Build-A-Bear Workshop Inc Stock Price, News & Analysis

Build-A-Bear Workshop (NYSE: BBW) announced it will release first quarter fiscal 2021 results on May 26, 2021, prior to market opening. The company will host a conference call to discuss these earnings at 9 a.m. ET the same day. Investors can join via dial-in or live stream on the investor relations website. Additionally, Build-A-Bear will participate in Cowen’s CEO Summit with a fireside chat beginning at 11:25 a.m. ET on May 26. The company reported total revenue of $255.3 million in fiscal 2020, emphasizing its focus on creating emotional connections through its unique retail experiences.

Build-A-Bear has partnered with Nintendo to launch a new Animal Crossing: New Horizons collection, featuring plush toys, clothing, and accessories. Available online from April 6, 2021, with in-store availability in summer, this marks the first offering of Animal Crossing plush by Build-A-Bear. The collection includes popular characters such as Tom Nook and Isabelle, complete with sound features from the game. To celebrate the launch, the Merrell Twins hosted a unique event at a Build-A-Bear Workshop. Build-A-Bear aims to enhance gaming experiences for fans of all ages.

Build-A-Bear Workshop (NYSE: BBW) reported its fiscal Q4 2020 results, highlighting a pre-tax income of $9.2 million, a 20% increase from the previous year, despite total revenues of $93.7 million, down from $104.6 million. The decline was attributed to the ongoing impacts of the COVID-19 pandemic, including an 18% reduction in store operating days. E-commerce surged, with demand rising 104%. The company anticipates a return to higher EBITDA levels in fiscal 2021, projecting $20-$30 million by fiscal 2023, contingent on the reopening of stores.

Build-A-Bear Workshop (NYSE: BBW) plans to report its fourth quarter and fiscal year 2020 results for the period ending January 30, 2021, on March 10, 2021, before market opening. The Company will host a conference call at 9 a.m. ET that day to discuss the results, accessible via dial-in and live Internet broadcast. A replay will be available online for a year and via telephone until March 17, 2021. In fiscal 2019, Build-A-Bear posted total revenue of $338.5 million, highlighting its broad appeal across consumer demographics.

On February 18, 2021, PEEPS® Brand partnered with Build-A-Bear® to launch a limited-edition collection of PEEPS®-themed plush Bunnies in vibrant colors. Available in Build-A-Bear stores and online, customers can create custom Bunnies using the Bear Builder and choose delivery options. The collaboration features accessories like bandanas and pajamas. Build-A-Bear's Chief Digital Officer expressed excitement over the partnership, aiming to attract PEEPS® fans. The collection aims to enhance seasonal sales while celebrating Easter traditions.

Build-A-Bear Radio, a family-focused station on iHeart, is launching two new shows: Now Playing with The Sharpe Family Singers and Build-A-Biz. Premiering on January 30, these programs aim to boost the station's listenership, which has grown to nearly 500,000 monthly listeners. The Sharpe Family Singers will host a weekly countdown show, while Build-A-Biz, led by entrepreneur Isabel Bercaw, will feature interviews with young business leaders, including the founder of Build-A-Bear, Maxine Clark.

Build-A-Bear Workshop (NYSE: BBW) provided financial expectations for Q4 and fiscal 2020, highlighting ongoing progress despite COVID-19 restrictions. Expected Q4 revenues are projected between $88 million and $92 million, down from $104.6 million year-over-year. E-commerce sales are anticipated to surge 90-100%. EBIT is projected at $4 million to $6 million, a decline from $7.6 million. Cash and equivalents are expected to rise by $5 to $10 million to $32 million to $37 million. The company aims for profitable growth as it adapts its strategy.

Build-A-Bear Workshop (NYSE: BBW) announced participation in a fireside chat at the ICR Conference 2021 on January 11, 2021, at 3:30 p.m. ET. CEO Sharon Price John and CFO Voin Todorovic will represent the company. The session will be available via the Company’s Investor Relations website for 90 days post-event. Build-A-Bear is a global brand known for its interactive retail experiences, with over 500 locations. In fiscal 2019, the company reported total revenue of $338.5 million, and continues to expand through e-commerce and licensing agreements.