trending Market Intelligence /marketintelligence/en/news-insights/trending/Z3cmWGkDvO1GeCxt_Alr7w2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Rocky Mountain Chocolate Factory fiscal Q2 profit falls YOY

Blog

So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?

Blog

Industry Top Trends 2021: Oil and Gas

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance


Rocky Mountain Chocolate Factory fiscal Q2 profit falls YOY

Rocky Mountain Chocolate Factory Inc. said its normalized net income for the fiscal second quarter ended Aug. 31 came to 9 cents per share, a decline of 48.7% from 18 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $573,930, a decrease of 51.3% from $1.2 million in the year-earlier period.

The normalized profit margin dropped to 6.2% from 12.4% in the year-earlier period.

Total revenue decreased year over year to $9.3 million from $9.5 million, and total operating expenses increased from the prior-year period to $7.6 million from $7.4 million.

Reported net income decreased 11.7% from the prior-year period to $796,120, or 13 cents per share, from $901,560, or 14 cents per share.