QSRweb.com:
Rocky Mountain Chocolate Factory Inc., which franchises and operates chocolate and self-serve frozen yogurt stores and manufactures an extensive line of premium chocolates and other confectionery products, reported its operating results for the first quarter of fiscal 2013.
For the three months ended May 31, 2012, 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.
Total factory sales increased 11.2 percent to approximately $6.5 million, versus approximately $5.8 million in the quarter ended May 31, 2011.