Rocky Mountain Chocolate Factory Reports 15.5 Percent Increase in First Quarter Earnings

Rocky Mountain Chocolate Factory

reported Tuesday its operating results for the first quarter of Fiscal 2013. For the three months ended May 31, 2012 (first quarter of FY2013), total revenue increased 11.8 percent to approximately $9.7 million, compared with revenue of approximately $8.6 million in the first quarter of the previous fiscal year, due primarily to higher shipments of product to specialty market and franchise customers and an increase in retail sales. Same-store sales at franchised retail outlets increased 1.1 percent versus the prior-year quarter.