Rocky Mountain Chocolate Factory, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended November 30, 2022
January 12, 2023 at 04:11 pm EST
Share
Rocky Mountain Chocolate Factory, Inc. reported earnings results for the third quarter and nine months ended November 30, 2022. For the third quarter, the company reported revenue was USD 9.48 million compared to USD 8.51 million a year ago. Net loss was USD 0.212 million compared to USD 1.48 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.24 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to USD 0.24 a year ago.
For the nine months, revenue was USD 24.83 million compared to USD 24.03 million a year ago. Net loss was USD 3.97 million compared to USD 0.701 million a year ago. Basic loss per share from continuing operations was USD 0.64 compared to USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.64 compared to USD 0.11 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. 
