date:Jul 12, 2013
Buoyed by revenues and a rebound in its U-Swirl yogurt business, earnings at Rocky Mountain Chocolate Factory Inc. increased 11% in the first quarter of fiscal 2014. Net income in the period ended May 31 was $1,179,000, equal to 19c per share on the common stock, up from $1,062,000, or 17c per share, in the same period a year ago. Total revenues in the first quarter were $10,177,000, up 5% from $9,658,000.
Same-store sales continued to increase, rising 2.5% in the most recent quarter after a 1.