---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-028091"
form_type: "8-K"
ticker: "RMCF"
cik: "0001616262"
company_name: "Rocky Mountain Chocolate Factory, Inc."
filed_at: "2023-10-12T23:59:59+00:00"
generated_at: "2026-06-10T00:45:26.707179+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Rocky Mountain Chocolate Q2 revenue flat; gross margin plunges to 7.6%

## Summary
- Revenue unchanged at $6.6M; product/retail gross profit fell to $0.4M from $1.2M, margin 7.6% vs 23.3%.
- Net loss from continuing ops improved to $(1.0M) ($0.16/share) from $(3.2M) ($0.51/share); Adjusted EBITDA -$0.6M vs $0.7M.
- Operating expenses down 16% to $7.6M primarily due to lower proxy contest costs from prior year.
- CEO cites logistics optimization (driver fleet cut 33%), new franchisee royalty structure, brand refresh; expects eCommerce/specialty retail 2H revenue to exceed FY2023 total.
- Labor efficiency improved: labor salaries per pound produced down 16% vs Q1 fiscal 2024.

## SEC filing metadata
- accession: 0001437749-23-028091
- form_type: 8-K
- ticker: RMCF
- cik: 0001616262
- company_name: Rocky Mountain Chocolate Factory, Inc.
- filed_at: 2023-10-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616262/000143774923028091/0001437749-23-028091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616262/000143774923028091/rmcfd20231011_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-028091
- JSON: https://secwatch.observer/filing/0001437749-23-028091.json
- Plain text: https://secwatch.observer/filing/0001437749-23-028091.txt

## Key facts
- Earnings Releases
  Rocky Mountain Chocolate Factory, Inc. reported the three and six months ended August 31, 2023 results: revenue $6.6 million, net income net loss from continuing operations of $1.0 million, EPS $(0.16) per share.
  - Period: the three and six months ended August 31, 2023
  - Revenue: $6.6 million
  - Net income: net loss from continuing operations of $1.0 million
  - EPS: $(0.16) per share
  - Result: reported results
  source text: Total revenue of $6.6 million in the second quarter of 2024 was approximately unchanged compared to $6.6 million in the second quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616262/000143774923028091/0001437749-23-028091-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.