Is Build-A-Bear's Commercial Arm Driving Its Next Revenue Surge?

Key Takeaways Build-A-Bear's Commercial revenues jumped 18.3% in Q2, with total partner and franchise revenues up 15.2%.The partner-operated model boosts margins through low capital needs and high-margin wholesale revenues.Commercial expansion and new collectibles signal Build-A-Bear's shift toward a hybrid consumer-product model.Build-A-Bear Workshop, Inc.’s (BBW) Commercial arm is emerging as a powerful engine for diversifying revenues and profitability beyond its traditional retail locations. In the seco ...