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Rocky Mountain Q1 Earnings and Revenues Decline Y/Y
Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF) delivered a loss per share of 26 cents in the first quarter of fiscal 2025, wider than the year-ago quarter's loss of 13 cents per share.
Revenues in Detail
Rocky Mountain registered revenues of $6.4 million in the fiscal first quarter, down 0.5% year over year.
Lower revenues from royalty and marketing fees dampened the topline.
Segment Details
Rocky Mountain derives revenues from three sources — Durango product and retail sales, Franchise fees and Royalty and marketing fees.
For the quarter under review, Durango product and retail sales reported revenues of $5.3 million, up 5.2% from the year-ago quarter. This primarily resulted from improved year-over-year franchisee demand and improved inventory management.
The revenues from the Franchise fees totaled $0.1 million, up 55.6 % year over year. The uptick was primarily the result of store ...