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Build-A-Bear Workshop(BBW) - 2025 Q2 - Quarterly Results
2024-08-29 11:00
Exhibit 99.1 BUILD-A-BEAR WORKSHOP REPORTS SECOND QUARTER AND FIRST HALF FISCAL 2024 RESULTS AND REAFFIRMS ANNUAL GUIDANCE ST. LOUIS, MO (August 29, 2024) – Build-A-Bear Workshop, Inc. (NYSE: BBW) today announced results for the second quarter of fiscal year 2024 ended August 3, 2024. ● Second quarter revenues were $111.8 million, an increase of 2.4%, pre-tax income was $11.5 million, an increase of 10.2%, and diluted earnings per share was $0.64, an increase of 12.3% ● The Company reiterates its fiscal 202 ...
Build-A-Bear Fast Tracks Halloween Collection Due to Viral Leak of New Products
Prnewswire· 2024-08-06 12:00
Rising Popularity of the Season Combined with Fan Response to Unauthorized Leak Exposing Exclusive Introductions of Key Licensed Offering, Updated Mini Beans and the Return of Pumpkin Kitty Drive Launch AccelerationST. LOUIS, Aug. 6, 2024 /PRNewswire/ -- Build-A-Bear Workshop, Inc. (NYSE: BBW) is shifting the launch of its highly anticipated Halloween collection earlier date. The action was spurred by a recent unauthorized product leak that ignited a flurry of excitement across social media platforms, with ...
Build-A-Bear Celebrates Surpassing 25 Million Workshop Birthdays With New Party Offer During the Biggest Birthday Month of the Year
Prnewswire· 2024-08-01 14:00
Free Party Package for Birthday Guest of Honor with August-Booked EventST. LOUIS, Aug. 1, 2024 /PRNewswire/ -- Build-A-Bear Workshop, Inc. (NYSE: BBW) is celebrating birthdays with a Birthday Blitz throughout August, the month when the most people are born, according to the U.S. National Center for Health Statistics. For party bookings made in August, the birthday Guest of Honor gets to party for FREE! Book a party for five or more guests during the month of August and the birthday Guest of Honor builds the ...
How Much STUFF Can You Fit in a Build-A-Bear Cub Condo?
Prnewswire· 2024-07-15 05:05
Get 20% Off Your STUFFED Cub Condo at Build-A-Bear Workshop's First-Ever 'Stuff You Love Cub Condo Event' July 16ST. LOUIS, July 15, 2024 /PRNewswire/ -- Build-A-Bear Workshop, Inc. (NYSE: BBW), known for its heartwarming and memorable experiences, is thrilled to announce its first-ever "Stuff You Love Cub Condo Event" tomorrow, July 16. The event allows guests to fully "stuff" an iconic Build-A-Bear Cub Condo box with the "stuff they love," including a Make-Your-Own furry friend, clothing and accessories, ...
Build-A-Bear Workshop Joins Chicago's Magnificent Mile in Iconic Wrigley Building
Prnewswire· 2024-07-11 07:05
Beloved Experiential Retail Brand Brings "The Stuff You Love" to Michigan AvenueST. LOUIS, July 11, 2024 /PRNewswire/ -- Build-A-Bear Workshop, Inc. (NYSE: BBW), a multi-generational, multi-dimensional global brand known for its heartwarming, memorable experiences, has opened its newest Workshop in the heart of Chicago's famed Magnificent Mile, housed within the historic Wrigley Building.Build-A-Bear has opened its newest Workshop in the heart of Chicago’s famed Magnificent Mile, housed within the historic ...
Build-A-Bear Workshop: Market's Overreaction To Q1 Results Offers An Attractive Opportunity
Seeking Alpha· 2024-06-19 07:43
wdstockAs the management of Build-A-Bear Workshop (NYSE:BBW) expected, the latest quarterly results the company released on May 30 were not as good as the ones in the same quarter last year. Despite the fact that management predicted that and reiterated in the last earnings call its guidance for yet another record-breaking year, the market’s response was abysmal, in what seems to be an overreaction, sending the stock down 14% that day and shedding an additional 8.5% since. With a pristine balance sheet, ...
Build-A-Bear Workshop(BBW) - 2025 Q1 - Quarterly Report
2024-06-13 13:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended May 4, 2024 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number: 001-32320 BUILD-A-BEAR WORKSHOP, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 43-1883836 (State or Other Jurisdi ...
Build-A-Bear Workshop: The Reasons Why We Downgrade To Hold
Seeking Alpha· 2024-06-13 03:18
Core Viewpoint - Build-A-Bear Workshop, Inc. (BBW) has experienced a decline in financial performance, missing both revenue and earnings estimates in the latest quarterly results, leading to a significant drop in stock price [5][30]. Revenue Performance - BBW reported a 4.4% year-over-year decline in revenues, totaling $114.7 million, with net retail sales down 3.8% and consolidated e-commerce demand falling 11.3% [6][30]. - Commercial and international franchise revenues combined decreased by 13.7% compared to the same period last year, contributing only $6.9 million to total revenues [6][30]. Store Count and Demand - Despite an increase in store count and total square footage, BBW did not see a corresponding rise in revenues, indicating weakening demand for its products [8][10]. - The number of corporately-managed retail locations increased to 317 in North America and 357 in Europe, with a total of 77 franchised stores and 97 third-party retail locations [9]. Financial Metrics - Diluted EPS fell to $0.82 from $0.98, marking a decline of over 16%, primarily due to increased selling, general, and administrative (SG&A) expenses [14][30]. - SG&A expenses rose due to higher wages, inflationary pressures, and unfavorable expense timing, leading to lower operating income [14]. Management Outlook - Management remains optimistic, projecting revenue growth for the full year at a low- to mid-single-digit rate and plans to add at least 50 new locations [13][30]. Shareholder Returns - BBW has focused on returning value to shareholders through share buybacks, spending over $9 million on buybacks compared to $2.9 million on dividends, which is covered by cash flow from operations [18]. Valuation Perspective - BBW's stock is trading at a significant discount compared to the consumer discretionary sector median, but this may not indicate undervaluation when compared to its historical metrics [21][30]. - The company is not expected to outperform the broader market in the coming months due to deteriorating financial performance and an unstable macroeconomic environment [29][30].
Build-A-Bear Celebrates International Day of Play with 'The Stuff You Love': Free Lil Cub Bears, Heartwarming Donations and Fun for Kids
Prnewswire· 2024-06-10 05:05
Free Lil Cub Offer for First 11 Guests on June 11Embrace the spirit of fun and creativity with Lil Cubs – either a Lil' Cub® Brownie Teddy Bear or Lil' Cub® Pudding Teddy Bear – available exclusively at Build-A-Bear. The first 11 guests in participating Build-A-Bear Workshops will receive a free Lil Cub teddy bear. To continue the celebration, every guest can purchase a Lil Cub for $11 in stores and online at Build-A-Bear® - Shop Stuffed Animals, Plush & Teddy Bears (buildabear.com). These Lil Cubs can be c ...
Build-A-Bear Workshop(BBW) - 2024 Q1 - Earnings Call Transcript
2024-05-30 18:27
Build-A-Bear Workshop, Inc. (NYSE:BBW) Q1 2024 Earnings Conference Call May 30, 2024 9:00 AM ET Company Participants Gary Schnierow – Vice President-Investor Relations and Corporate Finance Sharon Price John – Chief Executive Officer Voin Todorovic – Chief Financial Officer Conference Call Participants Eric Beder – SCC Research Greg Gibas – Northland Securities Steve Silver – Argus Research Keegan Cox – D.A. Davidson Operator Greetings and welcome to the Build-A-Bear Workshop’s First Quarter 2024 Earnings C ...