Rocky Mountain Chocolate Factory (RMCF)
Manufactures premium chocolates for a predominantly franchised and licensed confectionery retail system.
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Manufactures premium chocolates and confections for a franchise and licensee retail system, earning most revenue from factory product sales alongside franchise fees, royalties, marketing fees, and a small company-operated store portfolio.
Manufactures premium chocolates and confections—including clusters, caramels, truffles, creams, and molded products—for franchised stores, licensed co-branded locations, specialty customers, and e-commerce. Retail stores also make caramel apples, fudge, and dipped snacks in view of customers.
Combines factory-made product sales with franchise fees, royalties, marketing fees, and sales at a small company-operated portfolio. The predominantly franchised and licensed system is concentrated in the United States, with only limited international revenue.
Is modernizing its brand, store format, factory economics, systems, and franchise development while using company-operated locations to test initiatives. Results depend on franchisee and licensee store health, manufacturing purchases, royalty-generating sales, financing access, inventory controls, and holiday and summer seasonality.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, May 31, 2026Cash & short-term investments $609.0K · Total debt $8.3M · Total assets $19.3M · Shareholders' equity $4.1M
- Revenue
- $6.1M
- Operating income
- −$867.0K
- Net income
- −$1.2M
No dividends on record.
| Institutions | 8.26% | 779.3K shares | |
|---|---|---|---|
| 25 holders · as of Jun 30, 2026 | |||
| Insiders | 48.65% | 4.59M shares | |
| 12 holders · as of Sep 22, 2026 | |||
| Strategic holders | 45.88% | 4.33M shares | |
| 3 holders · as of May 8, 2026 | |||
| Adds to | 102.79% | ||
9.44M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 102.79%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Jeffrey Richart GeyganInsiderdirector, 10 percent owner | 21.40% | 2.02M | filed Sep 9, 2026 |
Global Value Investment Corp.Strategic10 percent owner | 20.88% | 1.97M | filed Jan 22, 2026 |
ARM-D ROCKY Mountain Chocolate Holdings LLCStrategic10 percent owner | 15.89% | 1.50M | filed Jan 2, 2026 |
Allen C. HarperInsiderofficer: Interim CEO | 9.90% | 934,978 | filed Jul 13, 2026 |
American Heritage Railways, Inc.Strategic10 percent owner | 9.11% | 860,000 | filed May 8, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 4, 2026 | American Heritage Railways, Inc. | 10 percent owner | −50,000 | $2.45 |
| May 1, 2026 | American Heritage Railways, Inc. | 10 percent owner | −35,900 | $2.45 |
| May 4, 2026 | Allen C. Harper | 10 percent owner | −50,000 | $2.45 |
| May 1, 2026 | Allen C. Harper | 10 percent owner | −35,900 | $2.45 |
| Mar 5, 2026 | American Heritage Railways, Inc. | 10 percent owner | −8,918 | $2.60 |
- Hershey
Large-scale U.S. chocolate and candy supplier across retail channels.
- Mondelez International
Global chocolate brands compete for shelf, gift and impulse occasions.
- Tootsie Roll Industries
Chocolate and candy brands contest mass and specialty confection sales.
- Krispy Kreme
Franchised sweet-treat shops compete for sites, operators and occasions.
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Rocky Mountain Chocolate Factory | $0.8497 | −2.29% | $8.0M | — | — | 0.3 | −4.1% |
| Hershey | $168.46 | +0.05% | $34.05B | 22.9 | 18.2 | 2.8 | +6.6% |
| Mondelez International | $61.28 | +0.29% | $76.80B | 22.2 | 19.0 | 1.9 | +4.1% |
| Tootsie Roll Industries | $37.53 | −0.08% | $2.80B | 28.7 | — | 3.8 | −0.6% |
| Krispy Kreme | $3.09 | +0.62% | $518.9M | — | 39.5 | 0.4 | −12.8% |
| Median | 22.9 | 19.0 | 2.4 | +1.8% |