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Rocky Mountain Chocolate Factory, Inc. Reports FY2015 Adjusted Diluted E.P.S. of $0.75 on Record Revenue of $41.5 Million
Rocky Mountain Chocolate Factory, Inc. Reports FY2015 Adjusted Diluted E.P.S. of $0.75 on Record Revenue of $41.5 Million.
About this update from U-swirl Inc
[{"type":"text","content":"\n \n \n Rocky Mountain Chocolate Factory, Inc. Reports FY2015 Adjusted Diluted E.P.S. of $0.75 on Record Revenue of $41.5 Million\n \n \nRocky Mountain Chocolate Factory, Inc. Reports FY2015 Adjusted Diluted E.P.S. of $0.75 on Record Revenue of $41.5 Million\n\nBoard of Directors Re-Authorizes $3 Million Stock Repurchase Plan\n\n \n DURANGO, CO--(Marketwired - May 21, 2015) - Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF) (the \"Company\") today reported its operating results for the fourth quarter and fiscal year ended February 28, 2015 (FY2015). The Company franchises and operates gourmet chocolate and confection stores and manufactures an extensive line of premium chocolates and other confectionery products. U-Swirl, Inc. (OTCQB: SWRL) (\"U-Swirl\"), a subsidiary of the Company in which the Company owns a 39% controlling interest, franchises and operates self-serve frozen yogurt cafés. The Company will host an investor conference call today at 4:15 p.m. Eastern Time to discuss its operating results and other topics of interest (see details below).\n FY2015 HIGHLIGHTS AND SUBSEQUENT EVENTS\n \n \n The Company's total revenue increased 5.9 percent to a record $41.5 million in FY2015, compared with revenue of $39.2 million in the fiscal year ended February 28, 2014 (FY2014). System-wide, same-store sales at the Company's domestic Rocky Mountain Chocolate Factory store locations increased 3.1 percent in FY2015, when compared with prior-year levels. Same-store pounds of product purchased from the Company's factory by franchisees and co-branded licensees was unchanged relative to the previous fiscal year.\n \n \nOn a non-GAAP basis, the Company's FY2015 adjusted net income, a non-GAAP measure defined later in this release, increased slightly to $4,832,000, or $0.75 per diluted share, compared with $4,797,000, or $0.75 per diluted share, in FY2014.\n \n \nNet income attributable to RMCF shareholders declined 10.4 percent to $3,938,000, or $0.64 per basic and $0.61 per diluted share, in FY2015, versus net income attributable to RMCF shareholders of $4,393,000, or $0.72 per basic and $0.68 per diluted share, in FY2014. In the fourth quarter of FY2015, the Company recorded net income attributable to RMCF shareholders of $1,387,00...