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DURANGO, Colo. - Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF), currently valued at $10.95 million in market capitalization, has regained compliance with Nasdaq listing requirements after filing its delayed annual report, the chocolate retailer announced Wednesday. According to InvestingPro data, the company’s overall financial health score remains weak at 1.02, with several challenges ahead.
The company filed its Form 10-K for the fiscal year ended February 28, 2025, on June 20, resolving the compliance issue that arose when it missed the original filing deadline. Nasdaq formally confirmed the company’s return to compliance on June 23.
Rocky Mountain Chocolate Factory had received a notice from Nasdaq on June 17 indicating non-compliance with Listing Rule 5250(c)(1), which requires timely filing of all required reports with the Securities and Exchange Commission. The delay in filing was previously disclosed in the company’s Form 12b-25 notification submitted on May 27.
The chocolate franchiser operates nearly 260 stores across the United States along with several international locations. The company, headquartered in Colorado, specializes in premium chocolates and confectionery products, including caramel apples.
Rocky Mountain Chocolate Factory’s shares continue to trade on the Nasdaq Global Market under the symbol RMCF.
This information is based on a press release statement from the company.
In other recent news, Rocky Mountain Chocolate Factory reported a notable increase in revenue for the fourth quarter of fiscal year 2025, with total revenue 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. The company is actively working on strategic initiatives, including a new e-commerce site and store refresh, aiming to return to profitability by fiscal year 2026. Analysts have shown interest in the company’s rebranding and pricing strategies, which are designed to align costs with pricing more effectively. The company has also been focusing on expanding its market presence in cities such as Boston, New York, Atlanta, and Miami. With a cash balance of $700,000 and a $6 million term loan, managing financial resources remains a priority. The company’s leadership expressed optimism about future profitability, emphasizing the importance of operational efficiency and strategic market expansion.
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