bebe stores, inc. Announces Quarterly Cash Dividend

Rhea-AI Summary

bebe stores, inc. (OTCQB:BEBE) has declared a quarterly cash dividend of $0.15 per share. This dividend will be payable on October 18, 2022, to shareholders on record as of October 4, 2022. The company focuses on fashion apparel and accessories, with a global presence in approximately 100 stores and online sales through licensees. Additionally, bebe operates around 60 Buddy’s Home Furnishings franchise stores in the southeastern U.S., offering rent-to-own furniture, appliances, and electronics to consumers.

Positive

• Declaration of a quarterly cash dividend of $0.15 per share, enhancing shareholder income.
• Global presence with approximately 100 international stores, indicating strong market outreach.
• Diversified business operations through Buddy's Home Furnishings, contributing to revenue streams.

Negative

• None.

Board declares quarterly cash dividend of $0.15 per share

SAN FRANCISCO--(BUSINESS WIRE)-- bebe stores, inc. (OTCQB:BEBE) (the “Company”) today announced that its Board of Directors declared a quarterly cash dividend of fifteen cents ($0.15) per share of the Company’s common stock payable October 18, 2022, to shareholders of record as of October 4, 2022.

About bebe stores, inc.

bebe is a global specialty licensor of fashion apparel and accessories that distributes bebe-branded products worldwide through licensees in approximately 100 international stores and online. bebe also owns and operates, through subsidiaries, approximately 60 rent-to-own Buddy’s Home Furnishings franchise stores located in the southeastern U.S., offering furniture, appliances and electronics to consumers through rent-to-own agreements, along with other investments in brand royalty joint ventures.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220920005332/en/

bebe stores, inc.

Marc So

Investor-relations@bebe.untd.com

(415) 251-3355

Source: bebe stores, inc.

FAQ

What is the amount of the dividend declared by bebe stores, inc. for October 2022?

The declared dividend amount is $0.15 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on October 18, 2022.

What is the record date for the dividend distribution?

The record date for the dividend is October 4, 2022.

How many Buddy’s Home Furnishings franchise stores does bebe operate?

bebe operates approximately 60 Buddy’s Home Furnishings franchise stores.

In which locations are bebe-branded products distributed?

bebe-branded products are distributed worldwide through approximately 100 international stores and online.