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Bakers Footwear Group Inc
Bakers Footwear Group, Inc. is a specialty retailer of footwear and accessories in the United States. The company operates through its wholly owned subsidiary, Bakers Shoes, Inc. Bakers Footwear Group's stock is traded on the over-the-counter market (OTC) under the symbol BKSR.
Here is some general information about the company's historical financial performance and growth:
* For the fiscal year ended December 31, 2020, Bakers Footwear Group reported total net sales of $65.8 million, compared to $99.3 million in the prior year. The decrease in net sales was primarily due to the impact of the COVID-19 pandemic, which resulted in temporary store closures and reduced customer traffic.
* The company's net loss for the fiscal year ended December 31, 2020 was $10.6 million, or $0.43 per share, compared to a net loss of $1.9 million, or $0.08 per share, in the prior year.
* As of December 31, 2020, Bakers Footwear Group operated 58 retail stores in 23 states.
It is important to note that Bakers Footwear Group has faced significant financial challenges in recent years, and the company's financial performance and prospects for future growth are subject to a number of risks and uncertainties. Investors should carefully consider these risks and uncertainties before making an investment in the company's stock.