trending Market Intelligence /marketintelligence/en/news-insights/trending/FW_Cnchbca3OFCbr7JShqA2 content esgSubNav
In This List

Rocky Mountain Chocolate Factory fiscal Q3 profit falls YOY

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Podcast

Next in Tech | Episode 65: The operations side of AI/ML


Rocky Mountain Chocolate Factory fiscal Q3 profit falls YOY

Rocky Mountain Chocolate Factory Inc. said its normalized net income for the fiscal third quarter ended Nov. 30, 2015, came to 7 cents per share, a decline of 52.6% from 15 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $425,280, a decline of 55.3% from $950,940 in the prior-year period.

The normalized profit margin fell to 4.3% from 9.0% in the year-earlier period.

Total revenue decreased 7.1% on an annual basis to $9.8 million from $10.6 million, and total operating expenses declined 5.0% year over year to $8.6 million from $9.0 million.

Reported net income decreased 56.0% on an annual basis to $421,550, or 7 cents per share, from $957,130, or 15 cents per share.