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RMCF — Rocky Mountain Chocolate Factory (Delaware) News Story

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Rocky Mountain Chocolate Factory's Q2 revenue rises to $6.8 mln

Overview

Rocky Mountain fiscal Q2 rev grows to $6.8 mln, reflecting pricing actions and sales mix

Company reports net loss of $0.7 mln, same as year-ago quarter

Gross profit turns negative due to higher input costs and operational inefficiencies

Outlook

Company plans to introduce a new loyalty program and expand digital capabilities

Rocky Mountain Chocolate Factory expects to open a Chicago flagship location around the holidays

Company sees strong development pipeline with interest from multi-unit operators

Result Drivers

REBRANDING AND EXPANSION - Co attributes revenue growth to pricing actions and a more profitable sales mix following exit from lower-margin markets, alongside rebranding and new store developments

OPERATIONAL CHALLENGES - Gross profit negatively impacted by higher input costs and operational inefficiencies despite strategic initiatives

STRATEGIC INITIATIVES - Co is focusing on ERP and POS systems, new leadership, and digital capabilities

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 Revenue$6.80 mln
Q2 EPS-$0.09
Q2 Net Income-$700,000
Press Release: ID:nGNX2tb4j5 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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