Durango, Colo.-based Rocky Mountain Chocolate Factory (RMCF) has announced higher earnings for the Q1 2003, ended 31 May 2002. Non-retail revenues fell 0.1% to US$3.65m, compared with US$3.66m in the Q1 2002. Retail revenues meanwhile plummeted 44% to US$322,000, on the execution of the company's strategy to exit its company-owned store programme.