Build-A-Bear Workshop Down 3.72% To $24.56 After Earnings

Build-A-Bear Workshop (BBW) said before open Thursday that it broke even in quarter three 2023.

In the same quarter a year ago, the company earned $0.51 per share on revenue of $104.5 million.

The stock is down 3.72% to $24.56 after the report.

Build-A-Bear Workshop's profit margins maintained as both earnings and revenue declined at the same pace.

The average recommendation from Wall Street analysts was a Strong Buy which may get revised based on this new data.

Trading in the five days leading up to the report earned Build-A-Bear Workshop a Bearish Sentiment Rank from InvestorsObserver.

Prior to the report, InvestorsObserver gave the stock an overall score of 64. Meanwhile, the average Wall Street analyst rated the stock a Strong Buy.

Build-A-Bear Workshop Inc is a U.S.-based specialty retailer of customized stuffed animals and related products. The company operates through three segments. Its Direct-to-consumer segment includes the operating activities of corporately-managed locations and other retail delivery operations in the U.S., Canada, China, Denmark, Ireland, and the U.K., including the company's e-commerce sites and temporary stores. The international franchising segment includes the licensing activities of the company's franchise agreements with store locations in Europe, Asia, Australia, the Middle East, and Africa. The commercial segment includes the transactions with other businesses, mainly comprised of licensing the intellectual properties for third-party use and wholesale activities.