Revenue Update on Rocky Mountain Chocolate Factory(NASDAQ:RMCF)

Rocky Mountain Chocolate Factory(NASDAQ:RMCF) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during Pre-market on Jul 12, 2016. Earnings per share were $0.13.

Rocky Mountain Chocolate Factory (RMCF) shares turned negative on Fridays trading session with the shares closing down -0.032 points or -0.31% at a volume of 10,498. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $10.43. The peak price level was also seen at $10.43 while the days lowest was $10.32. Finally the shares closed at $10.4. The 52-week high of the shares is $13.18 while the 52-week low is $9.3. According to the latest information available, the market cap of the company is $60 M.

Several Insider Transactions has been reported to the SEC. On May 25, 2016, Gerald A Kien (director) sold 10,100 shares at $9.97 per share price.Also, On Feb 4, 2016, Gregory L Pope (Sr. VP Franchise Development) sold 2,800 shares at $10.62 per share price.On Nov 9, 2015, M Kinney Jeremy (VP Finance) sold 2,000 shares at $10.90 per share price, according to the Form-4 filing with the securities and exchange commission.

Rocky Mountain Chocolate Factory Inc. is an international franchisor and confectionery manufacturer. As of March 31 2014 there were 6 Company-owned 77 licensee-owned and 282 franchised Rocky Mountain Chocolate Factory stores operating in 40 states Canada Japan South Korea and the United Arab Emirates. The Company sells products through specialty markets including wholesale fundraising corporate sales mail order private label and internet sales. The Company produces approximately 300 chocolate candies and other confectionery products using recipes developed primarily by its master candy makers. These products include many varieties of clusters caramels creams mints and truffles. The Company uses finest chocolates nut meats and other wholesome ingredients in the candies and continually strives to offer new confectionery items. The Company develops special packaging for the Christmas Valentine’s Day and Easter holidays.

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