Build-A-Bear Workshop (BBW) Announces Quarterly Earnings Results

Build-A-Bear Workshop (NYSE:BBW) released its quarterly earnings data on Thursday. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.09, Bloomberg Earnings reports. The firm had revenue of $107.58 million during the quarter, compared to analysts’ expectations of $104.00 million. Build-A-Bear Workshop had a return on equity of 6.33% and a net margin of 0.83%. Build-A-Bear Workshop’s revenue was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.31 earnings per share. Build-A-Bear Workshop updated its FY18 guidance to $0.53-0.57 EPS.

Shares of Build-A-Bear Workshop (BBW) traded up $1.35 during mid-day trading on Thursday, hitting $9.15. The stock had a trading volume of 232,282 shares, compared to its average volume of 147,551. Build-A-Bear Workshop has a twelve month low of $7.25 and a twelve month high of $11.90. The stock has a market capitalization of $125.75, a PE ratio of 43.34, a P/E/G ratio of 0.77 and a beta of -0.30.

Several research analysts have issued reports on the company. Zacks Investment Research upgraded Build-A-Bear Workshop from a “sell” rating to a “hold” rating in a research report on Monday. Dougherty & Co cut Build-A-Bear Workshop from a “buy” rating to a “neutral” rating in a research report on Friday, October 27th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Build-A-Bear Workshop currently has an average rating of “Hold” and a consensus price target of $11.67.

In other news, major shareholder Point72 Asset Management, L.P. purchased 10,000 shares of the company’s stock in a transaction dated Friday, November 17th. The stock was acquired at an average price of $8.33 per share, for a total transaction of $83,300.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders bought 428,849 shares of company stock valued at $3,884,142. Company insiders own 17.50% of the company’s stock.

Several hedge funds have recently made changes to their positions in BBW. Tower Research Capital LLC TRC increased its position in Build-A-Bear Workshop by 473.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 12,749 shares of the specialty retailer’s stock worth $118,000 after purchasing an additional 10,526 shares in the last quarter. Tudor Investment Corp ET AL purchased a new stake in Build-A-Bear Workshop during the 2nd quarter worth about $129,000. PEAK6 Investments L.P. purchased a new stake in Build-A-Bear Workshop during the 3rd quarter worth about $134,000. Parametric Portfolio Associates LLC increased its position in Build-A-Bear Workshop by 15.4% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 14,805 shares of the specialty retailer’s stock worth $155,000 after purchasing an additional 1,978 shares in the last quarter. Finally, Millennium Management LLC purchased a new stake in Build-A-Bear Workshop during the 4th quarter worth about $156,000. Institutional investors and hedge funds own 69.97% of the company’s stock.

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Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc is primarily a specialty retailer offering a make your own stuffed animal interactive retail-entertainment experience. The Company’s segments include direct-to-consumer (DTC), international franchising and commercial. The DTC segment includes the activities of Company-owned stores in the United States, Canada, the United Kingdom, Ireland and Denmark, and other retail delivery operations, including its e-commerce sites and temporary stores.

Earnings History for Build-A-Bear Workshop (NYSE:BBW)

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