DURANGO, CO--(Marketwired - Feb 9, 2017) - Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF), (the "Company") which
franchises gourmet chocolate and confection stores and manufactures premium chocolates and other confectionery products, today
announced that its Board of Directors has declared a fourth quarter cash dividend of $0.12 per common share outstanding. The cash
dividend will be payable March 10, 2017 to shareholders of record at the close of business February 24, 2017.
About Rocky Mountain Chocolate Factory, Inc.
Rocky Mountain Chocolate Factory, Inc., headquartered in Durango, Colorado, is an international franchiser of gourmet
chocolate, confection and self-serve frozen yogurt stores and a manufacturer of an extensive line of premium chocolates and other
confectionery products. As of February 9, 2017 the Company, its subsidiaries and its franchisees operated 538 Rocky Mountain
Chocolate Factory and self-serve frozen yogurt stores in 39 states, Canada, Japan, South Korea, The Republic of the Philippines,
The United Arab Emirates and The Kingdom of Saudi Arabia. The Company's common stock is listed on the NASDAQ Global Market under
the symbol "RMCF."
Certain statements in this press release are "forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties,
and the Company undertakes no obligation to update any forward-looking information. Risks and uncertainties that could cause cash
flows to decrease or actual results to differ materially include, without limitation, 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, receptiveness of our products internationally, consumer and retail trends, costs and availability of raw
materials, competition, the success of the Company's co-branding agreement with Cold Stone Creamery Brands, the success of
international expansion efforts, the effect of government regulations and other risks. Readers are referred to the Company's
periodic reports filed with the SEC, specifically the most recent reports which identify important risk factors that could cause
actual results to differ from those contained in the forward-looking statements. The information contained in this press release
is a statement of the Company's present intentions, beliefs or expectations and is based upon, among other things, the existing
business environment, industry conditions, market conditions and prices, the economy in general and the Company's assumptions.
The Company may change its intentions, beliefs or expectations at any time and without notice, based upon any changes in such
factors, in its assumptions or otherwise. The forward-looking statements contained or referred to in this press release should be
considered in connection with any subsequent written or oral forward-looking statements that the Company or persons acting on its
behalf may issue.