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BAB, Inc. reported a rise in earnings despite lower revenues, pushing its stock up to $0.82.
BAB, Inc., which franchises bagel and muffin shops, reported Q1 earnings of $0.02 per share, up from $0.01 last year, with a 14.84% net margin and 16.39% return on equity.
The company's stock rose to $0.82 on the earnings announcement and declared a $0.01 quarterly dividend.
Despite increased earnings, revenues dropped to $757,000 from $836,000 last year due to reduced royalty and licensing fees.
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BAB, Inc. reportó un aumento en las ganancias a pesar de los ingresos más bajos, empujando su stock hasta $0,82.