Rocky Mountain Chocolate Factory Q3 revenue up 11%, net loss narrows to $212k from $1.5M

Rocky Mountain Chocolate Factory, Inc.

2022-Q3 EPS reported -$0.64 revenue$8,825,093

Total revenue $9.5M (+11% YoY); gross margin 26.3% (+50 bps).
Net loss improved to $212k ($0.03/sh) from $1.5M ($0.24/sh).
Adjusted EBITDA up 30% to $1.3M from $1.0M.
Operating loss reduced to $212k from $2.0M; G&A down 45%.
CEO completed 27 of 50 pledged store visits; appointed Kelsey Smith as Flagship Operations Manager.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Rocky Mountain Chocolate Factory, Inc. reported financial results for the three months ended November 30, 2022.

Period: the three months ended November 30, 2022
Result: reported results

Exact text from the filing

On January 12, 2023, Rocky Mountain Chocolate Factory, Inc. (the "Company") issued a press release reporting its results of operations for the three months ended November 30, 2022.

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Rocky Mountain Chocolate Factory, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-000957

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