Build-A-Bear Workshop, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended January 29, 2022
March 10, 2022 at 06:45 am EST
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Build-A-Bear Workshop, Inc. reported earnings results for the fourth quarter and full year ended January 29, 2022. For the fourth quarter, the company reported revenue was USD 129.96 million compared to USD 93.66 million a year ago. Net income was USD 24.13 million compared to USD 10.47 million a year ago. Basic earnings per share from continuing operations was USD 1.53 compared to USD 0.7 a year ago. Diluted earnings per share from continuing operations was USD 1.48 compared to USD 0.67 a year ago.
For the full year, revenue was USD 411.52 million compared to USD 255.31 million a year ago. Net income was USD 47.27 million compared to net loss of USD 22.98 million a year ago. Basic earnings per share from continuing operations was USD 3.06 compared to basic loss per share from continuing operations of USD 1.54 a year ago. Diluted earnings per share from continuing operations was USD 2.93 compared to diluted loss per share from continuing operations of USD 1.54 a year ago.
Build-A-Bear Workshop, Inc. is a multi-channel retailer of plush animals and related products. The Company operates through three segments: direct-to-consumer (DTC), commercial, and international franchising. The DTC segment includes the operating activities of corporately managed locations and other retail delivery operations in the United States, Canada, Ireland and the United Kingdom, including the Companyâs e-commerce sites and temporary stores. The commercial segment includes the Companyâs transactions with other businesses, mainly comprised of licensing the Companyâs intellectual properties for third party use and wholesale activities. The international franchising segment includes the licensing activities of its franchise agreements with store locations in select countries in Asia, Australia, the Middle East, Africa, and South America. The Company operates approximately 350 corporately managed locations and has 68 franchised stores operating internationally.
BUILD-A-BEAR WORKSHOP, INC. 
