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, Inc. (OTCQB: BABB) has released its financial results for Q1 FY2025 ended February 28, 2025. The company reported revenues of $757,000, down 9.4% from $836,000 in Q1 2024, while net income increased 18% to $116,000 ($0.02 per share) from $99,000 ($0.01 per share) year-over-year.
Key financial highlights include: royalty fees slightly decreased by 0.5% due to one less day in 2025 (non-leap year), licensing fees declined 30.2% following a one-time terminated contract fee of $36,500 in 2024, and marketing fees decreased by $42,000. Total operating expenses reduced significantly by 14.6% to $610,000, driven by lower marketing fund expenses, reduced provision for credit losses, and decreased employee benefit costs.
BAB, Inc. (OTCQB: BABB) has announced a quarterly cash distribution of $0.01 per share, scheduled for payment on April 14, 2025, to shareholders of record as of March 24, 2025.
The company notes that for tax purposes, a portion of this distribution and potential future 2025 distributions may be classified as a return of capital to shareholders, while the remaining portion could be treated as a dividend. The exact dividend portion of the April 14 distribution will be determined in January 2026, based on the company's earnings for the fiscal year ending November 30, 2025.
BAB, Inc. operates as a franchisor and licensor of several brands including Big Apple Bagels®, My Favorite Muffin®, SweetDuet®, and Brewster's® coffee.
BAB, Inc. (OTCQB: BABB) reported financial results for fiscal year 2024, showing improved performance across key metrics. Net income increased to $525,000 ($0.07 per share) from $467,000 ($0.06 per share) in 2023. Total revenues grew to $3,545,000, up from $3,510,000 in the previous year.
Income from operations rose to $665,000, an 8.1% increase from 2023's $615,000. Total operating expenses decreased to $2,880,000 from $2,895,000, primarily due to reduced Marketing Fund expenses ($67,000), occupancy costs ($13,000), and advertising expenses ($10,000). These savings were partially offset by increases in payroll expenses ($48,000) and professional service fees ($19,000).
The company, which franchises Big Apple Bagels®, My Favorite Muffin®, SweetDuet® and Brewster's® Coffee, saw significant growth in franchise and area development fee revenue (106.2%) and licensing fees (8.1%).
BAB, Inc. (OTCQB: BABB) has announced a total cash distribution of $0.03 per share, comprising a quarterly distribution of $0.01 and a special distribution of $0.02. The distribution will be paid on January 9, 2025 to shareholders of record as of December 23, 2024.
The company notes that for tax purposes, a portion of this distribution and potential future 2025 distributions may be treated as a return of capital, while the remaining portion may be classified as a dividend. The final determination of the dividend portion for the January 2025 distribution will be communicated to shareholders via tax information returns in early 2026.
BAB, Inc. (OTCQB: BABB) reported its financial results for the third quarter ended August 31, 2024. The company saw revenues of $872,000 and net income of $160,000, or $0.02 per share earnings, compared to revenues of $937,000 and net income of $168,000 for the same quarter last year. For the nine months ended August 31, 2024, revenues were $2,591,000 with a net income of $405,000, or $0.06 per share, versus revenues of $2,547,000 and net income of $330,000 for the same period in 2023.
While royalty revenue increased, franchise fee revenue, license fee and other income, and marketing fund revenue decreased in Q3 2024 compared to Q3 2023. Total operating expenses for Q3 2024 were $667,000, down from $718,000 in 2023, primarily due to decreases in marketing fund expenses, occupancy, advertising, and travel costs, offset by slight increases in payroll, professional services, and employee benefits.
BAB, Inc. (OTCQB: BABB) has announced a quarterly cash distribution of $0.01 per share, payable on October 11, 2024, to shareholders of record as of September 23, 2024. The company notes that for tax purposes, a portion of this distribution and future 2024 distributions may be treated as a return of capital, while the remainder may be considered a dividend. The exact dividend portion will be determined in January 2025, based on the company's fiscal year 2024 earnings ending November 30, 2024. Shareholders will receive tax information returns in early 2025.
BAB, Inc. operates in the food franchise industry, managing brands such as Big Apple Bagels, My Favorite Muffin, SweetDuet, and Brewster's coffee.
BAB announced its Q2 FY 2024 financial results, reporting revenue of $883,000 and net income of $146,000 ($0.02 per share), compared to $864,000 in revenue and $127,000 in net income ($0.02 per share) in Q2 FY 2023. The six-month period ending May 31, 2024, saw revenues of $1,719,000 and net income of $244,000 ($0.03 per share), versus $1,610,000 in revenue and $162,000 in net income ($0.02 per share) for the same period in 2023. Royalty, marketing fund, and franchise fee revenues increased by $41,000, but license fee and other revenues decreased by $22,000. Total operating expenses for Q2 FY 2024 were $696,000, a slight increase from $693,000 in the same quarter last year. The six-month period saw operating expenses rise to $1,410,000 from $1,390,000, primarily due to a $41,000 increase in marketing expenses, offset by a $21,000 decrease in general and administrative expenses.
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.
