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Ridemakers failing: but the usual BBW BS     30-Oct-09 01:02 pm    
From SeekingAlpha: "As we outlined in our earnings release today Ridemakers have undertaken a major restructuring of its operations. To date they have closed seven of nine mall-based stores and opened one new temporary store in downtown Disney in the Disneyland Resort in Anaheim, California.

These moves are consistent with their strategy to operate primarily in tourist venues and to develop products for sell to third party retail outlets. We recognized a non-cash, net-of-tax charge of $2.3 million resulting from the allocation of losses from Ridemakers. Our investment in the company now stands at approximately $4 million including receivables. Importantly, our lost allocation cannot exceed the extent of our investment."
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tripola23

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Ridemakers failing: but the usual BBW BS
tripola23 Not rated 30-Oct-09 01:02 pm  
 
From Seeking Alpha: "These moves are consistent wi...
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Build-A-Bear Workshop Inc. (BBW)

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