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DURANGO, Colo. (AP) Rocky Mountain Chocolate Factory Inc. (RMCF) on Tuesday reported fiscal fourth-quarter net income of $2.2 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Durango, Colorado-based company said it had net income of 35 cents. The confectionery producer and retailer posted revenue of […]
DURANGO, CO / ACCESSWIRE / June 1, 2021 / Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the "Company," "we" or "our") today reported its operating results for the fourth quarter and fiscal year
Rocky Mountain Chocolate (RMCF) is Merion Road Capital’s Largest Detractor
Merion Road Capital Management, an investment management firm, published its fourth-quarter 2020 Investor Letter for its ‘MRCM Long Short Small Cap’ and ‘MRCM Long Only Large Cap’– a copy of which can be downloaded here. A return of 11.5% was recorded by its Long Short Small Cap fund for the Q4 of 2020, outperforming its Barclay Hedge Fund index that made a 9% return, but below its Russell 2000 benchmark that delivered 31.3%. Its Long Only Large Cap fund delivered a 21.2% return, above its S&P 500 benchmark that accumulated 12.1%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.