Rocky Mountain Chocolate: Fiscal 3Q Earnings Snapshot
January 14, 2021 GMT
DURANGO, Colo. (AP) Rocky Mountain Chocolate Factory Inc. (RMCF) on Wednesday reported fiscal third-quarter net income of $524,000, after reporting a loss in the same period a year earlier.
The Durango, Colorado-based company said it had profit of 8 cents per share.
The confectionery producer and retailer posted revenue of $7.2 million in the period.
The company’s shares closed at $4.15. A year ago, they were trading at $8.91.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RMCF at https://www.zacks.com/ap/RMCF
Rocky Mountain Chocolate Factory, Inc. Reports First Nine Months of Fiscal Year 2021 Operating Results
DURANGO, CO / ACCESSWIRE /
January 13, 2021 / Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the Company, we or our ) today reported its operating results for the three and nine months ended November 30, 2020. The Company franchises and operates gourmet chocolate and confection stores and self-serve frozen yogurt cafés, and manufactures an extensive line of premium chocolates and other confectionery products.
COVID-19
We have experienced business disruptions resulting from efforts to contain the rapid spread of the novel coronavirus ( COVID-19 ), including the vast mandated self-quarantines and closures of non-essential business throughout the United States and around the world. Nearly all stores have been directly and negatively impacted by public health measures taken in response to the COVID-19 pandemic, with nearly all locations experiencing reduced operations