Rocky Mountain Chocolate Azioni (NASDAQ: RMCF)

Ultime notizie per Rocky Mountain Chocolate (NASDAQ:RMCF) Azioni

Rocky Mountain Chocolate

Rocky Mountain Chocolate Factory Inc operates as a manufacturer of chocolate candies and confectionery products. The business activity of the firm functions through Franchising, Manufacturing, Retail Stores, U-Swirl Operations, and Other t. The products of the company include varieties of Clusters, Caramels, Creams, Toffees, Mints, and Truffles.

Rocky Mountain Chocolate Factory, Inc. - Common Stock

Rocky Mountain Chocolate Factory Inc

Rocky Mountain Chocolate (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCF#NASDAQ">RMCF</a>) reported quarterly losses of $(0.11) per share. This is a 31.25 percent increase over losses of $(0.16) per share from the same period last year. The company reported $6.38 million in sales this quarter. This is a 2.71 percent decrease over sales of $6.56 million the same period last year.

Earnings

News

RMCF

Rocky Mountain Chocolate Q2 EPS $(0.11) Up From $(0.16) YoY, Sales $6.38M Down From $6.56M YoY

<ul>
<li>Total revenue for the second quarter of 2025 was $6.4 million compared to $6.6 million in the year-ago quarter.</li>
<li>Total product and retail gross profit was $0.6 million compared to $0.4 million. Gross margin improved to 11.5% compared to 7.7%.&nbsp;The increase was primarily attributable to increased pricing and improved operating efficiencies.</li>
<li>Total Costs and Expenses were reduced to $7.3 million compared to $7.6 million in the year-ago period.</li>
<li>Net loss for the quarter was $0.7 million or ($0.11) per share, compared to net loss of $1.0 million or ($0.16) per share in fiscal Q2 2024.</li>
</ul>

Rocky Mountain Chocolate Factory Q2 2025 Revenue $6.4M Vs $6.6M YoY

Rocky Mountain Chocolate Factory Closes $2.2M PIPE Financing Agreement; Proceeds To Support Company Growth

Rocky Mountain Chocolate Factory Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCF#NASDAQ">RMCF</a>) shares are trading higher by 13.2% to $1.72 during Tuesday&#8217;s session. The company announced a <a href="https://www.benzinga.com/pressreleases/24/08/g40185473/rocky-mountain-chocolate-factory-announces-2-2-million-private-placement">$2.2 million private placement</a>.
The company is issuing 1.25 million shares of its common stock at $1.75 per share, which is a 15% premium over its closing stock price on August 5. The PIPE transaction is anticipated to close around August 6, provided all standard closing conditions are met.
The proceeds from this financing will be allocated towards working capital and other general corporate needs. Rocky Mountain Chocolate Factory says this move reflects the company&#8217;s strategy to bolster its financial resources for operational and strategic purposes.
Read Also: <a href="https://www.benzinga.com/news/24/08/40195689/whats-going-on-with-netease-ntes-stock">What&#8217;s Going On With NetEase Stock?</a>
<h2 class="wp-block-heading">How To Buy RMCF Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Rocky Mountain Chocolate&#8217;s case, it is in the Consumer Staples sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, RMCF has a 52-week high of $5.85 and a 52-week low of $1.50.

Why Rocky Mountain Chocolate Factory (RMCF) Shares Are Skyrocketing

WIIM

Rocky Mountain Chocolate Factory shares are trading higher. The company announced a $2.2 million private placement.

Rocky Mountain Chocolate Factory Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCF#NASDAQ">RMCF</a>) (the "Company", "we", or "RMCF"), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, today announced that it has entered into a securities purchase agreement for a private investment in public equity ("PIPE") financing that is expected to result in gross proceeds of approximately&nbsp;$2.2 million&nbsp;to the Company, before deducting offering expenses. &nbsp;
Pursuant to the terms of the securities purchase agreement, RMCF is selling an aggregate of 1.25 million shares of its common stock at a price of&nbsp;$1.75&nbsp;per share. The issuance price reflects a 15% premium to the closing stock price on August 5, 2024. The PIPE financing is expected to close on or about&nbsp;August 6, 2024, subject to satisfaction of customary closing conditions.
The Company intends to use the net proceeds for working capital and general corporate purposes.

Offerings

Rocky Mountain Chocolate Factory Proposes $2.2M Private Placement Of 1.25M Shares Of Its Common Stock At A Price Of $1.75 Per Share

Rocky Mountain Chocolate Factory Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCF#NASDAQ">RMCF</a>) (the "Company", "we", or "RMCF"), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, has appointed Carrie E. Cass as Chief Financial Officer, effective August 5, 2024. Ms. Cass brings a wealth of experience in financial management, manufacturing and strategic leadership to RMCF, having served in various high-profile roles throughout her career.

Management

Rocky Mountain Chocolate Factory Appoints Carrie E. Cass As CFO, Effective August 5, 2024

Rocky Mountain Chocolate Factory, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rmcf#NASDAQ">RMCF</a>) delivered a loss per share of 26 cents in the first quarter of fiscal 2025, wider than the year-ago quarter&#39;s loss of 13 cents per share.
<h3>Revenues in Detail</h3>
Rocky Mountain registered revenues of $6.4 million in the fiscal first quarter, down 0.5% year over year.
Lower revenues from royalty and marketing fees dampened the topline.
<h3>Segment Details</h3>
Rocky Mountain derives revenues from three sources &mdash; Durango product and retail sales, Franchise fees and Royalty and marketing fees.
For the quarter under review, Durango product and retail sales reported revenues of $5.3 million, up 5.2% from the year-ago quarter. This primarily resulted from improved year-over-year franchisee demand and improved inventory management.
The revenues from the Franchise fees totaled $0.1 million, up 55.6 % year over year. The uptick was primarily the result of store ownership transfer fees received.
The Royalty and marketing fees generated revenues of $1.1 million, down 23.1% from the year-ago quarter. This was primarily due to a decrease in stores year over year that are subject to royalty fees.
<div class="chart_embed">
<h3>Rocky Mountain Chocolate Factory, Inc. Price, Consensus and EPS Surprise</h3>
<img alt="Rocky Mountain Chocolate Factory, Inc. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/e7/1721141014.png" style="height:266px; width:620px" title="" />
Rocky Mountain Chocolate Factory, Inc. price-consensus-eps-surprise-chart | Rocky Mountain Chocolate Factory, Inc. Quote
</div>
<h3>Rocky Mountain Gross Margin</h3>
In the quarter under review, Rocky Mountain&#39;s gross margin decreased to (5.8)% from a gross margin of 5.1% in the year-ago quarter. This primarily resulted from increased raw material and labor costs.
<h3>Operating Expenses Analysis</h3>
Sales and marketing expenses decreased 9.1% year over year to $0.4 million, primarily due to operational efficiencies and cost-cutting measures.
General and administrative expenses decreased 35.9% year over year to $1.2 million due to a decrease in legal fees that were incurred in the prior year related to contested solicitation of proxies.
<h3>Profitability</h3>
Loss from operations totaled $1.6 million, wider than the year-ago quarter&#39;s loss of $1.5 million.
In the fiscal first quarter, Rocky Mountain&#39;s net loss was $1.7 million, wider than the year-ago quarter&#39;s net loss of $0.8 million.
<h3>Liquidity &amp; Debt Management</h3>
Rocky Mountain exited first-quarter fiscal 2025 with cash and cash equivalents of $0.6 million compared with $2.1 million at the fiscal 2024-end.
Net cash used in operating activities of continuing operations at the end of first-quarter fiscal 2025 was $2.2 million compared with $0.4 million a year ago.
<h3>Our Take</h3>
Rocky Mountain exited the first quarter of fiscal 2025 with dismal top-line and bottom-line results. Lower revenues from Royalty and marketing fees were also discouraging. During the reported quarter, the gross margin contracted, which did not bode well. The company incurred a net loss in the quarter, which is also discouraging.
On a positive note, robust revenues from Durango product and retail sales and Franchise fees were impressive.
<a href="https://www.zacks.com/stock/news/2302876/rocky-mountain-rmcf-q1-earnings-and-revenues-decline-y-y?cid=CS-BENZ-FT-analyst_blog|earnings_article-2302876">To read this article on Zacks.com click here.</a>

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Rocky Mountain Q1 Earnings and Revenues Decline Y/Y

Rocky Mountain Chocolate (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCF#NASDAQ">RMCF</a>) reported quarterly losses of $(0.26) per share. This is a 8.33 percent decrease over losses of $(0.24) per share from the same period last year. The company reported $6.41 million in sales this quarter. This is a 0.45 percent decrease over sales of $6.44 million the same period last year.

Rocky Mountain Chocolate Q1 EPS $(0.26) Down From $(0.24) YoY, Sales $6.41M Down From $6.44M YoY

Shares of SeaStar Medical Holding Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICU#NASDAQ">ICU</a>) fell sharply during Wednesday's session after the company entered into a $10 million registered direct offering of 947,868 <a href="https://www.benzinga.com/quote/ICU/news">shares at $10.55 per share</a>.
SeaStar Medical shares dipped 34% to $8.55 on Wednesday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Virpax Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRPX#NASDAQ">VRPX</a>) shares jumped 139% to $2.78 after the company announced results for a Swine Model pilot study for Probudur.</li>
<li>Kazia Therapeutics Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KZIA#NASDAQ">KZIA</a>) gained 129% to $0.4325 after the company announced results from GBM-AGILE, a phase II/III study that included an evaluation of paxalisib versus standard of care for patients with glioblastoma.</li>
<li>Longeveron Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGVN#NASDAQ">LGVN</a>) surged 81.8% to $5.21 after the company announced that the FDA granted Regenerative Medicine Advanced Therapy designation to Lomecel-B for the treatment of mild Alzheimer&#8217;s Disease.</li>
<li>VivoPower International PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VVPR#NASDAQ">VVPR</a>) shares climbed 56.8% to $4.00 after the company announced it secured an extension for a $34 million loan financing facility agreement.</li>
<li>Ampco-Pittsburgh Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AP#NYSE">AP</a>) rose 41.2% to $1.08.</li>
<li>NaaS Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAAS#NASDAQ">NAAS</a>) gained 34.3% to $4.3650 after surging 68% on Tuesday.</li>
<li>Phoenix New Media Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FENG#NYSE">FENG</a>) climbed 33% to $3.58.</li>
<li>Solaris Oilfield Infrastructure, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOI#NYSE">SOI</a>) climbed 29% to $10.67. Solaris Oilfield Infrastructure agreed to acquire Mobile Energy Rentals LLC for $200 million.</li>
<li>Lantheus Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNTH#NASDAQ">LNTH</a>) gained 28.6% to $99.97. Lantheus recently appointed Jamie Spaeth as Chief People Officer.</li>
<li>Antelope Enterprise Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHL#NASDAQ">AEHL</a>) gained 27% to $4.60.</li>
<li>Innovative Eyewear, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUCY#NASDAQ">LUCY</a>) rose 25% to $0.4750.</li>
<li>uniQure N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QURE#NASDAQ">QURE</a>) rose 22.6% to $8.19.</li>
<li>Aehr Test Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) gained 21.4% to $15.05 after the company provided preliminary fourth-quarter and FY24 financial results.</li>
<li>Quhuo Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QH#NASDAQ">QH</a>) gained 21.1% to $0.5208.</li>
<li>Rocky Mountain Chocolate Factory, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCF#NASDAQ">RMCF</a>) climbed 18.1% to $2.08. Rocky Mountain Chocolate Factory is expected to report first-quarter results on Monday, July 15.</li>
<li>SMART Global Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGH#NASDAQ">SGH</a>) gained 17.4% to $27.27 after the company reported better-than-expected third-quarter financial results.</li>
<li>Hawaiian Electric Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HE#NYSE">HE</a>) jumped 15.8% to $9.94.</li>
<li>Nisun International Enterprise Development Group Co., Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NISN#NASDAQ">NISN</a>) gained 15.8% to $7.00.</li>
<li>Gatos Silver, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GATO#NYSE">GATO</a>) gained 15.3% to $12.86 after the company reported second-quarter Production results with record mill throughput and zinc production.</li>
<li>Seelos Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEEL#NASDAQ">SEEL</a>) shares rose 14.4% to $0.7743 after gaining 36% on Tuesday.</li>
<li>Endeavour Silver Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXK#NYSE">EXK</a>) gained 10.2% to $4.3801. HC Wainwright &amp; Co. analyst Heiko Ihle reiterated Endeavour Silver with a Buy and maintained a $6.25 price target.</li>
<li>MarineMax, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HZO#NYSE">HZO</a>) rose 9.3% to $33.18 after Island Capital issued an open letter to shareholders and made an open proposal to acquire up to 100% interest in the YMRS business from MarineMax.</li>
<li>Soligenix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNGX#NASDAQ">SNGX</a>) shares rose 7.4% to $7.97. Soligenix shares jumped 271% on Tuesday after the company announced interim results for extended HyBryte treatment in early-stage CTCL patients.</li>
<li>CarMax, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMX#NYSE">KMX</a>) gained 5.2% to $76.03.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Shineco, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SISI#NASDAQ">SISI</a>) shares fell 40.1% to $2.70. Shineco's subsidiary Fuzhou Meida signed distribution agreements for water-soluble phospholipid concentrate beverage.</li>
<li>Zapp Electric Vehicles Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZAPP#NASDAQ">ZAPP</a>) fell 38.2% to $11.10 after jumping 94% on Tuesday.</li>
<li>Stardust Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDST#NASDAQ">SDST</a>) fell 31.5% to $7.11 after gaining around 9% on Tuesday.</li>
<li>LegalZoom.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LZ#NASDAQ">LZ</a>) shares fell 25.7% to $5.84 after the company announced a CEO transition and lowered its full year guidance.</li>
<li>Alarum Technologies Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAR#NASDAQ">ALAR</a>) declined 25% to $33.45 after the company announced estimated guidance for the first half of 2024.</li>
<li>Top KingWin Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCJH#NASDAQ">TCJH</a>) shares dipped 22.7% to $0.28.</li>
<li>Cetus Capital Acquisition Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CETU#NASDAQ">CETU</a>) fell 21.5% to $6.04.</li>
<li>VSee Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSEE#NASDAQ">VSEE</a>) fell 19.2% to $5.64.</li>
<li>Dolphin Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLPN#NASDAQ">DLPN</a>) fell 18.4% to $0.6530.</li>
<li>Assure Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IONM#NASDAQ">IONM</a>) fell 17.2% to $4.21.</li>
<li>Annovis Bio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANVS#NASDAQ">ANVS</a>) declined 16.6% to $12.14.</li>
<li>RxSight, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXST#NASDAQ">RXST</a>) fell 16.6% to $47.52. Stifel analyst Thomas Stephan maintained RxSight with a Buy and lowered the price target from $75 to $70.</li>
<li>10x Genomics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXG#NASDAQ">TXG</a>) shares declined 14.2% to $15.65. On Tuesday, Goldman Sachs analyst Matthew Sykes maintained 10x Genomics with a Sell and lowered the price target from $26 to $16.</li>
<li>LogicMark, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGMK#NASDAQ">LGMK</a>) shares declined 12.2% to $0.5875 after gaining around 22% on Tuesday.</li>
<li>Ziff Davis, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZD#NASDAQ">ZD</a>) fell 11.6% to $45.83.</li>
<li>Kura Sushi USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRUS#NASDAQ">KRUS</a>) fell 10.6% to $52.29 after the company posted downbeat results for its third quarter on Tuesday.</li>
<li>Hudson Pacific Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPP#NYSE">HPP</a>) declined 10.4% to $4.6150. Morgan Stanley analyst Ronald Kamdem downgraded Hudson Pacific Properties from Equal-Weight to Underweight and lowered the price target from $6 to $4.25.</li>
<li>BitFuFu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUFU#NASDAQ">FUFU</a>) fell 9.7% to $4.6817.</li>
<li>ZoomInfo Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZI#NASDAQ">ZI</a>) fell 6.6% to $11.65.</li>
<li>TransMedics Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMDX#NASDAQ">TMDX</a>) declined 6.1% to $138.81.</li>
<li>IDEAYA Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDYA#NASDAQ">IDYA</a>) fell 5.4% to $36.59. IDEAYA priced $263 million public offering of 228,572 common shares and pre-funded warrants at $35 per share.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/07/39709532/apple-to-rally-around-14-here-are-10-top-analyst-forecasts-for-wednesday">Apple To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Wednesday</a>

Intraday Update

Movers

AEHL

AEHR

ALAR

ANVS

CETU

DLPN

FENG

FUFU

GATO

IDYA

IONM

KRUS

KZIA

LGMK

LGVN

LNTH

LUCY

NAAS

NISN

QURE

RXST

SDST

SEEL

SISI

SNGX

TCJH

TMDX

VRPX

VSEE

VVPR

ZAPP

Why SeaStar Medical Holding Shares Are Trading Lower By Around 34%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Rocky Mountain Chocolate Factory Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCF#NASDAQ">RMCF</a>) (the "Company", "we", or "RMCF"), an international franchisor and producer of premium chocolates and other confectionery products including gourmet caramel apples, today announced that as a result of Jeff Geygan's recent appointment to Interim-CEO, he has yielded his position as Chair of the Board of Directors ("Board"), in accordance with the Company's governance policies. The Board has elected Starlette B. Johnson to serve as Board Chair.

Rocky Mountain Chocolate Factory Announces Jeff Geygan's Recent Appointment To Interim-CEO, He Has Yielded His Position As Chair Of The Board Of Directors; Starlette B. Johnson To Serve As Board Chair

Rocky Mountain Chocolate Factory Appoints Jeffrey R. Geygan As Interim CEO Following Starlette B. Johnson's Resignation

Rocky Mountain Chocolate Factory CFO A. Allen Arroyo To Resign May 17, 2024.

The biggest squeeze in the cocoa market in more than a decade has pushed prices of the commodity to record highs in recent sessions as hedge funds have piled into <a href="https://www.benzinga.com/markets/commodities">cocoa futures since the start of the year</a>.
This has been great news for the speculative investors and funds at the heart of this trade, but bad news for chocolate consumers and manufacturers, such as Hershey Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>).
In speculative positioning across commodity markets in New York and London, traders — including hedge funds — have built up a massive $8.7 billion position, the largest ever in dollar terms, according to data from the Commodity Futures Trading Commission.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/02/16091423/newplot-89.png" alt="" class="wp-image-219140" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/02/16091423/newplot-89.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/02/16091423/newplot-89-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Also Read: <a href="https://www.benzinga.com/news/large-cap/24/02/37141514/cocoa-annual-inflation-tops-100-pushes-valentines-day-chocolate-pralines-to-unprecedented-costs">Valentine&#8217;s Day Chocolate This Year Isn&#8217;t So Sweet As Cocoa Inflation Tops 100%</a>
<h2 class="wp-block-heading">Prices Rise As African Growers Hit</h2>
Cocoa prices were already moving sharply higher in the final quarter of 2023 as poor weather and disease affected harvests in chief growing areas in West Africa, such as Cote d&#8217;Ivoire — the world&#8217;s largest producer — and Ghana.
Between October and the end of December U.S. Cocoa futures had already gained 23%, surpassing the previous record high of $3,826 per tonne, set during the so-called commodity super-cycle of 2011.
Since the beginning of the year, hedge funds, whose equity short bets have underperformed during the recent stock market rally, have wanted a chunk of the cocoa market. 
They have pushed the price further still. Starting the year at $4,196 a tonne, new volume in the market drove the price 43% higher to a record $6,030 last week. The price on Friday stood at $5,503.
<h2 class="wp-block-heading">Hedge Funds Enter For Their Cut</h2>
&#8220;The squeeze appears to have been driven by commercial players, where the gross long position has increased from around 119k lots in February last year to more than 290k lots currently,&#8221; said Warren Patterson, senior commodity strategist at ING.
&#8220;Whether this is an intentional squeeze or not is less clear. If it is, it wouldn&#8217;t be the first time the cocoa market has experienced one,&#8221; he added.
Indeed, the most notorious squeeze on the cocoa market happened in 2002 when London-based hedge fund Armajaro, under the direction of its founder Anthony Ward, cornered 7% of the global cocoa harvest in a move that earned him the nickname &#8220;Chocfinger.&#8221;
Prices don&#8217;t appear to be about to make a significant move lower either. As production levels fell in 2023, the market was already in deficit in the 2021/22 and 2022/23 seasons according to the International Cocoa Organization.
The market is now set for a sizeable third-successive deficit in 2023/24, which would take global stocks to their lowest in a decade.
As for prices: &#8220;They need to go to levels where we start to see significant demand destruction,&#8221; said Patterson.
He added: &#8220;We are already seeing some of that, but clearly not enough to bring the market back into balance and ease tightness concerns.&#8221;
<h2 class="wp-block-heading">Confectioners Feel The Pain</h2>
The biggest impact has been on brands such as Hershey, which last week missed market earnings forecasts as the company <a href="https://www.benzinga.com/news/earnings/24/02/37012481/hersheys-mixed-bag-stable-q4-earnings-amid-slow-sales-growth-and-rising-cocoa-costs">reported rising costs</a>. This prompted a rating and target price downgrade from Morgan Stanley. Hershey&#8217;s shares are flat on the year, but are down 30% since peaking at around $270 last May.
Confectionary rival Mondelez International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDLZ#NASDAQ">MDLZ</a>) is down nearly 8% since January 30 when it reported stronger-than-expected results, but its outlook was marred by rising costs.
Shares in Rocky Mountain Chocolate Factory (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCF#NASDAQ">RMCF</a>) are down around 15% since the start of the year.
Now Read: <a href="https://www.benzinga.com/news/earnings/24/02/37012481/hersheys-mixed-bag-stable-q4-earnings-amid-slow-sales-growth-and-rising-cocoa-costs">Hershey&#8217;s Mixed Bag: Stable Q4 Earnings Amid Slow Sales Growth And Rising Cocoa Costs</a>

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Choccy-Horror Show: Hedge Funds Pile In As Cocoa Soars To Record High

Rocky Mountain Chocolate Appoints Starlette Johnson As Interim CEO

Rocky Mountain Chocolate (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCF#NASDAQ">RMCF</a>) reported quarterly losses of $(0.12) per share. This is a 300 percent decrease over losses of $(0.03) per share from the same period last year. The company reported $7.70 million in sales this quarter. This is a 18.74 percent decrease over sales of $9.48 million the same period last year.

Rocky Mountain Chocolate Q3 EPS $(0.12) Down From $(0.03) YoY, Sales $7.70M Down From $9.48M YoY

<h3>&nbsp;</h3>
<h3>Companies Reporting After The Bell</h3>
&bull; Rocky Mountain Chocolate (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCF#NASDAQ">RMCF</a>) is projected to report earnings for its third quarter.
&bull; Calamos Glb Total (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGO#NASDAQ">CGO</a>) is projected to report quarterly earnings at $2.06 per share on revenue of $781.40 million.
&bull; KB Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBH#NYSE">KBH</a>) is expected to report quarterly earnings at $1.70 per share on revenue of $1.62 billion.
&bull; Richardson Electronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELL#NASDAQ">RELL</a>) is estimated to report quarterly earnings at $0.01 per share on revenue of $52.00 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

RELL

Earnings Scheduled For January 10, 2024

The CNN Money Fear and Greed index showed further improvement in overall market sentiment, while the index remained in the &quot;Greed&quot; zone on Tuesday.
U.S. stocks closed mixed on Tuesday, while the Nasdaq Composite settled slightly higher during the session. Nvidia Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) shares surged to a fresh all-time high on Tuesday.
Juniper Networks, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jnpr#NYSE">JNPR</a>) shares jumped around 22% on Tuesday following a report suggesting Hewlett Packard Enterprise Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hpe#NYSE">HPE</a>) is nearing a deal to buy the company.
On the economic data front, the NFIB Small Business Optimism Index rose to 91.9 in December from 90.6 in November. The US trade gap shrank to $63.2 billion in November from $64.5 billion in the previous month, compared to market estimates of a $65 billion gap.
The consumer price index for December is scheduled for release on Thursday, while the producer price index will be released on Friday.
Most sectors on the S&amp;P 500 closed on a negative note, with energy and materials stocks recording the biggest losses on Tuesday. However, stocks of information technology and consumer staples bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 158 points to 37,525.16 on Tuesday. The S&amp;P 500 fell 0.15% at 4,756.50, while the Nasdaq Composite rose 0.09% at 14,857.71 during Tuesday&rsquo;s session.
Investors are awaiting earnings results from KB Home (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kbh#NYSE">KBH</a>), Richardson Electronics, Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rell#NASDAQ">RELL</a>), and Rocky Mountain Chocolate Factory, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rmcf#NASDAQ">RMCF</a>) today.
At a current reading of 72.6, the index remained in the &quot;Greed&quot; zone on Tuesday, versus a prior reading of 61.4.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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Read Next: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/01/36556417/opko-health-and-3-other-stocks-under-5-insiders-are-buying"> OPKO Health And 3 Other Stocks Under $5 Insiders Are Buying </a>

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Markets Turn More Bullish Ahead Of Inflation Data; Fear & Greed Index Remains In 'Greed' Zone

Jeffrey R. Geygan, Board Member at Rocky Mountain Chocolate (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCF#NASDAQ">RMCF</a>), reported a large insider buy on November 21, according to a new SEC filing. 
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001616262/000120919123056319//Archives/edgar/data/1616262/000120919123056319/0001209191-23-056319-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday showed that Geygan purchased 12,310 shares of Rocky Mountain Chocolate. The total transaction amounted to $50,940. 
Rocky Mountain Chocolate shares are trading down 2.91% at $4.0 at the time of this writing on Wednesday morning.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Important</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Transaction Codes To Focus On</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001616262">Check Out The Full List Of Rocky Mountain Chocolate's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Rocky Mountain Chocolate Board Member Trades Company's Stock

GLOBAL VALUE INVESTMENT CORP, 10% Owner at Rocky Mountain Chocolate (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMCF#NASDAQ">RMCF</a>), reported a large insider buy on November 21, according to a new SEC filing. 
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001616262/000120919123056315//Archives/edgar/data/1616262/000120919123056315/0001209191-23-056315-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday showed that CORP purchased 12,310 shares of Rocky Mountain Chocolate. The total transaction amounted to $50,940. 
Rocky Mountain Chocolate shares are trading down 2.91% at $4.0 at the time of this writing on Wednesday morning.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Insider Transactions Are Important</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Important Transaction Codes</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates the insider may have been forced to sell shares in order to receive compensation that had been promised upon being hired by the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001616262">Check Out The Full List Of Rocky Mountain Chocolate's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

50K Reasons To Be Bullish On Rocky Mountain Chocolate Stock

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Rocky Mountain Chocolate (NASDAQ:<a href="https://investorplace.com/stock-quotes/rmcf-stock-quote/">RMCF</a>) just reported results for the first quarter of 2025.<ul><li>Rocky Mountain Chocolate reported earnings per share of -26 cents.</li><li>The company reported revenue of $6.41 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/07/rmcf-stock-earnings-rocky-mountain-chocolate-for-q1-of-2025/">RMCF Stock Earnings: Rocky Mountain Chocolate Reported Results for Q1 2025</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

RMCF Stock Earnings: Rocky Mountain Chocolate Reported Results for Q1 2025

Rocky Mountain Chocolate Factory names Carrie E. Cass as CFO

An announcement from Rocky Mountain Chocolate Factory (RMCF) is now available. Rocky Mountain Chocolate Factory, Inc. has appointed Carrie E. Cass ...

Rocky Mountain Chocolate Factory Welcomes New CFO Carrie Cass

An announcement from Rocky Mountain Chocolate Factory (RMCF) is now available. Rocky Mountain Chocolate Factory, Inc. has transferred all rights an...

Rocky Mountain Chocolate Sells Promissory Note at a Discount

Rocky Mountain Chocolate Factory files to sell 1.25M shares of common stock for holders

Hershey's faces a bittersweet future as chocolate becomes even more discretionary - analyst

Rocky Mountain Chocolate Factory enters into $6M credit facility

An update from Rocky Mountain Chocolate Factory ( ($RMCF) ) is now available. Rocky Mountain Chocolate Factory Inc. has secured a new $6 million cr...

Rocky Mountain Chocolate Factory Secures $6M for Growth

Rocky Mountain Chocolate Factory GAAP EPS of -$0.11, revenue of $6.38M

Rocky Mountain Chocolate Factory, Inc. (RMCF) Q2 2025 Earnings Call Transcript

Press Releases

Rocky Mountain Chocolate Factory Appoints Charles B. Arnold to Its Board of Directors and Audit Committee

Rocky Mountain Chocolate Factory Schedules Fiscal First Quarter 2025 Conference Call for July 15, 2024 at 5:00 P.M. ET

Rocky Mountain Chocolate Factory Reports Fiscal First Quarter 2025 Financial Results

Rocky Mountain Chocolate Factory Appoints Carrie E. Cass as Chief Financial Officer

Financing

Rocky Mountain Chocolate Factory Announces $2.2 Million Private Placement

Rocky Mountain Chocolate Factory Closes $2.2 Million Private Placement, Led by Strategic Investment from American Heritage Railways

Restaurants

Rocky Mountain Chocolate Factory to Host Investor Day on September 12, 2024

Rocky Mountain Chocolate Factory Schedules Fiscal Second Quarter 2025 Conference Call for October 15, 2024 at 5:00 P.M. ET

Rocky Mountain Chocolate Factory Enters Into New $6 Million Credit Facility

Rocky Mountain Chocolate Factory Reports Fiscal Second Quarter 2025 Financial Results

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