Rocky Mountain Chocolate

Rocky Mountain Chocolate Factory, Inc. is a franchisor, confectionery manufacturer and retail operator in the United States, Canada, Philippines, Japan, South Korea, and the United Arab Emirates. The firm manufactures a line of premium chocolate candies and other confectionery products to supply its franchise locations, delivered fresh by its fleet of refrigerated trucks. Its products include varieties of clusters, caramels, creams, meltaways, truffles and molded chocolates. The company's individual stores prepare a variety of caramel and candy apples, fudge, chocolate items and confections in full view of the customer using traditional cooking utensils such as copper kettles on gas-fired stoves and marble slab cooling tables. It operates through the following segments: Franchising, Manufacturing, Retail Stores, U-Swirl Operations, and Other. The company was founded by Franklin E. Crail in 1981 and is headquartered in Durango, CO.

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Rocky Mountain Chocolate Factory unveils strategic plan for growth

Rocky Mountain Chocolate Factory's Q1 2025 earnings call highlighted a comprehensive strategic plan aimed at addressing past challenges, improving financial performance, and positioning the company for future growth. With a focus on franchisee empowerment, store expansion, and e-commerce enhancement, RMCF is poised to enhance its competitive position and drive profitability in the coming years.

Rocky Mountain Chocolate reports revenue growth but faces profitability challenges

RMCF's Q2 2025 performance reflects revenue growth and operational improvements, yet challenges persist in achieving profitability.
Strategic strengths in branding, talent attraction, and financial strategy position RMCF for future growth and market leadership.
Opportunities in technology adoption, revenue diversification, and financial support present avenues for RMCF to enhance performance and competitiveness.

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Rocky Mountain Chocolate Factory, Inc. is an international franchiser of premium chocolate and confection stores. It produces an extensive line of premium chocolates and other confectionery products, including gourmet caramel apples. The firm operates through the following segments: Franchising, Manufacturing, Retail Stores, and Unallocated. The company was founded in 1981 and is headquartered in Durango, CO.

DURANGO, Colo.--(BUSINESS WIRE)--Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF) (the "Company" or “RMCF”), one of North America's largest retailers, franchisers and manufacturers of premium, handcrafted chocolates and confections, today issued an open letter to AB Value Management LLC (“AB Value”) asking four critical questions on behalf of stockholders. RMCF believes that stockholders deserve answers regarding the superficial and ineffective plan AB Value has proposed, AB Value's mislea

Rocky Mountain Chocolate Factory Asks Critical Questions of AB Value on Behalf of Stockholders

DURANGO, Colo.--(BUSINESS WIRE)--Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF) (the "Company" or “RMCF”), one of North America's largest retailers, franchisers and manufacturers of premium, handcrafted chocolates and confections, today notified stockholders that the Company has received a letter from Immaculate Confection, operator of RMCF's Canadian master franchise network, expressing significant concerns about the misleading information and false statements AB Value Management LLC (“

Rocky Mountain Chocolate Factory Notifies Stockholders of Immaculate Confection's Concerns Regarding AB Value's Misleading Public Comments

DURANGO, Colo.--(BUSINESS WIRE)--Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF) (the "Company" or “RMCF”), one of North America's largest retailers, franchisers and manufacturers of premium, handcrafted chocolates and confections, today issued the following statement to the Company's stockholders to set the record straight regarding the repeated misleading claims and inaccurate statements disseminated by the dissident group led by AB Value Management LLC (“AB Value”). “Do not be misled b

Rocky Mountain Chocolate Factory Corrects the Record Regarding AB Value's Misleading Claims and Inaccurate Statements

DURANGO, Colo.--(BUSINESS WIRE)--Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF) (the "Company" or “RMCF”), one of North America's largest retailers, franchisers and manufacturers of premium, handcrafted chocolates and confections, today announced it has sent a letter to stockholders highlighting the Company's decisive, strategic actions to increase growth and profitability, drive innovation and increase stockholder value. RMCF also detailed the strong skills, diverse experiences and rele

Rocky Mountain Chocolate Factory Highlights Strong Director Nominees and Transformative Strategy to Increase Stockholder Value in Letter to Stockholders

WESTFIELD, N.J.--(BUSINESS WIRE)---- $RMCF--Leading Proxy Advisory Firms ISS and Glass Lewis Both Recommend Shareholders Vote on the Concerned Shareholders of Rocky Mountain's Blue Proxy Card

Leading Proxy Advisory Firms, Institutional Shareholder Services and Glass Lewis, Both Recommend Shareholders Vote on the Concerned Shareholders of Rocky Mountain's Blue Proxy Card

DURANGO, Colo.--(BUSINESS WIRE)--Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company" or “RMCF”), one of North America's largest retailers, franchisers and manufacturers of premium, handcrafted chocolates and confections, today commented on reports published by Institutional Shareholder Services ("ISS") and Glass, Lewis & Co. (“Glass Lewis”) in connection with the election of directors to the RMCF Board of Directors (“the Board”) at the Company's 2021 Annual Meeting of Stockh

Rocky Mountain Chocolate Factory Comments on Proxy Advisory Reports

WESTFIELD, N.J.--(BUSINESS WIRE)---- $RMCF--Concerned Shareholders of Rocky Mountain ($RMCF) Announce "Town Hall"-Style Update.

Concerned Shareholders of Rocky Mountain Announce “Town Hall”-Style Update

DURANGO, CO / ACCESSWIRE / September 23, 2021 / Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company" or "RMCF"), one of North America's largest retailers, franchisers and manufacturers of premium, handcrafted chocolates and confections, today provided the following statement in response to litigation filed by AB Value Management LLC ("AB Value"). "We believe the lawsuit filed today by AB Value is baseless and entirely without merit.

Rocky Mountain Chocolate Factory Responds to AB Value's Misleading Claims and Baseless Litigation

WESTFIELD, N.J.--(BUSINESS WIRE)---- $RMCF--Concerned Shareholders of Rocky Mountain (RMCF) File Lawsuit to Hold Board Accountable for Acts to Disenfranchise Shareholders

Concerned Shareholders of Rocky Mountain File Lawsuit to Hold Rocky Mountain Chocolate Factory Board Accountable for Acts to Disenfranchise Shareholders

WESTFIELD, N.J.--(BUSINESS WIRE)---- $RMCF--CONCERNED SHAREHOLDERS OF $RMCF CANDIDATES RHONDA J. PARISH, MARK RIEGEL & SANDRA ELIZABETH TAYLOR ISSUE LETTER TO SHAREHOLDERS PROXY CONTEST

Concerned Shareholders of Rocky Mountain Candidates Rhonda J. Parish, Mark Riegel and Sandra Elizabeth Taylor Issue Letter to Shareholders About Proxy Contest

WESTFIELD, N.J.--(BUSINESS WIRE)---- $RMCF #shareholder--CONCERNED SHAREHOLDERS OF ROCKY MOUNTAIN COMMENT ON THE BOARD'S LAST-MINUTE ATTEMPT TO CIRCUMVENT THE SHAREHOLDER FRANCHISE

Concerned Shareholders of Rocky Mountain Comment on the Board's Last-Minute Attempt to Circumvent the Shareholder Franchise

RMCF Nominees Bring Diverse Skills, Relevant Expertise and Public Company Experience Specifically Suited to Support Company's Value Creation Strategy Presentation Highlights RMCF's Refreshed Strategy, Transformation Initiatives and Enhanced Corporate Governance Initiatives to Support the Company's Next Chapter of Growth Urges All Stockholders to Vote "FOR" ALL of the Company's Nominees on the WHITE Proxy Card DURANGO, CO / ACCESSWIRE / September 20, 2021 / Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company" or "RMCF"), one of North America's largest retailers, franchisers and manufacturers of premium, handcrafted chocolates and confections, today announced that it has filed an investor presentation with the U.S. Securities and Exchange Commission in connection with its 2021 Annual Meeting of Stockholders ("Annual Meeting"), currently scheduled for October 6, 2021. The presentation highlights the following: RMCF has nominated a slate of strong directors with the relevant experiences, diverse skills and forward-looking expertise to best position the Company for long-term growth, innovation and to maximize stockholder value creation.

Rocky Mountain Chocolate Factory Files Investor Presentation Highlighting Slate of Strong Board Nominees to Support the Company's Refreshed Strategy and Drive Value Creation for Stockholders

Letter Informs Stockholders That AB Value Has Rejected Multiple Generous Settlement Proposals to Instead Continue Unnecessary Public Contest at Stockholders' Expense Board's Skilled and Experienced Nominees Possess the Right Expertise to Support Company's Refreshed Growth Strategy Urges All Stockholders to Vote "FOR" ALL of the Company's Nominees TODAY on the WHITE Proxy Card DURANGO, CO / ACCESSWIRE / September 20, 2021 / Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company" or "RMCF"), one of North America's largest retailers, franchisers and manufacturers of premium, handcrafted chocolates and confections, today announced that its Board of Directors has sent a letter to stockholders addressing the misleading claims presented by AB Value Management LLC ("AB Value"). The Board's letter reiterated its view that its nominees possess the right skills and experience to support the Company's refreshed growth strategy to drive value for all stockholders.

Rocky Mountain Chocolate Factory Addresses AB Value's Misleading Claims in Letter to Stockholders

WESTFIELD, N.J.--(BUSINESS WIRE)---- $RMCF #rockymountain--CONCERNED SHAREHOLDERS OF ROCKY MOUNTAIN FILE DEFINITIVE PROXY STATEMENT FOR ROCKY MOUNTAIN CHOCOLATE FACTORY 2021 ANNUAL MEETING

Concerned Shareholders of Rocky Mountain File Definitive Proxy Statement for Rocky Mountain Chocolate Factory 2021 Annual Meeting

DURANGO, Colo.--(BUSINESS WIRE)--Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company" or “RMCF”), a global confectionary manufacturer, international franchisor and retail operator delighting consumers through a premium offering of gourmet chocolate, confection and self-serve frozen yogurt, today mailed definitive proxy materials in connection with its 2021 Annual Meeting of Stockholders (the “Annual Meeting”). In conjunction with the definitive proxy mailing, the Company mailed t

Rocky Mountain Chocolate Factory Mails Definitive Proxy and Sends Letter to Stockholders

WESTFIELD, N.J.--(BUSINESS WIRE)--CONCERNED SHAREHOLDERS OF ROCKY MOUNTAIN SET THE RECORD STRAIGHT ABOUT GILDED GOVERNANCE CHANGES MADE BY ROCKY MOUNTAIN CHOCOLATE FACTORY

Concerned Shareholders of Rocky Mountain Set the Record Straight About Gilded Governance Changes Made by Rocky Mountain Chocolate Factory

Company Positioned for Long-Term Growth, Innovation, and Shareholder Value Creation Announces Director Slate Including New Independent Directors with Forward-Looking Expertise Summarizes Board's Actions to Deliver Board Refreshment and Accelerate Governance Enhancements DURANGO, CO / ACCESSWIRE / August 30, 2021 / Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company"), a global confectionary manufacturer, international franchisor and retail operator delighting consumers through a premium offering of gourmet chocolate, confection and self-serve frozen yogurt, today announced that it has filed preliminary proxy materials with the U.S. Securities and Exchange Commission in connection with its 2021 Annual Meeting of Shareholders (the "Annual Meeting"). As detailed in its preliminary proxy materials filed today, the Company's slate of director nominees comprises seven highly qualified individuals with a diverse set of relevant experience, qualifications and skills, six of whom are independent directors.

Rocky Mountain Chocolate Factory Files Preliminary Proxy Statement in Connection with 2021 Annual Meeting of Stockholders

WESTFIELD, N.J.--(BUSINESS WIRE)---- $RMCF--AB VALUE AND BRADLEY RADOFF COMBINE EFFORTS TO FORM THE LARGEST SHAREHOLDER GROUP AT ROCKY MOUNTAIN CHOCOLATE FACTORY AND IMPLEMENT CHANGE

AB Value and Bradley Radoff Combine Efforts to Form the Largest Shareholder Group at Rocky Mountain Chocolate Factory and Implement Urgent and Necessary Change at the Company

This press release corrects the press release disseminated August 16, 2021 at 8:30 a.m. ET to reflect that the Special Committee of the Company's Board of Directors approved the potential engagement of a national executive search firm, subject to review and approval by the Company's entire Board of Directors.

CORRECTION: Rocky Mountain Chocolate Factory Announces Progress Toward Planned CEO Transition

RMCF to Identify World-Class Chief Executive and Strengthen Company's Leadership for Next Chapter of Growth DURANGO, CO / ACCESSWIRE / August 16, 2021 / Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company"), a global confectionery manufacturer, international franchisor and retail operator delighting consumers through a premium offering of gourmet chocolate, confection and self-serve frozen yogurt, today announced that the Company has embarked on a process to identify and select a highly accomplished and experienced leader to be RMCF's new Chief Executive Officer (CEO). "We are pleased to take this pivotal next step in strengthening RMCF and best positioning the company for its next chapter of growth," said Rahul Mewawalla, Chairperson of the RMCF Board of Directors.

Rocky Mountain Chocolate Factory Announces Progress Toward Planned CEO Transition

DURANGO, CO / ACCESSWIRE / August 12, 2021 / Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company" or "RMCF"), a global confectionary manufacturer, international franchisor and retail operator delighting consumers through a premium offering of gourmet chocolate, confection and self-serve frozen yogurt, today announced that it has reached a cooperation agreement with Global Value Investment Corp. "RMCF greatly values the input and perspective of all our shareholders and, as part of this ongoing engagement, we are delighted to welcome Jeff Geygan, a representative of one of our largest shareholders, to our Board of Directors," said Rahul Mewawalla, Chairperson of the RMCF Board of Directors. "This agreement reflects our commitment to have a Board with diverse experience, expertise and perspective that is best positioned to maximize shareholder value and support RMCF through its next exciting chapter of growth.

Rocky Mountain Chocolate Factory Announces Agreement with Global Value Investment Corp.

Company Retains Leading Global Search Firm to Identify Exemplary Independent Board Candidates and Strengthen RMCF's Ability to Drive Growth, Accelerate Innovation and Deliver Superior Customer Experiences DURANGO, CO / ACCESSWIRE / August 10, 2021 / Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company"), a global confectionary manufacturer, international franchisor and retail operator delighting consumers through a premium offering of gourmet chocolate, confection and self-serve frozen yogurt, today announced key initiatives to bring on world-class strategic and operational expertise to its Board of Directors, and support the Company's growth strategy, accelerate innovation and deliver superior customer experiences. Following the Company's election of Rahul Mewawalla as independent Chairperson of the RMCF Board effective July 30, 2021, the Company today announced the formation of a Special Committee of the Board of Directors ("Special Committee") to oversee the process of identifying new qualified, independent directors for the company's next chapter of growth, innovation and transformation.

Rocky Mountain Chocolate Factory Advances Plan to Bring on World-Class Strategic and Operational Expertise to its Board of Directors

DURANGO, CO / ACCESSWIRE / August 9, 2021 / Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company"), a global confectionary manufacturer, international franchisor and retail operator delighting consumers through a premium offering of gourmet chocolate, confection and self-serve frozen yogurt, today announced the retirement of Franklin "Frank" Crail from the Company's Board of Directors. As RMCF's Co-Founder, Mr.

Rocky Mountain Chocolate Factory Announces Retirement of Board Member Franklin Crail

Appointment Positions Company to Accelerate Execution of its Long-Term Growth Strategy and Delight More Customers Worldwide, Deliver Brand Innovation and Drive Shareholder Value Creation DURANGO, CO / ACCESSWIRE / August 2, 2021 / Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company"), a global confectionary manufacturer, international franchisor and retail operator delighting consumers through a premium offering of gourmet chocolate, confection and self-serve frozen yogurt, today announced that its Board of Directors has separated the Chairperson of the Board role from the Chief Executive Officer role and has elected independent director Rahul Mewawalla as Chairperson of the Board, effective July 30, 2021. This election accelerates the execution of the Company's long-term growth and innovation strategy to delight customers, enhance the brand and drive shareholder value, while advancing the Company's commitment to corporate governance enhancements.

Rocky Mountain Chocolate Factory Announces Election of Rahul Mewawalla as Chairperson of the Board

WESTFIELD, N.J.--(BUSINESS WIRE)---- $RMCF #rockymountainchocolatefactory--AB Value Partners commented on recent announcements by the Company that, in AB Value's view, raise serious add'l concerns about the Company's BoD.

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