Rocky Mountain Chocolate Factory, Inc. (RMCF) news stock charts
Rocky Mountain Chocolate Factory, Inc. (RMCF) Investment Summary:
Founded in 1981 and incorporated in Colorado in 1982, Rocky Mountain Chocolate Factory, Inc. (the “Company”, and sometimes referred to herein with the pronouns “we,” “us,” or “our”) is an international franchisor and confectionery manufacturer. The Company is headquartered in Durango, Colorado and manufactures an extensive line of premium chocolate candies and other confectionery products. As of March 31, 2008 there were 5 Company-owned and 329 franchised Rocky Mountain Chocolate Factory stores operating in 38 states, Canada, and the United Arab Emirates. The Company believes approximately 50% of the products sold at Rocky Mountain Chocolate Factory stores are prepared on the premises. The Company believes this in-store preparation creates a special store ambiance and the aroma and sight of products being made attracts foot traffic and assures customers that products are fresh. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f05%2f14%2f0001035704-08-000225.html#FIS_BUSINESS"ROCKY MOUNTAIN CHOC FACT INC (RMCF:NASDAQ)
Snapshot of ROCKY MOUNTAIN CHOC FACT INC (RMCF)
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OPEN
$9.89
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PREVIOUS CLOSE
$9.99
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DAY HIGH
$9.89
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DAY LOW
$9.53
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52 WEEK HIGH
03/17/10 - $10.26
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52 WEEK LOW
03/19/09 - $5.15
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MARKET CAP
58.6M
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AVERAGE VOLUME 10 D
10.7K
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EPS TTM
$0.55
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SHARES OUTSTANDING
6.0M
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EX-DATE
02/24/10
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P/E TTM
17.7x
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DIVIDEND
$0.40
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DIVIDEND YIELD
4.11%
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| K = Thousands M = Millions B = Billions | ||
Key developments for ROCKY MOUNTAIN CHOC FACT INC (RMCF)
Rocky Mountain Chocolate Factory Inc. announced that its Board of Directors has declared a fourth quarter cash dividend of $0.10 per common share outstanding. The cash dividend will be payable March 12, 2010 to shareholders of record at the close of business February 26, 2010.
Rocky Mountain Chocolate Factory Inc. reported operating results for the third quarter and first nine months November 30, 2009. For the quarter, total revenues declined 7.6% to approximately $6.9 million, compared with revenues of approximately $7.4 million in the third quarter of the previous fiscal year. Same-store sales at franchised retail outlets decreased approximately 3.3% during the most recent quarter, when compared with the third quarter of the previous fiscal year, in a continuing reflection of the impact of economic recession upon retailing in general and customer traffic at regional shopping malls in particular. Same-store retail sales decreased 0.5% in the most recent quarter, when compared with the same period in the prior year. Total factory product sales declined 10.6% from last year's third quarter, primarily due to a 4% decrease in same-store pounds purchased by franchisees, a 19.9% decrease in product sales to customers outside the company's system of franchised retail stores, and a 0.9% decrease in the average number of franchised stores. Sales of all franchised and company-owned stores decreased 3.2% to approximately $24.4 million in third quarter, compared with approximately $25.2 million in the corresponding prior-year quarter. Net income decreased 10.9% to $749,963, compared with $842,004 in the corresponding prior-year period. Basic and diluted earnings per share decreased 14.3% to $0.12 as against $0.14 in the quarter ended November 30, 2008. The 7.6% decrease in third quarter revenues was primarily due to the widely-reported declines in customer traffic that regional shopping malls recorded during calendar 2009, along with a tendency for franchisees to emphasize store-made products over factory-made products during periods of economic uncertainty. Income from operations was $1,199,000 income before income taxes was $1,206,000 as compared to income from operations was $1,354,000 income before income taxes was $1,352,000 for the same period last year. For the nine months, the company reported total revenues declined 5.6% to approximately $19.6 million as against revenues of approximately $20.8 million in the first nine months of the prior year. Same-store sales at franchised locations decreased approximately 4.5% when compared with the corresponding period of the previous fiscal year. Sales of all franchised and company-owned stores decreased 5.4% to approximately $77.8 million compared with approximately $82.2 million in the corresponding prior-year period. Net income declined 11.2% to $2,380,039, when compared with $2,678,919 in the first nine months of fiscal year 2009. Basic earnings per share declined 11.1% to $0.40, as against $0.45 in the nine months ended November 30, 2009, while diluted earnings per share declined 13.6% to $0.38, compared with $0.44 in the corresponding period of the previous year. Income from operations was $3,774,000 as compared to $4,317,000 for the same period last year. Income before income taxes was $3,793,000 as compared to $4,320,000 for the same period last year.
Rocky Mountain Chocolate Factory Inc., Q3 2010 Earnings Call, Jan-07 2010
Rocky Mountain Chocolate Factory, Inc. financial resources
RMCF Competitors
| Company | Last | Change |
| Hershey Co/The | $42.98 USD | -0.17 |
| Imperial Sugar Co | $15.20 USD | 0.00 |
| Paradise Inc | $15.40 USD | -2.60 |
| Tootsie Roll Industries Inc | $27.96 USD | -0.01 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | RMCF | Industry Range |
| Price/Earnings | 18.1x |
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| Price/Sales | 2.2x |
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| Price/Book | 4.3x |
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| Price/Cash Flow | 14.6x |
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| TEV/Sales | 2.1x |
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RMCF |
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RMCF transactions
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| No transactions in the last 6 months. | ||
More Recent Financial News About Rocky Mountain Chocolate Factory, Inc.
Cold Stone to open co-branded store at Florida Mall
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Rocky Mountain Chocolate Factory, Inc. Announces Fourth Quarter Cash Dividend of $0.10 per Share
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ROCKY MOUNTAIN CHOCOLATE FACTORY INC Files SEC form 8-K, Regulation FD Disclosure
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Rocky Mountain Chocolate Factory, Inc. Announces Fourth Quarter Cash Dividend of $0.10 per Share
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Rocky Mountain Chocolate Factory, Inc. Announces Third Quarter Cash Dividend of $0.10 Per Share
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Rocky Mountain Chocolate Factory, Inc. to Host Third Quarter Earnings Conference Call on Thursday, January 7, 2010
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Rocky Mountain Chocolate Factory, Inc. Reports Third Quarter Earnings
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Rocky Mountain Chocolate Factory, Inc. Reports Third Quarter Earnings
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Rocky Mountain Chocolate Factory, Inc. to Host Third Quarter Earnings Conference Call on Thursday, January 7, 2010
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ROCKY MOUNTAIN CHOCOLATE FACTORY INC Files SEC form 8-K, Regulation FD Disclosure
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ROCKY MOUNTAIN CHOCOLATE FACTORY INC Files SEC form 8-K, Entry into a Material Definitive Agreement
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Sugar and Cocoa Slump
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Cost cutting boosts Rocky Mountain 2Q profit
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Rocky Mountain Chocolate Factory, Inc. Reports 6% Increase in Second Quarter Earnings
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Q2 2010 Rocky Mountain Chocolate Factory Earnings Release - Time Not Supplied
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Rocky Mountain Chocolate Factory, Inc. to Host Second Quarter Earnings Conference Call on Tuesday, October 6, 2009
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Sweeter profits for Rocky Mountain Chocolate Factory
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ROCKY MOUNTAIN CHOCOLATE FACTORY INC Files SEC form 8-K, Regulation FD Disclosure
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Rocky Mountain Chocolate Factory, Inc. Announces Third Quarter Cash Dividend of $0.10 Per Share
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