Build-A-Bear Workshop, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 29, 2023
August 24, 2023 at 06:45 am EDT
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Build-A-Bear Workshop, Inc. reported earnings results for the second quarter and six months ended July 29, 2023. For the second quarter, the company reported revenue was USD 109.23 million compared to USD 100.69 million a year ago. Net income was USD 8.34 million compared to USD 5.83 million a year ago. Basic earnings per share from continuing operations was USD 0.58 compared to USD 0.38 a year ago. Diluted earnings per share from continuing operations was USD 0.57 compared to USD 0.38 a year ago.
For the six months, revenue was USD 229.28 million compared to USD 218.35 million a year ago. Net income was USD 22.95 million compared to USD 20.02 million a year ago. Basic earnings per share from continuing operations was USD 1.59 compared to USD 1.3 a year ago. Diluted earnings per share from continuing operations was USD 1.57 compared to USD 1.27 a year ago.
Build-A-Bear Workshop, Inc. is an experiential specialty retailer where children and their families can create their own stuffed animals by participating in the stuffing, fluffing, dressing, accessorizing, and naming of their own teddy bears and other plush toys. Its segments include direct-to-consumer (DTC), commercial, and international franchising. Its DTC segment includes the operating activities of corporately-managed stores, other retail-delivered operations and online sales. Its commercial segment includes transactions with other businesses and is comprised of wholesale sales of merchandise, supplies and fixtures, licensing the Companyâs intellectual properties for third-party use, and entertainment activities. Its international franchising segment includes the activities of franchisees who operate store locations in certain countries and includes development fees, sales-based royalties, merchandise, supplies and fixture sales. It has over 359 corporate-managed stores globally.
BUILD-A-BEAR WORKSHOP, INC. 
