earnings
confidence high
sentiment negative
materiality 0.70
Rocky Mountain Chocolate Factory Q1 revenue flat at $6.4M; loss deepens to $1.6M
Rocky Mountain Chocolate Factory, Inc.
2025-Q1 EPS reported
-$0.26
revenue$6,407,000
- Total revenue $6.4M flat YoY; product/retail gross profit turned negative at -$0.3M (margin -5.8%) due to higher raw materials and labor.
- Loss from continuing operations $1.6M ($0.26 per share) vs $0.8M loss ($0.24) a year ago.
- Interim CEO outlines turnaround: expect gross margin near historic averages by FY2025 end, adjusted EBITDA near breakeven.
- Company sold land for ~$1M to fund equipment investments; committed over $3M to new equipment and production efficiencies.
- Targets: return to same-store-sales growth in FY2025, expand store count, exceed 30% gross margins by FY2027.