Bebe stores, inc. Announces Quarterly Cash Dividend, Payable March 12, 2020
February 10, 2020 at 01:00 pm
Share
bebe stores, inc. announced that its Board of Directors declared a quarterly cash dividend of $0.17 per share of the Company’s common stock payable March 12, 2020, to shareholders of record as of February 27, 2020. The dividend is primarily based on the trailing quarter of licensing income from the Company’s joint venture interests in the bebe brand, BB Brand Holdings LLC, and the Brookstone brand, BKST Brand Management LLC.
bebe stores, inc. is primarily engaged in the business of operating retail rent-to-own franchise stores. The Company's rent-to-own Buddy's franchise stores offer furniture, appliances, and consumer electronics to consumers through rent-to-own agreements. The Company leases space for all of its Buddy's franchise stores under operating leases. It offers various product categories, including Featured, New, Clothing, Dresses, Denim, Shoes, and Accessories. Its Featured category includes Bandage Dresses, Bridal, Fall, and Halloween, among others. Its Clothing category includes Tops, Bottoms, Denim, Jackets, and Activewear, among others. Its Dresses category consists of Bandage Dresses, Bodycon Dresses, Denim Dresses, Little Black Dresses, Logo Dresses, Mini Dresses, Midi Dresses, Maxi Dresses, and others. Its Accessories include Bags, Belts, Hats, Shoes, Sunglasses, Watches. The Company operates approximately 64 stores in 12 states in the southeastern United States.
BEBE STORES, INC. 
