Welcome to our dedicated page for Bab news (Ticker: BABB), a resource for investors and traders seeking the latest updates and insights on Bab stock.
Bab Inc (BABB) maintains this dedicated news hub for investors and stakeholders tracking developments in the fast casual dining franchisor. Our curated collection provides immediate access to all material announcements, including official press releases, regulatory filings, and strategic updates.
This resource centralizes critical information about operational milestones, leadership changes, and financial performance. Users will find comprehensive coverage of earnings reports, franchise expansion details, and product innovation announcements – all essential for understanding the company's market position.
Content is organized to highlight key business aspects: quarterly financial disclosures, partnership developments, operational improvements, and brand initiatives. Each update is presented with context about its significance within the competitive restaurant franchising landscape.
Bookmark this page for streamlined access to Bab Inc's evolving story. Combine regular checks with our news alerts to stay informed about this low-cost producer's progress in the dynamic fast casual dining sector.
BAB announced a quarterly cash distribution of $0.01 per share, payable on July 12, 2024, to shareholders recorded by June 24, 2024. The distribution might partly be a return of capital, taxable based on shareholder’s basis, with the remainder as a dividend. The exact dividend portion will be determined by January 2025, based on the company’s earnings for its fiscal year ending November 30, 2024. BAB franchises Big Apple Bagels, My Favorite Muffin, SweetDuet, and Brewster’s coffee. The company trades on the OTCQB under the ticker BABB.
BAB, Inc. (OTCQB: BABB) reported its first-quarter financial results for the period ending February 28, 2023. The company achieved revenues of $746,000, marking a 1.0% increase from $738,000 in the same quarter of the previous year. However, net income decreased by 43.8% to $35,000, or $0.00 per share, down from $63,000 or $0.01 per share last year. Total operating expenses rose to $696,000 compared to $650,000 in the prior year, largely due to a holiday bonus increasing payroll expenses by $36,000. Additionally, the company set aside $14,000 for income tax, a decrease from $26,000 the previous year.
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