v3.26.1
Acquisition of Company-Owned Store
3 Months Ended
May 31, 2026
Business Combination [Abstract]  
Acquisition of Company-Owned Store

NOTE 15 - ACQUISITION OF COMPANY-OWNED STORE

 

On April 30, 2026, the Company entered into an Asset Purchase Agreement with Nashville Chocolate, Inc. to purchase substantially all assets related to the operation of a Rocky Mountain Chocolate Factory franchise location at the Opry Mills Mall in Nashville, Tennessee. The assets acquired include inventory, equipment, trade fixtures, leasehold improvements, intellectual property, domain names, customer lists, and other tangible and intangible assets specified in the agreement. The Company did not assume any pre-existing liabilities of the seller. As a result of the acquisition, this is the Company's fourth retail store.