DURANGO, CO/ACCESSWIRE/May 23, 2022/ Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the “Company” or “RMCF”), today announced that Rob Sarlls, who joined the Company as CEO on May 9, 2022, will attend the Sweets and Snacks Expo in Chicago this week. The event runs from May 24-26.
“Sweets & Snacks is the confectionery industry’s premier event,” Sarlls noted. “This is the one place to observe and share information on all of the latest industry products, business planning and merchandising innovations all under one roof. I look forward to meeting industry leaders. industry, including our suppliers, to connect on the challenges and opportunities in today’s ever-changing business environment.”
Sarlls, who recently served as chairman of SNAC International, the snacks industry’s leading international trade association, intends to further strengthen the company’s presence at this and other similar events sponsored by the National Confectioners Association (NCA). “I understand and appreciate the value that NCA provides to its members and to the confectionery industry. Between its strong industry advocacy, mentorship programs and charitable efforts, NCA is a model association that drives the success of its members and the community at large. RMCF will increasingly look to NCA and its vast resources to improve our business, more specifically the customer experience with our franchisees.”
About the ANC
The National Confectioners Association is the primary trade organization for the American confectionery industry, which generates more than $37 billion in retail sales each year. Making chocolate, candies, gum and mints, the industry employs nearly 58,000 workers at more than 1,600 manufacturing plants in all 50 states. NCA advocates for an environment that allows confectioners to thrive and ensures that chocolate and candy are celebrated for their contributions to culture, society, the economy, and everyday moments of joy.
About Rocky Mountain Chocolate Factory, Inc.
Rocky Mountain Chocolate Factory, Inc., headquartered in Durango, Colorado, is an international franchisor of gourmet chocolate, confectionery and self-service frozen yogurt stores and manufacturer of an extensive line of premium chocolates and other confectionary products. The Company, its subsidiaries and its franchisees and licensees operate more than 325 Rocky Mountain Chocolate Factory and self-service frozen yogurt stores in the United States, South Korea, Qatar, the Republic of Panama and the Republic of the Philippines . The common shares of the Company are listed on the Nasdaq Global Market under the symbol “RMCF”.
CONTACT: Rob Swadosh
This press release contains statements about the Company’s expectations, intentions, plans and beliefs that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to fall within the safe harbor protection provided by those sections. These forward-looking statements involve various risks and uncertainties. The nature of the Company’s activities and the environment in which it operates subject it to changing economic, competitive, regulatory and technological conditions, risks and uncertainties. Statements, other than statements of historical fact, included in this press release are forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “will”, “intends”, “believes”, “expects”, “anticipates”, “should”, “plan”, “estimate”, “potential” or similar expressions. Factors that could cause results to vary include, but are not limited to: the impact of the COVID-19 pandemic and global economic conditions on the Company’s business, including, but not limited to, disruptions to our channel sourcing, including but not limited to: , raw material and freight costs, availability of skilled labor, online sales, factory sales, retail and royalty and marketing expenses, the Company’s liquidity, the Company’s cost reduction and capital preservation measures, the realization of anticipated potential benefits of the strategic alliance with Edible, the ability to provide products to Edible as part of the strategic alliance, Edible’s ability to increase the Company’s online sales through agreements with Edible, the outcome of legal proceedings against Immaculate Confections, the operator of the RMCF products in Canada, changes in the confectionery business environment, seasonality, consumer interest in the Company’s products, general economic conditions, the success of the Company’s frozen yogurt business, the receptivity of the Company’s products the Company internationally, consumer and retail trends, raw material costs and availability, competition, the success of the Company’s co-branding strategy, the success of international expansion efforts and the effect of government regulations. Government regulations to which the Company and its franchisees and licensees are or may be subject and which could cause results to differ from the forward-looking statements include, but are not limited to, local, state and federal laws regarding health, sanitation, safety, building and fire codes, franchising, licensing, employment, manufacturing, packaging and distribution of food products and motor carriers. For a detailed discussion of the risks and uncertainties that could cause the Company’s actual results to differ from the forward-looking statements contained herein, please see the section entitled “Risk Factors” contained in Section 1A. the Company’s Annual Report on Form 10-K for the fiscal year ended February 28, 2021, as amended by Amendment No. 1 on Form 10-K/A filed June 28, 2021. Additional factors that may cause such differences include, but are not limited to: the duration and severity of the current COVID-19 pandemic and its effects on, among other things, factory sales, retail sales, royalties and fees and marketing operations, the effect of any government action or mandatory employer-paid benefits in response to the COVID-19 pandemic, and the Company’s ability to manage costs and reduce expenses in the environment current economy and the availability of additional funding if needed. These forward-looking statements speak only as of the date hereof. As such, they should not be unduly invoked for more current circumstances. Except as required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements that may reflect events or circumstances occurring after the date of this press release or those that may reflect the occurrence of unforeseen events.
THE SOURCE: Rocky Mountain Chocolate Factory, Inc.
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