Rocky Mountain Chocolate reports Q3 EPS (12c) vs. (3c) last year

Reports Q3 revenue $7.7M vs. $8.83M last year. During the quarter, the company experienced production constraints in its Durango facility, which impacted fulfillment and offset strong holiday seasonal demand. “While we experienced strong upfront holiday seasonal demand during our fiscal third quarter, we faced production constraints in our Durango facility, which impacted sales and order fulfillment,” said Rob Sarlls, CEO of RMC. “To address these challenges, and as part of our ‘simplify and focus’ effort, we initiated a strategic relocation of all consumer packaging mid-quarter to a third-party provider in Utah, which enabled our production to better fulfill the continued strong demand for our packaged product offerings from both our franchisee network and omni-channel partners. Although this transition had a temporary impact on our operating margins, it was an essential step to ensure a positive outcome for our partners and to strengthen our long-term positioning.”