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DURANGO, Colo. - Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF), a confectionery company with a market capitalization of $14.22 million, announced Monday the appointment of Luis Burgos as Vice President of Operations. According to InvestingPro data, the company faces operational challenges with an 8.56% gross profit margin.
Burgos brings 29 years of experience in manufacturing and distribution operations. He previously held senior leadership positions at U.S. Cotton, Kimberly-Clark, Natec Medical, and Rain Bird, where he managed manufacturing environments and implemented Lean and 6 Sigma methodologies. His appointment comes at a crucial time, as InvestingPro analysis indicates the company is quickly burning through cash, though it maintains a healthy current ratio of 1.34.
At U.S. Cotton, Burgos oversaw global operations and led expansion efforts to increase production capacity. During his tenure as Chief Operating Officer at Natec Medical, he expanded manufacturing capabilities and improved product quality and equipment performance.
"Luis brings a rare blend of executional rigor, operational foresight, and frontline leadership," said Jeff Geygan, Interim CEO, in the company’s press release.
Burgos holds an MBA with a specialization in International Business from the Latin American University (UIA) and a Bachelor of Science in Industrial and Systems Engineering from ITESM. He is bilingual in English and Spanish.
Rocky Mountain Chocolate Factory, founded in 1981, operates as a franchiser of premium chocolate and confectionery retail stores. The company and its franchisees run nearly 260 stores across the United States and several international locations. While the stock has shown strong recent momentum with a 10.56% return over the past week, InvestingPro analysis reveals 12 additional key insights about the company’s financial health and market position, available exclusively to subscribers.
The company is ranked among Entrepreneur’s Franchise 500 for 2025 and Franchise Times’ Franchise 400 for 2024, despite generating annual revenue of $29.58 million with challenging profitability metrics.
In other recent news, Rocky Mountain Chocolate Factory reported an increase in revenue for the fourth quarter of fiscal year 2025, reaching $8.9 million, up from $7.3 million the previous year. Despite this growth, the company faced a net loss of $2.9 million for the quarter. For the full fiscal year, revenue rose to $29.6 million from $28.0 million, while the annual net loss increased to $6.1 million from $4.9 million. The company has also regained compliance with Nasdaq listing requirements after addressing a delayed annual report filing. Nasdaq confirmed the company’s return to compliance on June 23. Additionally, Rocky Mountain Chocolate Factory is undertaking strategic initiatives, including a new e-commerce site and store refreshes, aiming to return to profitability by fiscal year 2026. The company plans to expand its market presence in cities like Boston, New York, Atlanta, and Miami. These developments reflect the company’s ongoing efforts to strengthen its operational and financial position.
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