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 ( RMCF ) 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
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 $6.80
Revenue mln
Q2 EPS -$0.09
Q2 Net -$700,00
Income 0
Press Release:
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(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.)