What products does Rocky Mountain Chocolate Factory offer?

The company offers a wide range of products including clusters, caramels, creams, meltaways, truffles, molded chocolates, caramel apples, and fudge.

In which countries does Rocky Mountain Chocolate Factory operate?

The company operates in the United States, Canada, the United Arab Emirates, South Korea, the Philippines, Japan, and Saudi Arabia.

Who is Rocky Mountain Chocolate Factory's partner for store redesign?

The company has partnered with Design Well Spent Co., an award-winning retail and hospitality design firm.

When will the store redesigns begin?

The store redesigns are set to start in the second calendar quarter of 2024.

How are products delivered to franchise locations?

Products are delivered fresh to franchise locations by a fleet of refrigerated trucks.

What is unique about the in-store experience at Rocky Mountain Chocolate Factory?

Individual stores prepare various confections in full view of the customer, offering a unique and engaging shopping experience.

Who developed the proprietary recipes used by Rocky Mountain Chocolate Factory?

The proprietary recipes were developed primarily by the company's master candy maker.

How many chocolate and confectionery products does the company typically produce?

The factory typically produces approximately 300 different chocolate and confectionery products.

Rocky Mountain Chocolate Factory, Inc.

Nasdaq:RMCF

RMCF Rankings

RMCF Stock Data

17.85M
5.04M
38.87%
51.54%
0.66%
Confectioners
Sugar & Confectionery Products
Link
United States of America
DURANGO