StockWatch
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Specialty Foods
Quarterly ResultJul 14, 2026, 05:27 PM

Rocky Mountain Chocolate Factory Q1 Net Loss $1.2M

AI Summary

Rocky Mountain Chocolate Factory reported a significant increase in net loss for its fiscal first quarter 2027, reaching $1.2 million or $(0.12) per share, compared to a net loss of $0.3 million in the prior year. Total revenue declined to $6.1 million from $6.4 million, and EBITDA turned negative at $(0.6) million. Interim CEO Allen Harper outlined strategic priorities to address challenges, focusing on operational improvements, higher-margin products, and debt restructuring.

Key Highlights

  • Net loss for Q1 fiscal 2027 increased to $1.2 million, or $(0.12) per share, compared to $0.3 million, or $(0.04) per share, in Q1 fiscal 2026.
  • Total revenue decreased to $6.1 million in Q1 fiscal 2027 from $6.4 million in the prior year period.
  • EBITDA was $(0.6) million in Q1 fiscal 2027, down from $0.2 million in Q1 fiscal 2026.
  • Total costs and expenses rose to $7.1 million in Q1 fiscal 2027 from $6.5 million in Q1 fiscal 2026.
  • Interim CEO Allen Harper highlighted priorities including improving production, strengthening fulfillment, pursuing higher-margin products, and addressing debt structure.
  • The company acknowledged continued near-term challenges in its first quarter results.