BAB, Inc. Reports Profit for 1st Quarter FY 2014

DEERFIELD, Ill. - April 07, 2014 - (BUSINESS WIRE) - BAB, Inc. (OTCBB: BABB), announced its financial results for the first quarter ended February 28, 2014.

For the quarter ended February 28, 2014, BAB had revenues of $537,000 and net income of $31,000, or $0.004 per share, versus revenues of $535,000 and a net loss of $65,000, or $0.009 per share, for the quarter ended February 28, 2013.

Total operating expenses were $505,000 for the quarter ended February 28, 2014, versus $599,000 for the same period in 2013 due primarily to decreases in payroll and payroll related expenses.

BAB, Inc. franchises and licenses Big Apple Bagels®, My Favorite Muffin®, SweetDuet Frozen Yogurt & Gourmet Muffins® and Brewster’s® Coffee. The Company’s stock is traded on the OTCBB under the symbol BABB and its web site can be visited at

Certain statements in this press release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “forecast,” “estimate,” “project,” “intend,” “expect,” “should,” “would,” “believe” and similar expressions and all statements which are not historical facts are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the company’s actual results, performance (financial or operating), or achievements to differ from the future results, performance (financial or operating), or achievements expressed or implied by such forward-looking statements. The above factors are more fully discussed in the company’s SEC filings.

BAB, INC.          
  02/28/14     02/28/13     % Change  
Royalty fees from franchised stores 396,706     419,919     -5.5 %
Franchise and area development fee revenue 35,000     0     N/M  
Licensing fees and other income 105,165     115,160     -8.7 %
  536,871     535,079     0.3 %
Selling, general and administrative 500,085     594,916     -15.9 %
Depreciation and amortization 4,561     4,344     5.0 %
  504,646     599,260     -15.8 %
Income/(Loss) before interest, other and taxes 32,225     (64,181 )   -150.2 %
Interest expense (1,137 )   (1,482 )   -23.3 %
Interest income 148     307     -51.8 %
Net Income/(Loss) 31,236     (65,356 )   -147.8 %
Earnings/(Loss) per share - basic 0.004     (0.009 )   N/M  
Average number of shares outstanding 7,263,508     7,263,508     N/M  
Earnings/(Loss) per share - diluted 0.004     (0.009 )   N/M  
Average number of shares outstanding 7,266,245     7,265,265     N/M  


Michael K. Murtaugh
BAB, Inc.
O: 847) 948-7520
F: (847) 405-8140


Share this Story:


comments powered by Disqus

Franchise News Room »

News By Industry »

Featured Opportunities

Put down the burger, the pizza or the nachos. Those categories are saturated and it is next to impossible to find real estate.
Midas, a recognized brand throughout the world and highly renowned name in complete car care, is proud to be one of North America's original...
Dental Fix
Dental Fix franchise owners repair dental handpieces (drills) and equipment on-site. We are revolutionizing the dental service industry by delivering...
the inside coup
the inside coup™ is a unique franchise opportunity in a multi billion dollar industry, Direct Mail.
Jimmy John's Sandwiches
One of the fastest growing franchises in the U.S., Jimmy John’s has been making fresh, fast, tasty sandwiches since 1983.

Subscribe to Express

A Franchise Update Media Production
Franchise Update Media | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2017. All Rights Reserved.

In Loving Memory Of Timothy Gardner (1987-2014)