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Build-A-Bear Workshop Inc SEC Filings

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Welcome to our dedicated page for Build-A-Bear Workshop SEC filings (Ticker: BBW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

This page provides access to SEC filings for Build-A-Bear Workshop, Inc. (NYSE: BBW), a specialty retailer of customized stuffed animals and related products operating through direct-to-consumer, international franchising, and commercial segments. These regulatory documents offer detailed insight into the company’s financial performance, capital structure, and material corporate events.

Investors can review annual reports on Form 10-K and quarterly reports on Form 10-Q for information on segment revenues, gross margins, selling, general and administrative expenses, and net income. These filings also describe the company’s global footprint, including corporately managed locations, partner-operated sites, and franchise stores, as well as its e-commerce activities and licensing arrangements.

Current reports on Form 8-K are particularly relevant for Build-A-Bear, as they disclose material events such as quarterly earnings releases, dividend declarations, leadership changes, investor presentations, and financing arrangements. For example, an 8-K filing describes a Third Amendment to the company’s Revolving Credit and Security Agreement, which increased the base borrowing amount, extended the maturity date, reduced interest rates, and adjusted fees on undrawn commitments. Other 8-K filings report quarterly cash dividends approved by the Board of Directors and executive succession in legal and administrative roles.

Through this page, users can also track Form 4 insider transaction reports, where applicable, to see purchases or sales of BBW shares by directors and officers, and proxy statements on Schedule 14A for information on governance and executive compensation.

Stock Titan enhances these filings with AI-powered summaries that explain key points in plain language, highlight changes in credit facilities, summarize earnings trends, and surface notable disclosures. Real-time updates from EDGAR ensure that new Build-A-Bear filings, including 10-K, 10-Q, 8-K, and Form 4 reports, are available quickly, helping investors and researchers understand the regulatory record behind the BBW stock.

Rhea-AI Summary

Divisadero Street Capital Management, LP and affiliated entities report a significant passive stake in Build-A-Bear Workshop, Inc. common stock. As of 12/31/2025, they beneficially own 1,251,224 shares, representing 9.7% of the outstanding common stock, with shared voting and dispositive power and no sole authority.

Within this total, Divisadero Street Partners, L.P. holds 858,790 shares, or 6.6% of the class. All reported shares are directly owned by advisory clients of Divisadero Street Capital Management, and the group certifies they do not hold the securities to change or influence control of Build-A-Bear.

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Build-A-Bear Workshop Inc. received an amended ownership report showing a significant institutional stake. De Lisle Partners LLP, reported through Isabelle Cordwell‑Riant as an institutional investment manager, beneficially owns 765,938 shares of Build-A-Bear common stock, representing 5.9% of the outstanding class as of 12/31/2025, with sole voting and dispositive power over these shares.

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Build-A-Bear Workshop director granted restricted stock

Build-A-Bear Workshop, Inc. granted director James A. Goldman 556 shares of restricted common stock on February 10, 2026. These shares vest on June 12, 2026. After this grant, Mr. Goldman directly owns 556 restricted shares of Build-A-Bear Workshop common stock.

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Build-A-Bear Workshop, Inc. director reports no share ownership. James A. Goldman filed an initial insider ownership report (Form 3) for Build-A-Bear Workshop Inc. (BBW) in his capacity as a director, stating that no securities are beneficially owned. The filing is signed by an attorney-in-fact under a power of attorney.

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Build-A-Bear Workshop, Inc. expanded its Board of Directors to seven members and appointed James A. Goldman as an independent Class I director, effective February 10, 2026, with a term ending at the 2026 Annual Meeting of Stockholders.

Goldman will serve on the Audit Committee and the Compensation and Human Capital Committee. He received an award of 556 shares of restricted stock under the Amended and Restated 2020 Omnibus Incentive Plan, scheduled to vest on June 12, 2026, subject to his continued service on the board.

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Build-A-Bear Workshop, Inc. entered into a Third Amendment to its revolving credit and security agreement with PNC Bank and other lenders. The amendment increases the base borrowing capacity from $25.0 million to $40.0 million, while keeping an accordion feature that can raise it to up to $50.0 million. It also reduces interest rates on borrowings and lowers the undrawn facility fee from 0.25% to 0.20%, making the credit line less expensive to maintain.

The maturity of the facility is extended to December 31, 2030, and the agreement continues to include up to $5.0 million in swingline loans and up to $5.0 million in letters of credit. The loan remains secured by a first-priority lien on substantially all personal property of the company and its U.S. and Canadian subsidiaries. The company must keep borrowing availability at or above the greater of 10.0% of the Loan Cap or $1,875,000. At the time of the amendment, there were no outstanding borrowings and the company was in compliance with its covenants.

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Build-A-Bear Workshop, Inc. has a significant institutional holder in Divisadero Street Capital Management, LP and related entities. They report beneficial ownership of 996,407 shares of Build-A-Bear common stock, representing 7.7% of the class as of 12/11/2025. Within this total, Divisadero Street Partners, L.P. directly owns 721,578 shares, or 5.6% of the common stock.

The reporting persons have no sole voting or dispositive power over these shares, but share both voting and dispositive power across the group. All of the reported securities are held in advisory client accounts of Divisadero Street Capital Management, LP, and they state that the position is not held for the purpose of changing or influencing control of Build-A-Bear, indicating a passive investment approach.

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Build-A-Bear Workshop, Inc. reported higher sales but mixed profit trends for the thirteen and thirty-nine weeks ended November 1, 2025. Quarterly revenue rose to $122.7 million from $119.4 million, driven mainly by higher net retail sales and growth in commercial wholesale activity. However, quarterly net income dipped to $8.1 million from $9.9 million as selling, general and administrative costs rose faster than sales, leaving diluted EPS at $0.62 versus $0.73 a year ago.

For the first thirty-nine weeks of fiscal 2025, revenue increased to $375.3 million from $346.0 million, while net income improved to $35.8 million, up from $30.1 million, with diluted EPS climbing to $2.73 from $2.20. EBITDA for the period grew to $56.1 million from $49.9 million, reflecting stronger gross margins, particularly in the direct-to-consumer segment, which represented 92% of third-quarter revenue. The company continued expanding its global footprint to 375 corporately-managed stores, 168 partner-operated locations, and 108 franchised stores, while returning cash to shareholders through $17.5 million of share repurchases and $8.7 million of dividends year-to-date.

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Build-A-Bear Workshop, Inc. had a new ownership report filed by Divisadero Street Capital Management, LP, its affiliate Divisadero Street Capital, LLC, and principal William Zolezzi. They report beneficial ownership of 835,929 shares of Build-A-Bear common stock, representing 6.4% of the outstanding class as of the reported date.

The filing states that all of these shares are directly owned by advisory clients of Divisadero Street Capital Management, LP, and that no individual client is deemed to hold more than 5% of the common stock. The reporting persons certify that the shares were acquired and are held on a passive basis, not for the purpose of changing or influencing control of Build-A-Bear.

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Build-A-Bear Workshop, Inc. filed an amended current report to correct a prior disclosure about its latest quarterly results. The amendment is being made solely to add a second earnings table that was accidentally left out of the original report.

The company had previously issued a press release on December 4, 2025, covering financial results for its fiscal quarter ended November 1, 2025, and that release is included as Exhibit 99.1. Build-A-Bear notes that the release contains both GAAP and non-GAAP financial measures, which management uses to highlight underlying business trends, while cautioning that these non-GAAP metrics should not replace GAAP results.

The information in the results section and the press release is being furnished rather than filed, which means it is not subject to certain liability provisions under securities laws or automatically incorporated into other securities law documents.

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FAQ

What is the current stock price of Build-A-Bear Workshop (BBW)?

The current stock price of Build-A-Bear Workshop (BBW) is $46.74 as of March 2, 2026.

What is the market cap of Build-A-Bear Workshop (BBW)?

The market cap of Build-A-Bear Workshop (BBW) is approximately 629.9M.

BBW Rankings

BBW Stock Data

629.94M
12.22M
Specialty Retail
Retail-hobby, Toy & Game Shops
Link
United States
ST LOUIS

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