Rocky Mountain Chocolate Factory, Inc.

Rocky Mountain Chocolate Factory, Inc. announced the appointment of former Board member Al Harper as Interim Chief Executive Officer and Principal Executive Officer for a 180-day term, effective immediately. The Board expressed confidence in Mr. Harper's extensive leadership experience and deep understanding of franchising and the Company's business. The Company stated that it does not anticipate any changes to its strategic direction or day-to-day operations as a result of this leadership transition, emphasizing its commitment to supporting franchisees and executing strategic priorities.

Rocky Mountain Chocolate Factory, Inc. announced that Jeffrey R Geygan has resigned from his position as interim CEO, effective June 26, 2026. Mr. Geygan will, however, remain a member of the company's Board of Directors.

Rocky Mountain Chocolate Factory, Inc. announced the grand opening of two new franchise locations, one in Tinton Falls, New Jersey, and another in Folsom, California. This marks a historic coast-to-coast expansion for the company, with ribbon cuttings scheduled for consecutive days on June 26 and June 27, 2026. The openings highlight the brand's continued growth momentum, successful franchise development, and expanding presence across the United States, with existing franchisees investing further in the brand.

Rocky Mountain Chocolate Factory, Inc. announced a change in its independent registered public accounting firm. The Audit Committee approved the engagement of Rosenberg Rich Baker Berman, P.A. (RRBB) for the fiscal year ending February 28, 2027, and simultaneously dismissed CohnReznick LLP. While CohnReznick's prior reports included an explanatory paragraph about going concern, the company confirmed there were no disagreements or reportable events with CohnReznick, and no prior consultations with RRBB on accounting matters.

Rocky Mountain Chocolate Factory reported mixed financial results for its fiscal fourth quarter and full year ended February 28, 2026. While Q4 revenue declined to $6.8 million and net loss increased to $3.4 million, the full fiscal year saw a significant improvement in profitability metrics. The company's net loss for FY26 narrowed to $4.6 million from $6.1 million, and EBITDA improved to $(2.1) million from $(4.7) million, despite a decrease in total revenue to $27.5 million. Management highlighted substantial progress in operational transformation, improving product margin profile, and enhancing business foundations.

Rocky Mountain Chocolate Factory, an international franchisor and confectionery producer, provided an overview of its operations for the fiscal year ended February 28, 2026. The company reported 3 Company-owned, 111 licensee-owned, and 139 franchised stores across 34 states and the Philippines. Revenues for FY2026 were primarily derived from sales to franchisees and third parties (71%), initial franchise fees, royalties, and marketing fees (22%), and Company-owned store sales (7%). The company continues to focus on product quality, store ambiance, and expansion through unit growth and multi-unit operators.

Rocky Mountain Chocolate Factory, Inc. announced it will host a conference call on Tuesday, June 2, 2026, at 9:00 a.m. Eastern time. The call is scheduled to discuss the company's fiscal fourth quarter and full year 2026 financial results, which will be released in a press release before the call. Investors can submit questions ahead of time and access a live webcast or replay on the company's investor relations website.

Rocky Mountain Chocolate Factory, Inc. announced its participation in the LD Micro Invitational XVI Conference from May 17-19, 2026, in Los Angeles, CA. Interim CEO Jeff Geygan is scheduled to deliver an investor presentation and host one-on-one meetings with investors on May 18 at 3:00 p.m. PT. A live webcast of the presentation will be available, with a replay accessible on the company's investor relations website.

Rocky Mountain Chocolate Factory announced preliminary Q4 and fiscal year 2026 results, with Q4 revenue estimated between $6.4M-$7.4M, a 22% year-over-year decrease, and full-year revenue down 7% to $27.1M-$28.1M. Despite the revenue decline, the company reported a significant 55% improvement in full-year EBITDA, estimated at $(1.6M)-$(2.6M). Management highlighted progress in operational and strategic initiatives, including reducing low-margin business, strong performance in remodeled stores, and new development agreements for 40 future locations, alongside an upcoming collaboration with Miraculous and a new mobile app launch.

Rocky Mountain Chocolate Factory, Inc. announced that its Nashville, Tennessee location at Opry Mills will become a corporate-owned store, increasing its internal fleet from three to four. This strategic move aims to create a controlled environment for testing and refining key initiatives, including product innovation, merchandising, and digital integration, to enhance the overall retail experience. The company is also leveraging a new point-of-sale platform across over 120 franchise stores and has launched third-party delivery and catering services, all part of a broader transformation strategy to drive system-wide growth and operational excellence.