Build A Bear Workshop Inc (BBW)

BUILD-A-BEAR WORKSHOP UNWRAPS A SUMMER OF MYSTERY DEALSJune 15, 2026 10:24 AM
PR Newswire (US) A series of one-day-only offers begin June 17 with "Feeling the Squeeze" featuring $15 Make-Your-Own Furry Friends* — the rest of the deals are still a mysteryST. LOUIS, June 15, 2026 /PRNewswire/ -- Summer is when some of life's best memories happen. That's why Build-A-Bear Workshop, the brand known for adding a little more heart to life, is kicking off the summer season with special offers designed to bring extra surprise, fun, memorable experiences and value to the season. Here's the twist: nobody knows what's coming next. Mystery boxes and blind-box collectibles continue to trend, but Build-A-Bear is flipping the concept on its head this summer - the furry friends aren't the mystery, the deals are. By turning the deal reveal into part of the fun, Build-A-Bear is creating an experience for guests that builds anticipation before they ever arrive in-store or online.Beginning today, Build-A-Bear will unveil a series of mystery offers throughout June and July, with each reveal debuting on the brand's marketing channels a few days before it goes live. Kicking things off is "Feeling the Squeeze?, Get a Hug", featuring an array of $15 Make-Your-Own furry friends available one-day-only on June 17 at participating Workshop locations nationwide, as well as in Canada ($15CDN), the UK (£15), Ireland (€15), and online at buildabear.com."The best surprises are the ones you never see coming," said Kim Utlaut, Chief Brand Officer at Build-A-Bear Workshop. "This series is all about adding another layer of fun to the Build-A-Bear experience. From the anticipation of each mystery reveal to the joy of creating a new furry friend, these little mysteries are meant to give families more reasons to say 'yes' to time together this summer."Feeling the Squeeze is just the beginning. Additional one-day-only offers will roll out through mid-July, bringing fresh surprises each week. Guests can join the fun by following @buildabear on TikTok, Instagram and Facebook to stay up to date and be among the first to discover what's next. To unlock rewards and stay in the know on new deals and product launches year-round, guests can also join the Build-A-Bear Bonus Club.*Limited time only. Subject to change. Excludes licensed and Giant furry friends. Additional exclusions may apply. Limit 5 per guest. While supplies last. Outfits and accessories sold separately. See associate for details. About Build-A-Bear Workshop, Inc.
Founded in 1997, Build-A-Bear is a leading global retailtainment brand on a mission to add a little more heart to life. At Build-A-Bear, guests are invited to create personalized furry friends through a unique stuffing, dressing, accessorizing and naming process, accentuated by a memorable "heart ceremony" that creates moments of connection for people of all ages. Over the years, Build-A-Bear has grown into a multi-generational phenomenon, positioned at the intersection of pop-culture trends. Beyond its signature retail experience, the brand also offers pre-stuffed plush, gifting, partnerships with best-in-class licensed and collectible characters, and original storytelling through Build-A-Bear Entertainment, LLC. Build-A-Bear's current brand platform and message, "The Stuff You Love," crosses ages and cultures while celebrating nearly 30 years of helping people mark life's meaningful moments. Today, Build-A-Bear operates more than 650 company-owned, partner-operated and franchise experience locations across more than 30 countries, complemented by buildabear.com. Build-A-Bear Workshop, Inc. (NYSE: BBW) reported $529.8 million in total revenues for fiscal 2025, representing the company's 5th consecutive year of record results. Learn more at the Investor Relations section of buildabear.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/build-a-bear-workshop-unwraps-a-summer-of-mystery-deals-302800431.htmlSOURCE Build-A-Bear Workshop Original: BUILD-A-BEAR WORKSHOP UNWRAPS A SUMMER OF MYSTERY DEALS

 Build-A-Bear Workshop Completes Planned CEO SuccessionJune 12, 2026 6:45 AM
Business Wire Announces Leadership Updates to Support Continued Business Evolution Build-A-Bear Workshop, Inc. (NYSE: BBW) today announced that Chris Hurt has assumed the role of Chief Executive Officer (CEO), effective June 11, 2026. The transition follows the planned succession of Sharon Price John, who led the company for 13 years and will remain on the Board of Directors. Hurt, a seasoned executive with more than 11 years of leadership experience at Build-A-Bear, most recently served as Chief Operations and Experience Officer. During his tenure, he played an integral role in strengthening Build-A-Bear’s global operations, enhancing guest experience, and advancing key strategic initiatives across the business. “I am honored to step into the Chief Executive Officer role and build upon the company’s current position of strength,” said Hurt. “With a clear strategy focused on profitable growth, our powerful brand, and a talented global team, we are dedicated to continuing to advance the experiences, partnerships and opportunities for innovation to ensure Build-A-Bear remains a beloved and distinctive company for years to come.” “On behalf of the Board of Directors, we thank Sharon for her extraordinary leadership and lasting impact on the business,” said Craig Leavitt, Chairman of the Board. “We have tremendous confidence in Chris as he leads the company forward, building on proven strategies and unlocking the next chapter of value for this iconic brand.” Executive Leadership Updates In conjunction with the completion of the CEO transition, the company also announced updates to its executive leadership structure, effective immediately: Voin Todorovic, current Chief Financial Officer, has also assumed the role of Chief Administrative Officer, expanding his responsibilities to include enterprise-wide administrative oversight in addition to financial leadership. Dave Henderson, previously Chief Revenue Officer, has been appointed Chief Growth Officer, reflecting an expanded focus on driving long-term global growth, revenue diversification, and strategic expansion initiatives. These leadership updates further align the organization around its evolved strategic initiatives and key business priorities, including disciplined financial management, operational efficiency, and accelerating growth across channels and markets. About Build-A-Bear Workshop, Inc. Founded in 1997, Build-A-Bear is a leading global retailtainment brand on a mission to add a little more heart to life. At Build-A-Bear, guests are invited to create personalized furry friends through a unique stuffing, dressing, accessorizing and naming process, accentuated by a memorable "heart ceremony" that creates moments of connection for people of all ages. Over the years, Build-A-Bear has grown into a multi-generational phenomenon, positioned at the intersection of pop-culture trends. Beyond its signature retail experience, the brand also offers pre-stuffed plush, gifting, partnerships with best-in-class licensed and collectible characters, and original storytelling through Build-A-Bear Entertainment, LLC. Build-A-Bear’s current brand platform and message, “The Stuff You Love,” crosses ages and cultures while celebrating nearly 30 years of helping people mark life’s meaningful moments. Today, Build-A-Bear operates more than 650 company-owned, partner-operated and franchise experience locations across more than 30 countries, complemented by buildabear.com. Build-A-Bear Workshop, Inc. (NYSE: BBW) reported $529.8 million in total revenues for fiscal 2025, representing the company's 5th consecutive year of record results. Learn more at the Investor Relations section of buildabear.com. Forward-Looking Statements This press release contains certain statements that are, or may be considered to be, “forward-looking statements” for the purpose of federal securities laws, including, but not limited to, statements that reflect our current views with respect to future events and financial performance. We generally identify these statements by words or phrases such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “intend,” “predict,” “future,” “potential” or “continue,” the negative or any derivative of these terms and other comparable terminology. All the information concerning our future liquidity, future revenues, margins and other future financial performance and results, achievement of operating of financial plans or forecasts for future periods, sources and availability of credit and liquidity, future cash flows and cash needs, success and results of strategic initiatives and other future financial performance or financial position, as well as our assumptions underlying such information, constitute forward-looking information. These statements are based only on our current expectations and projections about future events. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by these forward-looking statements, including those factors discussed under the captions entitled “Risk Factors” and “Forward-Looking Statements” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on April 16, 2026, and other periodic reports filed with the SEC which are incorporated herein. All our forward-looking statements are as of the date of this Press Release only. In each case, actual results may differ materially from such forward-looking information. We can give no assurance that such expectations or forward-looking statements will prove to be correct. An occurrence of or any material adverse change in one or more of the risk factors or other risks and uncertainties referred to in this Press Release or included in our other public disclosures or our other periodic reports or other documents or filings filed with or furnished to the SEC could materially and adversely affect our continuing operations and our future financial results, cash flows, available credit, prospects, and liquidity. Except as required by law, the Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. All other brand names, product names, or trademarks belong to their respective holders. View source version on businesswire.com: https://www.businesswire.com/news/home/20260612399839/en/ Investor Relations Contact
Gary Schnierow, Vice President, Investor Relations & Corporate Finance
garys@buildabear.com Media Relations Contact
pr@buildabear.com Original:  Build-A-Bear Workshop Completes Planned CEO Succession

Build-A-Bear Workshop Announces Quarterly Cash DividendJune 11, 2026 4:05 PM
Business Wire Build-A-Bear Workshop, Inc. (NYSE: BBW) announced today that its Board of Directors declared a quarterly cash dividend of $0.23 per share of issued and outstanding common stock. The dividend will be paid on July 9, 2026, to all stockholders of record as of June 25, 2026. About Build-A-Bear Founded in 1997, Build-A-Bear is a leading global retailtainment brand on a mission to add a little more heart to life. At Build-A-Bear, guests are invited to create personalized furry friends through a unique stuffing, dressing, accessorizing and naming process, accentuated by a memorable "heart ceremony" that creates moments of connection for people of all ages. Over the years, Build-A-Bear has grown into a multi-generational phenomenon, positioned at the intersection of pop-culture trends. Beyond its signature retail experience, the brand also offers pre-stuffed plush, gifting, partnerships with best-in-class licensed and collectible characters, and original storytelling through Build-A-Bear Entertainment, LLC. Build-A-Bear’s current brand platform and message, “The Stuff You Love,” crosses ages and cultures while celebrating nearly 30 years of helping people mark life’s meaningful moments. Today, Build-A-Bear operates more than 650 company-owned, partner-operated, and franchise experience locations across more than 30 countries, complemented by buildabear.com. Build-A-Bear Workshop, Inc. (NYSE: BBW) reported $529.8 million in total revenues for fiscal 2025, representing the Company's 5th consecutive year of record results. Learn more at the Investor Relations section of buildabear.com. Forward-Looking Statements This press release contains certain statements that are, or may be considered to be, “forward-looking statements” for the purpose of federal securities laws, including, but not limited to, statements that reflect our current views with respect to future events and financial performance. We generally identify these statements by words or phrases such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “intend,” “predict,” “future,” “potential” or “continue,” the negative or any derivative of these terms and other comparable terminology. All the information concerning our future liquidity, future revenues, margins and other future financial performance and results, achievement of operating of financial plans or forecasts for future periods, sources and availability of credit and liquidity, future cash flows and cash needs, success and results of strategic initiatives and other future financial performance or financial position, as well as our assumptions underlying such information, constitute forward-looking information. These statements are based only on our current expectations and projections about future events. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by these forward-looking statements, including those factors discussed under the captions entitled “Risk Factors” and “Forward-Looking Statements” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on April 16, 2026, and other periodic reports filed with the SEC which are incorporated herein. All our forward-looking statements are as of the date of this Press Release only. In each case, actual results may differ materially from such forward-looking information. We can give no assurance that such expectations or forward-looking statements will prove to be correct. An occurrence of or any material adverse change in one or more of the risk factors or other risks and uncertainties referred to in this Press Release or included in our other public disclosures or our other periodic reports or other documents or filings filed with or furnished to the SEC could materially and adversely affect our continuing operations and our future financial results, cash flows, available credit, prospects, and liquidity. Except as required by law, the Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. All other brand names, product names, or trademarks belong to their respective holders. View source version on businesswire.com: https://www.businesswire.com/news/home/20260611710711/en/ Investor Relations Contact
Gary Schnierow, Vice President, Investor Relations & Corporate Finance
garys@buildabear.com Media Relations Contact
pr@buildabear.com Original: Build-A-Bear Workshop Announces Quarterly Cash Dividend

Build-A-Bear shares gain 6% after earnings beat offsets revenue shortfall (BBW)May 28, 2026 8:45 AM
IH Market News Build-A-Bear Workshop Inc. (NYSE:BBW) shares climbed 6.22% in premarket trading on Thursday after the company delivered stronger-than-expected quarterly earnings and increased its profit outlook, despite reporting revenue below analyst forecasts. The specialty retailer posted adjusted earnings per share of $1.03 for the first quarter, surpassing Wall Street expectations of $0.76 by $0.27. Revenue totaled $125.3 million, missing analyst estimates of $130.55 million and declining 2.4% from $128.4 million in the same quarter last year. Reported EPS came in at $1.45, which included a $7 million tariff refund tied to expenses incurred during the prior fiscal year. Net retail sales fell 5.1% year-over-year to $113.5 million, while consolidated e-commerce demand dropped 26.1%. At the same time, commercial and international franchise revenue increased 34.1% to $11.8 million. Build-A-Bear also expanded its global footprint during the quarter by adding seven new experience locations, bringing the company’s worldwide total to 669 locations. “Although there were positive highlights for the period, given a more uncertain economic environment, with consumer traffic posing a challenge, our results were lower-than-expected for the quarter,” said Sharon Price John, President and Chief Executive Officer. For fiscal 2026, the company reduced its revenue guidance to a range of $530 million to $550 million, below the analyst consensus estimate of $554.1 million. The midpoint of the forecast, $540 million, trails expectations by approximately $14.1 million. Despite the softer sales outlook, Build-A-Bear increased its pre-tax income guidance to between $72 million and $78 million, including the impact of an estimated $13 million tariff refund. Excluding the $7 million benefit tied to prior-year tariffs, the company projected adjusted pre-tax income between $65 million and $71 million. During the quarter, Build-A-Bear returned $14.2 million to shareholders through dividends and stock repurchases. Build-A-Bear Workshop stock price Original: Build-A-Bear shares gain 6% after earnings beat offsets revenue shortfall (BBW)

Build-A-Bear Workshop Reports First Quarter Fiscal 2026 ResultsMay 28, 2026 6:45 AM
Business Wire Build-A-Bear Workshop, Inc. (NYSE: BBW) today announced results for the first quarter of fiscal year 2026 ended May 2, 2026. First-quarter total revenues were $125.3 million, compared to $128.4 million First-quarter pre-tax income was $23.9 million, compared to $19.6 million; adjusted pre-tax income was $16.9 million1 First-quarter diluted earnings per share (“EPS”) totaled $1.45, compared to $1.17; adjusted EPS totaled $1.03 1 For the first quarter of 2026, the Company returned $14.2 million to shareholders through share repurchases and quarterly dividends The Company updates its fiscal 2026 revenue and pre-tax income outlook, incorporating revised sales expectations and tariff refund “Although there were positive highlights for the period, given a more uncertain economic environment, with consumer traffic posing a challenge, our results were lower-than-expected for the quarter. While we are taking steps to address this, our focus remains on executing the strategic initiatives designed to leverage the power of the Build-A-Bear brand as we transition to Chris Hurt’s leadership,” commented Sharon Price John, President and Chief Executive Officer of Build-A-Bear Workshop. Chris Hurt, Chief Operations Officer and Chief Executive Officer-elect of Build-A-Bear Workshop, added, “Looking to the balance of the year, we remain focused on continuing to drive long-term growth by increasing the number of experience locations across the globe, including the back-half grand opening of our new multi-level store in Orlando, and expanding our wholesale business. Even with that, when reflecting on our less-than-expected first quarter direct-to-consumer performance and the overall economic environment, we have chosen to lower our annual revenue guidance, while, notably, still maintaining a range above last year’s record result. Separately, given the tariff refund, we have simultaneously increased our pre-tax outlook.” Voin Todorovic, Chief Financial Officer of Build-A-Bear Workshop, concluded, “Supported by the continued strong profitability and diversification of our business, solid cash flow generation and disciplined capital allocation enabled us to return $46 million to shareholders over the past 12 months through share repurchases and quarterly dividends, including over $14 million in the first quarter.” First Quarter Fiscal 2026 Results (13 weeks ended May 2, 2026, compared to the 13 weeks ended May 3, 2025) Total revenues were $125.3 million and decreased 2.4% Net retail sales were $113.5 million and decreased 5.1% Consolidated e-commerce demand (online orders fulfilled from either the Company’s warehouses or its stores) decreased 26.1% Commercial and international franchise revenues were a combined $11.8 million and increased 34.1% Pre-tax income was $23.9 million, or 19.0% of total revenues, compared to $19.6 million, or 15.3% of total revenues, in the prior-year quarter. The 370-basis point increase in pre-tax margin reflects a 700-basis-point increase in gross margin, including a 560 basis-point benefit from the $7 million International Emergency Economic Powers Act (“IEEPA”) tariff refund related to prior fiscal year costs, with the remaining 140-basis-points primarily driven by selective price increases, and deleverage from higher occupancy costs. These gains were partially offset by a 310-basis-point increase in selling, general, and administrative expense (“SG&A”), mainly from higher total compensation costs, general inflationary pressures, and longer-range investments, as well as lower interest income. Excluding the $7 million tariff refund related to prior fiscal year costs, adjusted pre-tax income was $16.9 million,1 or 13.5% of revenue. Diluted EPS of $1.45, compared with $1.17, reflecting higher pre-tax income and a lower share count, partially offset by a higher income tax rate. Excluding the $7 million impact from the tariff refund related to prior fiscal year costs, adjusted EPS totaled $1.03. 1 Earnings before interest, taxes, depreciation and amortization (“EBITDA”) was $27.8 million, increased by 20.2%, and represented 22.2% of total revenues. Excluding the $7 million impact from the tariff refund related to prior fiscal year costs, adjusted EBITDA was $20.8 million, representing 16.6% of total revenues. 1 Store Activity For the quarter, the Company delivered net new unit growth of seven global experience locations, comprised of one corporately-managed location, three partner-operated locations, and three franchise locations. At the end of the quarter, Build-A-Bear had 669 global locations, comprised of 376 corporately-managed locations, 181 partner-operated locations, and 112 franchise locations. Balance Sheet At the end of the first quarter, cash and cash equivalents totaled $26.2 million, a decrease of $18.1 million, or 40.9%, compared to $44.3 million at the end of the first quarter last year. The Company finished the quarter with no borrowings under its revolving credit facility. Inventory at quarter end was $77.8 million, an increase of $5.6 million, or 7.7%, mainly driven by tariffs, as well as inventory levels required to support expected increases in sales activity. The Company remains comfortable with the level and composition of its inventory. For the first quarter, capital expenditures totaled $6.9 million, compared to $2.9 million last year. Return of Capital to Shareholders For the first quarter, the Company utilized $11.4 million in cash to repurchase 248,118 shares of common stock and paid shareholders a $2.9 million quarterly cash dividend. Since the end of the first quarter through May 27, the Company has utilized $3.3 million in cash to repurchase an additional 89,966 shares of its common stock. The Company has $47.0 million remaining under the board-authorized $100.0 million stock repurchase program adopted on September 11, 2024. 2026 Outlook The Company updates its 2026 outlook, decreasing revenue and revising pre-tax income guidance. Specifically, for fiscal 2026 the Company now expects: Total revenue of $530 million to $550 million Pre-tax income of $72 million to $78 million This updated pre-tax income outlook reflects an approximately $13 million IEEPA tariff refund, partially offset by lower-than-expected operating performance. Excluding the approximately $7 million impact from the tariff refund related to prior fiscal year costs, for fiscal 2026 the Company expects adjusted pre-tax income of $65 million to $71 million.1 Our outlook also reflects approximately $10 million of ongoing Section 122 tariffs and related costs, assuming the current 10% tariff rate remains in effect for the balance of the year, as well as approximately $3 million in longer-range investments. In addition, for fiscal 2026, the Company continues to expect: Net new unit growth of at least 50 experience locations through a combination of corporately-managed, partner-operated, and franchise business models Commercial revenue growth of at least 20% Capital expenditures of $22 million to $25 million Depreciation and amortization to approximate $16 million Income tax rate to approximate 24%, excluding discrete items The Company’s outlook considers various factors, including tariffs, labor costs, changes in freight expense, and ongoing inflationary challenges. Separately, the Company’s outlook does not contemplate any further material changes in the geopolitical environment, macroeconomic conditions, relevant foreign currency exchange rates, or tariffs, including the timing and amount of tariff refund recoveries. _______________________________ 1 See supplemental schedules for additional information, including the GAAP and Non-GAAP reconciliations. Note Regarding Non-GAAP Financial Measures In this press release, the Company’s financial results are provided in accordance with generally accepted accounting principles (GAAP) and using certain non-GAAP financial measures. In particular, the Company provides historic income adjusted to exclude certain costs, which are non-GAAP financial measures. These results are included as a complement to results provided in accordance with GAAP because management believes these non-GAAP financial measures help identify underlying trends in the Company’s business and provide useful information to both management and investors by excluding certain items that may not be indicative of the Company’s core operating results. These measures should not be considered a substitute for or superior to GAAP results. These non-GAAP financial measures are defined and reconciled to the most comparable GAAP measure later in this document. Webcast and Conference Call Information Today, at 9:00 a.m. ET, Build-A-Bear Workshop will host a conference call with investors and financial analysts to discuss its financial results. The call will be webcast on Build-A-Bear’s Investor Relations website at https://IR.buildabear.com. The dial-in number for the live conference call is (201) 493-6780 (toll/international) or (877) 407-3982 (toll-free). The access code is Build-A-Bear. The live Internet broadcast may be accessed at https://IR.buildabear.com. The call is expected to conclude by 10:00 a.m. ET. A replay of the conference call webcast will be available on the investor relations website for one year. A telephone replay will be available from approximately 1:00 p.m. ET on Thursday, May 28, 2026, until 11:59 p.m. ET on Thursday, June 18, 2026, and can be accessed by calling (412) 317-6671 (toll/international) or (844) 512-2921 (toll-free). The access code is 13759998. About Build-A-Bear Founded in 1997, Build-A-Bear is a leading global retailtainment brand on a mission to add a little more heart to life. At Build-A-Bear, guests are invited to create personalized furry friends through a unique stuffing, dressing, accessorizing and naming process, accentuated by a memorable "heart ceremony" that creates moments of connection for people of all ages. Over the years, Build-A-Bear has grown into a multi-generational phenomenon, positioned at the intersection of pop-culture trends. Beyond its signature retail experience, the brand also offers pre-stuffed plush, gifting, partnerships with best-in-class licensed and collectible characters, and original storytelling through Build-A-Bear Entertainment, LLC. Build-A-Bear’s current brand platform and message, “The Stuff You Love,” crosses ages and cultures while celebrating nearly 30 years of helping people mark life’s meaningful moments. Today, Build-A-Bear operates more than 650 company-owned, partner-operated, and franchise experience locations across more than 30 countries, complemented by buildabear.com. Build-A-Bear Workshop, Inc. (NYSE: BBW) reported $529.8 million in total revenues for fiscal 2025, representing the Company's 5th consecutive year of record results. Learn more at the Investor Relations section of buildabear.com. Forward-Looking Statements This press release contains certain statements that are, or may be considered to be, “forward-looking statements” for the purpose of federal securities laws, including, but not limited to, statements that reflect our current views with respect to future events and financial performance. We generally identify these statements by words or phrases such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “intend,” “predict,” “future,” “potential” or “continue,” the negative or any derivative of these terms and other comparable terminology. All the information concerning our future liquidity, future revenues, margins and other future financial performance and results, achievement of operating of financial plans or forecasts for future periods, sources and availability of credit and liquidity, future cash flows and cash needs, success and results of strategic initiatives and other future financial performance or financial position, as well as our assumptions underlying such information, constitute forward-looking information. These statements are based only on our current expectations and projections about future events. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by these forward-looking statements, including those factors discussed under the captions entitled “Risk Factors” and “Forward-Looking Statements” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on April 16, 2026, and other periodic reports filed with the SEC which are incorporated herein. All our forward-looking statements are as of the date of this Press Release only. In each case, actual results may differ materially from such forward-looking information. We can give no assurance that such expectations or forward-looking statements will prove to be correct. An occurrence of or any material adverse change in one or more of the risk factors or other risks and uncertainties referred to in this Press Release or included in our other public disclosures or our other periodic reports or other documents or filings filed with or furnished to the SEC could materially and adversely affect our continuing operations and our future financial results, cash flows, available credit, prospects, and liquidity. Except as required by law, the Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise. All other brand names, product names, or trademarks belong to their respective holders. BUILD-A-BEAR WORKSHOP, INC. AND SUBSIDIARIES Unaudited Condensed Consolidated Statements of Operations (dollars in thousands, except share and per share data)   13 Weeks 13 Weeks Ended Ended May 2, % of Total May 3, % of Total 2026 Revenues(1) 2025 Revenues(1) Revenues: Net retail sales $ 113,466   90.6   $ 119,589   93.1   Commercial revenue 10,948   8.7   7,623   5.9   International franchising revenue 856   0.7   1,183   1.0   Total revenues 125,270   100.0   128,395   100.0   Costs and expenses: Cost of merchandise sold - retail (1) 40,338   35.6   51,571   43.1   Cost of merchandise sold - commercial (1) 4,419   40.4   3,014   39.5   Cost of merchandise sold - international franchising (1) 641   74.9   824   69.7   Total cost of merchandise sold 45,398   36.2   55,409   43.2   Consolidated gross profit 79,872   63.8   72,986   56.8     Selling, general and administrative expense 56,126   44.8   53,555   41.7   Interest expense (income), net (134 ) (0.1 ) (200 ) (0.2 ) Income before income taxes 23,880   19.1   19,631   15.3   Income tax expense 5,581   4.5   4,312   3.4   Net income $ 18,299   14.6   $ 15,319   11.9     Income per common share: Basic $ 1.45   $ 1.17   Diluted $ 1.45   $ 1.17   Shares used in computing common per share amounts: Basic 12,584,388   13,080,301   Diluted 12,638,710   13,144,243     (1) Selected statement of operations data expressed as a percentage of total revenues, except cost of merchandise sold - retail, cost of merchandise sold - commercial and cost of merchandise sold - international franchising that are expressed as a percentage of net retail sales, commercial revenue and international franchising revenue, respectively. Percentages will not total due to cost of merchandise sold being expressed as a percentage of net retail sales, commercial revenue or international franchising revenue and immaterial rounding. BUILD-A-BEAR WORKSHOP, INC. AND SUBSIDIARIES Unaudited Condensed Consolidated Balance Sheets (dollars in thousands, except per share data)   May 2, January 31, May 3,   2026     2026     2025   ASSETS Current assets: Cash, cash equivalents and restricted cash $ 26,247   $ 26,755   $ 44,342   Inventories, net   77,806     82,203     72,299   Receivables, net   31,630     21,459     13,800   Prepaid expenses and other current assets   12,149     9,603     12,156   Total current assets   147,832     140,020     142,597     Operating lease right-of-use asset $ 119,622     121,129     92,699   Property and equipment, net   73,778     70,926     59,260   Deferred tax assets   7,243     7,370     7,667   Other assets, net   5,610     6,008     6,080   Total Assets $ 354,085   $ 345,453   $ 308,303     LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable   15,994   $ 15,318   $ 15,890   Accrued expenses   33,932     26,104     24,273   Operating lease liability short term   28,276     28,651     26,507   Gift cards and customer deposits   14,260     15,289     14,851   Deferred revenue and other   4,142     5,264     3,830   Total current liabilities   96,604     90,626     85,351     Operating lease liability long term   97,414     98,647     72,957   Other long-term liabilities   1,048     1,152     1,313     Stockholders' equity: Common stock, par value $0.01 per share   126     128     132   Additional paid-in capital   59,919     60,821     61,602   Accumulated other comprehensive loss   (10,939 )   (10,760 )   (11,295 ) Retained earnings   109,913     104,839     98,243   Total stockholders' equity   159,019     155,028     148,682   Total Liabilities and Stockholders' Equity $ 354,085   $ 345,453   $ 308,303   BUILD-A-BEAR WORKSHOP, INC. AND SUBSIDIARIES Unaudited Selected Financial and Store Data (dollars in thousands)   13 Weeks 13 Weeks Ended Ended May 2, May 3, 2026 2025   Other financial data:   Retail gross margin ($) (1) $ 73,128   $ 68,018   Retail gross margin (%) (1) 64.4 % 56.9 % Capital expenditures (2) $ 6,869   $ 2,907   Depreciation and amortization $ 4,002   $ 3,700     Store data (3): Number of corporately-managed retail locations at end of period North America 334   328   Europe 42   41   Total corporately-managed retail locations 376   369     Number of franchise stores at end of period 112   96     Number of third-party retail locations at end of period 181   148     Corporately-managed store square footage at end of period (4) North America 748,434   733,675   Europe 58,166   57,015   Total square footage 806,600   790,690       (1) Retail gross margin represents net retail sales less cost of merchandise sold - retail. Retail gross margin percentage represents retail gross margin divided by net retail sales. Store impairment is excluded from retail gross margin. (2) Capital expenditures represents cash paid for property, equipment, and other assets. (3) Excludes e-commerce. North American stores are located in the United States, Puerto Rico and Canada. In Europe, stores are located in the United Kingdom and Ireland. Seasonal locations not included in store count. (4) Square footage for stores located in North America is leased square footage. Square footage for stores located in Europe is estimated selling square footage. Seasonal locations not included in the store count.   * Non-GAAP Financial Measures   BUILD-A-BEAR WORKSHOP, INC. AND SUBSIDIARIES Reconciliation of GAAP to Non-GAAP figures (dollars in thousands except per share data)     The following table provides a reconciliation of pre-tax income to adjusted pre-tax income for the periods indicated: 13 Weeks 13 Weeks Ended Ended May 2, May 3,   2026     2025   Income before income taxes (pre-tax) $ 23,880   $ 19,631   IEEPA tariff refund related to fiscal 2025(1)   (7,000 )   -   Adjusted income before income taxes (pre-tax) $ 16,880   $ 19,631     The following table provides a reconciliation of net income to adjusted net income and net income per diluted share to adjusted net income per diluted share for the periods indicated: 13 Weeks 13 Weeks Ended Ended May 2, May 3,   2026     2025   Net income $ 18,299   $ 15,319   IEEPA tariff refund related to fiscal 2025, tax affected(2)   (5,338 )   -   Adjusted net income $ 12,961   $ 15,319     Net income per diluted share (EPS)   1.45     1.17     Adjusted net income per diluted share (adjusted EPS)   1.03     1.17     The following table provides a reconciliation of pre-tax income to Earnings before interest, taxes, depreciation and amortization (EBITDA) and Adjusted EBITDA for the periods indicated: 13 Weeks 13 Weeks Ended Ended May 2, May 3,   2026     2025   Income before income taxes (pre-tax) $ 23,880   $ 19,631   Interest (income) expense, net   (134 )   (200 ) Depreciation and amortization expense   4,002     3,700   EBITDA $ 27,748   $ 23,131   Adjustments to EBITDA IEEPA tariff refund related to fiscal 2025(1)   (7,000 )   -   Adjusted EBITDA $ 20,748   $ 23,131       The following table provides a reconciliation of fiscal 2026 pre-tax income outlook to Adjusted pre-tax income outlook: Fiscal 2026 outlook Income before income taxes (pre-tax) $ 72,000   $ 78,000   IEEPA tariff refund related to fiscal 2025(1)   (7,000 )   (7,000 ) Adjusted income before income taxes (pre-tax) $ 65,000   $ 71,000     (1) Relates to tariff refund attributable mainly to the second half of fiscal 2025 (2) Relates to tariff refund attributable mainly to the second half of fiscal 2025 net of income tax effect   View source version on businesswire.com: https://www.businesswire.com/news/home/20260528457773/en/ Investor Relations Contact
Gary Schnierow, Vice President, Investor Relations & Corporate Finance
garys@buildabear.com Media Relations Contact
pr@buildabear.com Original: Build-A-Bear Workshop Reports First Quarter Fiscal 2026 Results

Build-A-Bear Debuts Its First-Ever Wearable Plush as It Expands into Three New CategoriesMay 7, 2026 10:22 AM
PR Newswire (US) The retailtainment brand introduces a creative twist on summer with new Slushie Plushies, Mashimals and Beary GoodsST. LOUIS, May 7, 2026 /PRNewswire/ -- Build-A-Bear Workshop, Inc., the iconic retail brand known for "adding a little more heart to life," today launched Slushie Plushies, its first-ever wearable plush, alongside its Summer Stuff You Love collection. The summer collection features the brand's new Mashimals and Beary Goods innovation, marking expansion into formats built around consumer trends, gifting, customization and style. Inspired by nostalgic summer drinks and bold, color-driven aesthetics, Slushie Plushies are a Make-Your-Own collection that turns slushie flavors into customizable furry friends, including the electric Blue Raspberry Cow, tropical Coconut Lime Koala, bold Fruit Punch Lobster, and Strawberry Lemonade Bear. Each can be customized in-store or online with a matching scent that captures the drink it's named for and a recorded sound, for a full sensory experience.The Slushie Plushies each come with hidden clips that can be attached to an optional crossbody strap sold separately, turning the plush into something you wear, not just cuddle. The lineup extends into Mini Beans, including Strawberry Axolotl, Pineapple Pig and Coconut Lime Koala, along with bag charms featuring Mango Monkey, Blueberry Capybara, and Pineapple Pig, all made for layering and styling."We're seeing a real shift in how our guests engage with plush; it's no longer just something you own, it's something you style and show off," says Kim Utlaut, Build-A-Bear Senior Vice President, Chief Brand Officer. "Slushie Plushies tap into that, introducing a wearable format that brings plush into the world of personal style."Build-A-Bear is also launching its Summer Stuff You Love collection, a cheerful assortment of plush inspired by sunny days, beachside adventures, and carefree summer moments. Featuring bright colors, expressive characters, and playful details, the collection brings summer to life through soft, huggable plush made for imaginative play. With Build-A-Bear's signature personalization at the heart of the experience, kids and families can create a summer-ready furry friend designed to travel wherever memories are made.The Summer Stuff You Love collection includes two new formats as well as other furry friends inspired by summertime:Mashimals: A Make-Your-Own line that mashes animals with unexpected objects, including a Crab 'n' Go Cooler Mashimal, Escargot to the Beach Mashimal, Octopail Mashimal, and Shellcastle Mashimal. These are the plush you didn't know you needed until you saw them.Beary Goods: A pre-stuffed line that turns simple summer moments into loveable plush characters featuring the brand's beloved bear face. From beach days to backyard escapes, each piece feels recognizable and instantly fun, including Beary Goods Wave, Beary Goods Sun, Beary Goods Palm Tree, and Beary Goods Sandcastle.Additional furry friends in the collection include Too Cute Toucan, Chummy Shark, an online-exclusive Lightning Bug, and summertime Mini Beans.The collection rolls out today in Build-A-Bear Workshops and online, bringing a fresh lineup of plush and new formats to guests throughout the summer season.Please find additional image assets here. About Build-A-Bear Workshop, Inc.??Founded in 1997, Build-A-Bear is a leading global retailtainment brand on a mission to add a little more heart to life. At Build-A-Bear, guests are invited to create personalized furry friends through a unique stuffing, dressing, accessorizing and naming process, accentuated by a memorable "heart ceremony" that creates moments of connection for people of all ages.?Over the years, Build-A-Bear has grown into a multi-generational phenomenon, positioned at the intersection of pop-culture trends. Beyond its signature retail experience, the brand also offers pre-stuffed plush, gifting, partnerships with best-in-class licensed and collectible characters, and original storytelling through Build-A-Bear Entertainment, LLC.? Build-A-Bear's current brand platform and message, "The Stuff You Love," crosses ages and cultures while celebrating nearly 30 years of helping people mark life's meaningful moments.?Today, Build-A-Bear operates more than 650 company-owned, partner-operated and franchise experience locations across more than 30 countries, complemented by buildabear.com. Build-A-Bear Workshop, Inc. (NYSE: BBW) reported $529.8 million in total revenues for fiscal 2025, representing the company's 5th consecutive year of record results. Learn more at the Investor Relations section of buildabear.com.? View original content to download multimedia:https://www.prnewswire.com/news-releases/build-a-bear-debuts-its-first-ever-wearable-plush-as-it-expands-into-three-new-categories-302765782.htmlSOURCE Build-A-Bear Workshop Original: Build-A-Bear Debuts Its First-Ever Wearable Plush as It Expands into Three New Categories

BUILD-A-BEAR TURNS NEW POKÉMON COLLECTION LAUNCH INTO YEARLONG EEVEE EVOLUTIONS PLUSH EXTRAVAGANZA IN WORKSHOPS AND ONLINEApril 14, 2026 11:36 AM
PR Newswire (US)

Flareon leads the first wave of rotating releases, inviting fans to build their collection throughout the yearST. LOUIS, April 14, 2026 /PRNewswire/ -- Build-A-Bear Workshop® announces the launch of its Eevee Evolution campaign, transforming its Pokémon launch into an ongoing plush search inspired by the excitement of discovery. Centered on Eevee and its iconic Evolutions, the campaign introduces a rotating series of limited-time plush releases available in select Build-A-Bear Workshop locations and for limited-time online throughout the year.







The campaign begins with the debut of Vaporeon,  Jolteon, and Flareon, with additional Eevee Evolutions set to appear in future chapters throughout 2026 and early 2027. Each Evolution will be released for a limited window, with timing and availability varying by Build-A-Bear location and online to build excitement in the search to catch each of the special Pokémon friends."This campaign is designed to showcase each of the iconic Eevee Evolutions that are beloved by Pokémon fans," says Kim Utlaut, Build-A-Bear Senior Vice President, Chief Brand Officer. "By releasing these plushies in waves, we're creating a collectible experience that feels surprising, immersive, and fun, whether you're discovering your first Evolution or tracking down the next one."As the journey continues, fans will have opportunities to uncover more fan-favorite Evolutions, with no two moments of the campaign feeling the same. Not all Eevee Evolutions will be available at once, turning each visit into a new chance to discover a new Pokémon friend, online or in store.
Guests are encouraged to follow along and check back as new Eevee Evolutions are unveiled throughout the year. For the latest updates, visit Build-A-Bear.com or follow @buildabear on TikTok, Instagram, and X.  About Build-A-Bear Workshop, Inc.  Founded in 1997, Build-A-Bear is a leading global retailtainment brand on a mission to add a little more heart to life. At Build-A-Bear, guests are invited to create personalized furry friends through a unique stuffing, dressing, accessorizing, and naming process, accentuated by a memorable "heart ceremony" that creates moments of connection for people of all ages.  Over the years, Build-A-Bear has grown into a multi-generational phenomenon, positioned at the intersection of pop-culture trends. Beyond its signature retail experience, the brand also offers pre-stuffed plush, gifting, partnerships with best-in-class licensed and collectible characters, and original storytelling through Build-A-Bear Entertainment, LLC.  Build-A-Bear's current brand platform and message, "The Stuff You Love," crosses ages and cultures while celebrating nearly 30 years of helping people mark life's meaningful moments.  Today, Build-A-Bear operates more than 650 company-owned, partner-operated and franchise experience locations across more than 30 countries, complemented by Build-A-Bear.com. Build-A-Bear Workshop, Inc. (NYSE: BBW) reported $529.8 million in total revenues for fiscal 2025, representing the company's 5th consecutive year of record results. Learn more at the Investor Relations section of Build-A-Bear.com.  










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Original: BUILD-A-BEAR TURNS NEW POKÉMON COLLECTION LAUNCH INTO YEARLONG EEVEE EVOLUTIONS PLUSH EXTRAVAGANZA IN WORKSHOPS AND ONLINE

Build-A-Bear's Promise Pets™ Collection Encourages Responsibility, Caretaking Through PlayApril 9, 2026 4:15 PM
PR Newswire (US)

New social media poll by brand reveals the importance of love, patience and hands-on experience when preparing for a real petST. LOUIS, April 9, 2026 /PRNewswire/ -- In honor of National Pet Day on April 11, Build-A-Bear Workshop, known for adding a little more heart to life, is celebrating the moments behind pet ownership, where love meets learning and responsibility. New insights from a poll of the brand's social media community underscore a simple truth: while pet care undeniably starts with love, it's shaped through everyday responsibility and hands-on experience.







That same spirit is at the heart of Build-A-Bear's Promise Pets™ collection, created to encourage responsibility and reinforce the emotional value of pet care, while supporting worry-free, thoughtful plush pet adoption. Promise Pets aim to help families, especially kids, practice empathy and patience through hands-on play, storytelling, and accessories that mirror real-world pet care. For parents, Promise Pets allow kids to learn important lessons in caretaking and responsibility, in preparation for perhaps a real pet someday.Highlights from the Build-A-Bear pet parent survey include:Names as Unique as They Are: The variety of pet names reported with little to no redundancy indicates just how unique and creative the naming process has become for pet owners. While "Bruno" was more common, it still only accounted for under 2% of responses.Dogs vs. Cats: Dogs were the most reported breed of adopted pets at 45%, but cats followed closely behind at 38%. Of cats, domestic short hair (26%) and tabby (23%) stole the most hearts, while labs (22%), terriers (20%) and chihuahuas (10%) were the most common dog breeds.Cuddles Come First: At 32%, cuddling was the number one caretaking activity, followed by brushing (23%) and going on walks (20%).Love Is the Non-Negotiable: Half of pet parents said love is the most important part of caring for a pet, followed by patience (24%) and dedication (18%).Practice Makes Paw-fect: When asked the best way to prepare for the responsibility of a pet, 86% said hands-on experience is key. The top responses included helping a friend or family member, volunteering at a shelter, and practicing with a toy or stuffed animal.Build-A-Bear's current Promise Pets™ lineup reflects these real-life insights, offering a range of furry friends and accessories designed to encourage nurturing play. The Make-Your-Own Promise Pets collection includes a Calico Cat, Ocicat, Pug and Bernese Mountain Dog, with additional breeds such as the Dachshund, Golden Retriever and Frenchie available online. New this month are Promise Pets Mini Beans™, available in breeds including Calico Cat, Ocicat, Bernese Mountain Dog, and Pug.The collection also features pet care accessories that help complete the experience, from pet carriers and leashes to bowls, beds, and an Adopt-A-Pup book created specifically for Promise Pets. Families can get everything they need to bring home their new pet and step into the plush pet parent role.Promise Pets are available for adoption at Build-A-Bear Workshop locations nationwide and online at buildabear.com.For the latest updates, visit Build-A-Bear.com or follow @buildabear on TikTok, Instagram, Facebook and X. For additional images of the collection click here.About Build-A-Bear Workshop, Inc. Founded in 1997, Build-A-Bear is a leading global retailtainment brand on a mission to add a little more heart to life. At Build-A-Bear, guests are invited to create personalized furry friends through a unique stuffing, dressing, accessorizing and naming process, accentuated by a memorable "heart ceremony" that creates moments of connection for people of all ages.Over the years, Build-A-Bear has grown into a multi-generational phenomenon, positioned at the intersection of pop-culture trends. Beyond its signature retail experience, the brand also offers pre-stuffed plush, gifting, partnerships with best-in-class licensed and collectible characters, and original storytelling through Build-A-Bear Entertainment, LLC.  Build-A-Bear's current brand platform and message, "The Stuff You Love," crosses ages and cultures while celebrating nearly 30 years of helping people mark life's meaningful moments.Today, Build-A-Bear operates more than 650 company-owned, partner-operated and franchise experience locations across more than 30 countries, complemented by buildabear.com. Build-A-Bear Workshop, Inc. (NYSE: BBW) reported $529.8 million in total revenues for fiscal 2025, representing the company's 5th consecutive year of record results. Learn more at the Investor Relations section of buildabear.com. 










View original content to download multimedia:https://www.prnewswire.com/news-releases/build-a-bears-promise-pets-collection-encourages-responsibility-caretaking-through-play-302738733.htmlSOURCE Build-A-Bear Workshop

Original: Build-A-Bear's Promise Pets™ Collection Encourages Responsibility, Caretaking Through Play

UDDER MYSTERY SOLVED AS BUILD-A-BEAR DROPS SPECIAL-EDITION ALIEN COWApril 1, 2026 12:37 PM
PR Newswire (US)

What started as an April Fools' prank is now a real plush that fans can buy in Build-A-Bear Workshops and online while supplies lastST. LOUIS, April 1, 2026 /PRNewswire/ -- Build-A-Bear, the experiential retailer known for "adding a little more heart to life," is celebrating April Fools' Day with a week-long prank that culminated in a real product reveal of the special-edition Alien Cow plush, now available at Build-A-Bear Workshops nationwide and on buildabear.com, but only while supplies last.







In the days leading up to April 1, fans and guests began noticing something unusual across Build-A-Bear's social channels and Workshops. Posts appeared to glitch, strange messages popped up, and in some locations, things got a little weird. For example, furry friends were found "floating" upside down in Workshops, green lights flickered inside cub condos, and even occasional unexpected "moo" sounds came from plush that were indeed not cows.Local outlet KMOV in St. Louis even picked up on the strange activity, covering the unexplained moments as they unfolded and adding to the speculation.The strange activity was not random. It was all part of a coordinated April Fools' Day stunt that built toward the arrival of Alien Cow — a playful, otherworldly take on a classic Build-A-Bear favorite.The Alien Cow plush blends traditional cow features with subtle extraterrestrial details, including green accents and a graphic t-shirt that reads "Legendairy." With its soft fur, friendly embroidered face, and tongue-in-cheek design, the plush offers a lighthearted twist for fans looking to add something a little unexpected to their collection."The Alien Cow campaign is a great example of how we continue to bring a sense of fun and creativity to the brand," said Jazzy Danziger, VP of Brand Creative and Innovation at Build-A-Bear. "For April Fools, we wanted to create something that felt playful from the start, build curiosity throughout the week, and then deliver on it with something real that fans could take home. After seeing how fans responded to Emo Axolotl last year, we knew there was an opportunity to keep leaning into that kind of unexpected energy in a way that still feels authentic to who we are."The campaign extended beyond stores, with social content — including alien-encounter-themed videos across Instagram and TikTok — helping to build intrigue throughout the week.The Alien Cow plush is available now at buildabear.com and in Build-A-Bear Workshops nationwide while supplies last.Stay tuned for more exciting updates and product releases by following @buildabear on Instagram, TikTok and X. For images click here.About Build-A-Bear Workshop, Inc.?Founded in 1997, Build-A-Bear is a leading global retailtainment brand on a mission to add a little more heart to life. At Build-A-Bear, guests are invited to create personalized furry friends through a unique stuffing, dressing, accessorizing and naming process, accentuated by a memorable "heart ceremony" that creates moments of connection for people of all ages.?Over the years, Build-A-Bear has grown into a multigenerational phenomenon, positioned at the intersection of pop-culture trends. Beyond its signature retail experience, the brand also offers pre-stuffed plush, gifting, partnerships with best-in-class licensed and collectible characters, and original storytelling through Build-A-Bear Entertainment, LLC.? Build-A-Bear's current brand platform and message, "The Stuff You Love," crosses ages and cultures while celebrating nearly 30 years of helping people mark life's meaningful moments.?Today, Build-A-Bear operates more than 650 company-owned, partner-operated and franchise experience locations across more than 30 countries, complemented by buildabear.com. Build-A-Bear Workshop, Inc. (NYSE: BBW) reported $529.8 million in total revenues for fiscal 2025, representing the company's 5th consecutive year of record results. Learn more at the Investor Relations section of buildabear.com.?










View original content to download multimedia:https://www.prnewswire.com/news-releases/udder-mystery-solved-as-build-a-bear-drops-special-edition-alien-cow-302731570.htmlSOURCE Build-A-Bear Workshop

Original: UDDER MYSTERY SOLVED AS BUILD-A-BEAR DROPS SPECIAL-EDITION ALIEN COW

BUILD-A-BEAR WORKSHOP EXPANDS ITS PAW PRINT WITH FIRST-EVER WHOLESALE DEBUT AT WALMARTMarch 16, 2026 12:46 PM
PR Newswire (US)

Brand launches at scale with Mini Beans™, Bluey and Personalization in 1,500+ stores nationwide this SpringST. LOUIS, March 16, 2026 /PRNewswire/ -- Build-A-Bear Workshop, the iconic experiential retailer known for "adding a little more heart to life," is launching its first-ever wholesale partnership with Walmart. Beginning today, Build-A-Bear Mini Beans™, new collectible Micro Mini Beans™, and the highly anticipated Build-A-Bear x Bluey™ collection in partnership with BBC Studios, are available in 1,500+ Walmart stores nationwide, a major new distribution milestone for the nearly 30-year-old brand.







In store, the brand's signature "Choose Me, Name Me, Dress Me" journey comes to life through curated displays that spotlight styling and self-expression. Guests can select their furry friend and personalize the look with outfits and accessories, creating a character that feels uniquely their own. Mini Beans come with hang tags inspired by the iconic birth certificate customers have become accustomed to in Workshops reinforcing the personal connection that makes Build-A-Bear so memorable, as do the Build-A-Bear hearts inside the plush on shelves.The launch of Build-A-Bear's new Micro Mini Beans™ at Walmart taps directly into the growing consumer appetite for collectible toys and blind-bag surprises, delivering big personality in a pint-sized format. Available in mystery-pack singles as well as multi-packs, Micro Mini Beans introduce a playful "what-will-you-get" experience that fuels repeat discovery and trading - key drivers of modern collectibility. By pairing beloved Build-A-Bear characters with a blind-bag reveal and accessible price points, the assortment invites kids and collectors alike to build their collections one surprise at a time, extending the brand's heart-led storytelling into a trend-forward retail experience."This is a defining growth milestone for Build-A-Bear," said Dave Henderson, Chief Revenue Officer of Build-A-Bear Workshop. "For nearly three decades, we've built our brand around personalization and emotional connection. Launching our first wholesale partnership with Walmart allows us to introduce Build-A-Bear to millions of new guests while staying true to the creativity and individuality that set us apart."The full assortment includes:Build-A-Bear X Bluey™ — Beloved characters from Bluey, including Bluey, Bingo, Rusty, Socks, Muffin and Winton, are available in Mini Beans and/or Micro Mini Beans, and Bluey in full-size plush, introducing Build-A-Bear's distinctive plush formats to Walmart's Bluey lineup through a licensed partnership with BBC Studios.Mini Beans™ — The highly collectible plush line from Build-A-Bear arrives in style offering guests Micro Mini Beans in mystery-pack singles, 3-packs and 6-packs with a mystery plush inside, a first-ever offering for the brand. An assortment of Original Mini Beans options with select outfits and accessories to personalize as desired are also available. From bears to frogs to axolotls, Mini Beans continue to drive strong guest enthusiasm and repeat visits.Tan Bear — The classic bear that defines the brand is available in full size, along with assorted accessories like denim overalls, hoodies and a bucket hat for guests to personalize as desired.With sought-after, beloved plush characters, collectible formats and personalization through styling, this limited-time launch positions Build-A-Bear to drive strong guest momentum this spring.This collection will hit shelves at select Walmart stores nationwide and online at Walmart.com starting today, available through May 15 while supplies last. Guests can also visit Build-A-Bear locations across the country and online at Buildabear.com for even more of the stuff they love.For images and additional information click HERE.About Build-A-Bear Workshop, Inc. Founded in 1997, Build-A-Bear is a leading global retailtainment brand on a mission to add a little more heart to life. At Build-A-Bear, guests are invited to create personalized furry friends through a unique stuffing, dressing, accessorizing and naming process, accentuated by a memorable "heart ceremony" that creates moments of connection for people of all ages. Over the years, Build-A-Bear has grown into a multi-generational phenomenon, positioned at the intersection of pop-culture trends. Beyond its signature retail experience, the brand also offers pre-stuffed plush, gifting, partnerships with best-in-class licensed and collectible characters, and original storytelling through Build-A-Bear Entertainment, LLC. Build-A-Bear's current brand platform and message, "The Stuff You Love," crosses ages and cultures while celebrating nearly 30 years of helping people mark life's meaningful moments. Today, Build-A-Bear operates more than 650 company-owned, partner-operated and franchise experience locations across more than 30 countries, complemented by buildabear.com. Build-A-Bear Workshop, Inc. (NYSE: BBW) reported $529.8 million in total revenues for fiscal 2025, representing the company's 5th consecutive year of record results. Learn more at the Investor Relations section of buildabear.com. 










View original content to download multimedia:https://www.prnewswire.com/news-releases/build-a-bear-workshop-expands-its-paw-print-with-first-ever-wholesale-debut-at-walmart-302714879.htmlSOURCE Build-A-Bear Workshop

Original: BUILD-A-BEAR WORKSHOP EXPANDS ITS PAW PRINT WITH FIRST-EVER WHOLESALE DEBUT AT WALMART

Build-A-Bear shares jump more than 23% despite fourth-quarter earnings missMarch 12, 2026 9:56 AM
IH Market News
Build-A-Bear Workshop Inc. (NYSE:BBW) reported fourth-quarter results on Thursday that came in slightly below analyst expectations.Despite the miss, the company’s shares surged about 23.5% in premarket trading as investors focused on the retailer’s record full-year performance and its growth outlook for fiscal 2026.For the fourth quarter ended January 31, the specialty retailer posted adjusted earnings per share of $1.26, missing the consensus estimate of $1.28. Revenue reached a quarterly record of $154.5 million, rising 2.7% year-over-year but falling short of analyst forecasts of $156.33 million.Results for the quarter were affected by roughly $6 million in tariff-related and associated costs. Net retail sales totaled $139.5 million, remaining largely unchanged from the prior year, while combined revenue from commercial partnerships and international franchising increased 37.5% to $15.1 million.For the full fiscal year 2025, Build-A-Bear delivered record performance, reporting revenue of $529.8 million, up 6.7% from the previous year. Adjusted earnings per share also reached a record $3.99, compared with $3.80 in fiscal 2024. During the year, the company absorbed approximately $11 million in tariff-related costs while maintaining solid profitability.“We are pleased to report a year of solid revenue expansion, driven by growth across each of our three operating segments,” said Sharon Price John, President and Chief Executive Officer. “Looking ahead, with a strong plan and key infrastructure in place, given we have now surpassed the half-billion-dollar milestone revenue mark this fiscal year, we are focused on further leveraging our success and the power of our brand to drive more incremental business.”Build-A-Bear Workshop stock price

Original: Build-A-Bear shares jump more than 23% despite fourth-quarter earnings miss

Build-A-Bear Workshop Announces Chief Executive Officer SuccessionMarch 12, 2026 6:45 AM
Business Wire
Chris Hurt To Become Chief Executive Officer as Sharon Price John To Retire From Position Following Planned Transition Period


The Board of Directors of Build-A-Bear Workshop (NYSE: BBW) announced today that as part of a multi-year planned succession process, longtime Build-A-Bear President and CEO Sharon Price John intends to retire from her role effective June 11, 2026, the date of the Company’s Annual Shareholders’ Meeting. In a unanimous vote, the Board appointed the Company’s tenured Chief Operations and Experience Officer Chris Hurt to succeed Price John as Chief Executive Officer, who will transition her responsibilities to Hurt during this period. The Board also appointed Hurt to the Board of Directors effective upon assuming the CEO role, and Price John will remain on the Board and help to ensure a smooth transition.


“Chris has clearly demonstrated his knowledge, skill, leadership and passion over the last ten years, and in turn, has generated tremendous value for Build-A-Bear and its stakeholders. He also has a remarkable ability to connect with the organization in a way that not only creates a strong culture but drives people toward success, making him the ideal candidate,” said Craig Leavitt, Chairman of Build-A-Bear Workshop’s Board of Directors. “Chris’s appointment concludes a thorough and extensive succession planning process in which we partnered with a best-in-class firm to aid in the assessment and exploratory search. His outstanding record of business achievement, strategic initiative, exceptional knowledge and trust of the organization, as well as his dedication to the continued success and expansion of the company, served as proof points supporting the Board’s confidence that he is uniquely prepared to drive the corporation forward in a manner that is designed to continue creating long-term shareholder value.”


During his decade-long tenure at the beloved global experiential brand and retail company, Hurt has played an invaluable part in both the organization’s multi-year turnaround as well as development and execution of the company’s strategy that has driven the current positive results including today’s announcement of its 5th consecutive record year for fiscal 2025. While Hurt’s comprehensive areas of oversight have included Real Estate, International, Logistics, and more recently, Merchandising, Marketing and Licensing, he was originally hired and spent the majority of his tenure leading the Company’s global retail organization, representing its largest revenue generating business unit overseeing over 4,000 employees. Not only did Hurt play a critical role driving initiatives that returned the store fleet to profitability, posting significant expansion in store contribution margin, he is also the architect of the recent successful global expansion of Build-A-Bear, leveraging a unique capital light partner-operated model to efficiently introduce the brand to more fans around the world.


“Chris has proven himself as a great leader and, given his success overseeing multiple areas at the company, has had the outstanding and diverse experience to prepare him to be our next CEO,” said Price John. “He has been an incredible partner over the last ten years and brings a consumer-centric, brand-building, data-driven approach to everything he touches. As an instrumental contributor to the current success of the company, Chris understands and simultaneously embraces our heart-felt culture combined with both a drive and ability to continue to move the organization to even greater heights. I look forward to continuing to serve on the Board and as an advisor to Chris in his new role.”


Since 2013, Price John and her leadership team have overseen a financial turnaround to return to profitability and spearheaded a strategic transformation to leverage the power of the brand to expand the business across a number of initiatives including extending the addressable market and the global footprint. This was in conjunction with successfully guiding the organization through periods of significant external disruption, including COVID, while building a team, improving the corporate infrastructure, and executing an on-going digital transformation to position the company to scale at a more rapid pace while driving profitable growth.


“I would like to express my appreciation to the Board for entrusting me with this opportunity to continue to expand on our successful strategy as the next CEO of Build-A-Bear, a company that means so much to me,” said Hurt. “During my time at Build-A-Bear I have learned and intend to continue to honor that our real power comes from our associates and the memorable moments we create for guests of all ages around the world each day through our amazing in-store experiences.”


“I would also like to personally thank Sharon for her friendship, on-going counsel and inarguable positive impact on this company while acknowledging our founder Maxine Clark for her support and legendary work as a pioneer in experiential retail,” concluded Hurt.


“On behalf of the entire Board, we would also like to extend our appreciation to Sharon,” continued Leavitt. “Over nearly thirteen years after taking over from the founder, Sharon has led Build-A-Bear with heart while identifying and driving toward a powerful vision for the company designed to leverage and monetize the enormous equity of this iconic brand, which has delivered exceptional results and shareholder return.”


About Chris Hurt


Since joining Build-A-Bear Workshop in 2015, Hurt served as Chief Operations Officer, and more recently, Chief Operations and Experience Officer. Much of his tenure focused on restructuring the organization’s largest business unit, the global retail management and operations team, including guest experience, real estate, build-out, and logistics. During his oversight, the company executed a successful multi-dimensional retail turnaround, resulting in best-in-class vertical retail operations, generating top-tier profitability for the experience-driven brand as well as reigniting international expansion. Since early 2024, Chris shifted his operational and consumer-insight expertise to redefine the Brand, Merchandising, Marketing and Licensing areas of the business where he has further extended consumer segments and categories through product expansion and engaging brand initiatives. Prior to joining the Company, Hurt was at American Eagle Outfitters, Inc. from 2002 to 2015 in various senior leadership roles of increasing responsibility, including Senior Vice President of North America, Vice President/General Manager of the Factory stores, Zone Vice President and Regional Director. Prior to that, Hurt held positions of increasing responsibility at Polo Ralph Lauren after starting his career at The Procter & Gamble Company.


Succession Planning Process


Hurt’s election as CEO concludes a thorough and extensive succession planning process driven by the Board with the goal of identifying a leadership transition that aligns with the company’s culture, long-term strategic objectives, and shareholder interests. The full Board undertook a deliberate, multi-year succession planning process, meeting regularly to evaluate internal and external candidates, transition structures, organizational frameworks, and planning for potential impacts of succession decisions across the company. It also engaged a best-in-class global consulting and search firm in completing the process. Hurt also underwent a rigorous preparation process with the aid of the firm, in addition to extensive mentorship from Price John, external coaching, and direct engagement with all directors.


About Build-A-Bear Workshop, Inc.


Founded in 1997, Build-A-Bear is a leading global retailtainment brand on a mission to add a little more heart to life. At Build-A-Bear, guests are invited to create personalized furry friends through a unique stuffing, dressing, accessorizing and naming process, accentuated by a memorable "heart ceremony" that creates moments of connection for people of all ages.


Over the years, Build-A-Bear has grown into a multi-generational phenomenon, positioned at the intersection of pop-culture trends. Beyond its signature retail experience, the brand also offers pre-stuffed plush, gifting, partnerships with best-in-class licensed and collectible characters, and original storytelling through Build-A-Bear Entertainment, LLC. Build-A-Bear’s current brand platform and message, “The Stuff You Love,” crosses ages and cultures while celebrating nearly 30 years of helping people mark life’s meaningful moments.


Today, Build-A-Bear operates more than 650 company-owned, partner-operated and franchise experience locations across more than 30 countries, complemented by buildabear.com. Build-A-Bear Workshop, Inc. (NYSE: BBW) reported $529.8 million in total revenues for fiscal 2025, representing the company's 5th consecutive year of record results. Learn more at the Investor Relations section of buildabear.com.


Forward-Looking Statements


This press release contains certain statements that are, or may be considered to be, “forward-looking statements” for the purpose of federal securities laws, including, but not limited to, statements that reflect our current views with respect to future events and financial performance. We generally identify these statements by words or phrases such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “intend,” “predict,” “future,” “potential” or “continue,” the negative or any derivative of these terms and other comparable terminology. All the information concerning our future liquidity, future revenues, margins and other future financial performance and results, achievement of operating of financial plans or forecasts for future periods, sources and availability of credit and liquidity, future cash flows and cash needs, success and results of strategic initiatives and other future financial performance or financial position, as well as our assumptions underlying such information, constitute forward-looking information.


These statements are based only on our current expectations and projections about future events. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by these forward-looking statements, including those factors discussed under the caption entitled “Risks Related to Our Business” and “Forward-Looking Statements” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on April 18, 2024 and other periodic reports filed with the SEC which are incorporated herein.


All our forward-looking statements are as of the date of this Press Release only. In each case, actual results may differ materially from such forward-looking information. We can give no assurance that such expectations or forward-looking statements will prove to be correct. An occurrence of or any material adverse change in one or more of the risk factors or other risks and uncertainties referred to in this Press Release or included in our other public disclosures or our other periodic reports or other documents or filings filed with or furnished to the SEC could materially and adversely affect our continuing operations and our future financial results, cash flows, available credit, prospects, and liquidity. Except as required by law, the Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.


All other brand names, product names, or trademarks belong to their respective holders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260312922657/en/
Investor Relations Contact

Gary Schnierow, Vice President, Investor Relations & Corporate Finance

garys@buildabear.com


Media Relations Contact

pr@buildabear.com


Original: Build-A-Bear Workshop Announces Chief Executive Officer Succession

Build-A-Bear Workshop Reports Fourth and Record Fiscal 2025 Results; Increases Quarterly DividendMarch 12, 2026 6:40 AM
Business Wire
Build-A-Bear Workshop, Inc. (NYSE: BBW) today announced results for the fourth quarter of fiscal year 2025 ended January 31, 2026.



Total revenues were a fourth-quarter record $154.5 million, compared to $150.4 million, and for the fiscal year, total revenues were also a record $529.8 million, compared to $496.4 million



Pre-tax income for the fourth quarter was $21.5 million, compared to $27.5 million, with an approximate $6 million tariff and related cost impact, and for the fiscal year, pre-tax income was a record $67.2 million, compared to $67.1 million, with an approximate $11 million tariff and related cost impact



Fourth-quarter diluted earnings per share totaled $1.26 versus $1.62; fiscal year diluted earnings per share totaled a record $3.99 versus $3.80



For fiscal 2025, the Company returned $39.0 million to shareholders through share repurchases and quarterly dividends



The Company increased its quarterly dividend by 4.5% to $0.23 per share



The Company introduces fiscal 2026 guidance, projecting total revenues to grow in the mid-single-digits and pre-tax income ranging from a mid-single-digit decline to low single-digit growth, inclusive of a full year of tariff and related costs, as well as longer-range investments



“We are pleased to report a year of solid revenue expansion, driven by growth across each of our three operating segments. This momentum, even amid external distractions, was further supported by the successful opening of more than 60 net new units across multiple geographies for the second year in a row,” commented Sharon Price John, President and Chief Executive Officer of Build-A-Bear Workshop. “Looking ahead, with a strong plan and key infrastructure in place, given we have now surpassed the half-billion-dollar milestone revenue mark this fiscal year, we are focused on further leveraging our success and the power of our brand to drive more incremental business,” concluded Ms. John.


Voin Todorovic, Chief Financial Officer of Build-A-Bear Workshop, added, “The company achieved its fifth consecutive year of record revenue and pre-tax income. These results reflect approximately $11 million in tariffs and related costs that we partially offset through continued operational excellence, strong store contribution margins, and actions to further diversify our business model. This consistent performance, together with solid cash flow generation, has enabled us to return more than $170 million to shareholders through stock repurchases and dividends over the past five years."


Fourth Quarter Fiscal 2025 Results


(13 weeks ended January 31, 2026, compared to the 13 weeks ended February 1, 2025)



Total revenues were $154.5 million and increased 2.7%.


Net retail sales were $139.5 million, consistent with the prior year.



Consolidated e-commerce demand (online orders fulfilled from either the Company’s warehouses or its stores) decreased 13.6%.



Commercial and International franchising segment revenues were a combined $15.1 million and increased 37.5%.





Pre-tax income was $21.5 million, or 13.9% of total revenues, compared to $27.5 million, or 18.3% of total revenues, in the prior-year quarter. This reflects approximately $6 million in tariffs and related costs, and over $1.2 million combined in increased medical expenses, and labor costs related to minimum wage increases, which was previously shared as part of a full-year estimate. The 440-basis-point reduction in pre-tax margin reflects a 140-basis-point decrease in gross margin, related to tariffs, partially offset by selective price increases, and a 300-basis-point increase in selling, general and administration (“SG&A”) expense, from higher total compensation costs, marketing expenses, and additional inflationary pressures.


Diluted earnings per share (“EPS”) of $1.26, compared with $1.62, reflecting lower pre-tax income and a higher income tax rate, partially offset by a reduction in share count.


Earnings before interest, taxes, depreciation and amortization (“EBITDA”) of $25.3 million, decreased by 18.9%, and represented 16.3% of total revenues.



Fiscal Year 2025 Results


(52 weeks ended January 31, 2026, compared to the 52 weeks ended February 1, 2025)



Total revenues were $529.8 million and increased 6.7%.


Net retail sales were $486.0 million and increased 5.6%.



Consolidated e-commerce demand (online orders fulfilled from either the Company’s warehouses or its stores) decreased 5.5%.



Commercial and International franchising segment revenues were a combined $43.9 million and increased 21.6%.





Pre-tax income was $67.2 million, or 12.7% of total revenues, compared to $67.1 million, or 13.5% of total revenues, in the prior year. This reflects approximately $11 million in tariffs and related costs, and $5 million in increased medical and labor costs, largely offset by revenue growth. The 80-basis-point decline in pre-tax margin reflects a 90-basis-point improvement in total gross margin driven by expansion in Retail gross margin from reduced promotional activity, leverage of fixed costs, and selective price increases, partially offset by the impact of tariffs, and a 170-basis-point increase in SG&A expense, from higher total compensation costs and additional inflationary pressures.


Diluted EPS of $3.99, compared with $3.80, reflecting higher pre-tax income, a reduction in share count, and a lower income tax rate.


EBITDA of $81.4 million, increased by 0.4%, and represented 15.0% of total revenues.



Store Activity


For the quarter, the Company had net new unit growth of 11 global experience locations, comprising 10 partner-operated and one franchise location. For the year, the Company had net new unit growth of 64 global experience locations, comprising seven corporately-managed, 40 partner-operated, and 17 franchise locations.


At the end of the fiscal year, Build-A-Bear had 662 locations, reflecting 375 corporately-managed, 178 partner-operated, and 109 franchise locations.


Balance Sheet


At fiscal year-end, cash and cash equivalents totaled $26.8 million, a decrease of $1.0 million, or 3.6%, compared with last year. The Company finished the quarter with no borrowings under its revolving credit facility.


For the fourth quarter and fiscal 2025, capital expenditures totaled $12.7 million and $25.5 million, respectively.


Inventory at fiscal year-end totaled $82.2 million, an increase of $12.4 million, or 17.8%, compared with last year, driven by higher tariffs and inventory levels required to support expected increased sales activity. The Company remains comfortable with the level and composition of its inventory.


Return of Capital to Shareholders


For the fourth quarter, the Company utilized $10.1 million in cash to repurchase 172,904 shares of its common stock and paid a quarterly cash dividend of $2.8 million to shareholders. For fiscal 2025, the Company utilized $27.5 million in cash to repurchase 508,945 shares of its common stock and paid $11.5 million in quarterly cash dividends to shareholders.


Since the end of the fourth quarter through March 11, the Company has utilized $6.7 million in cash to repurchase an additional 132,230 shares of its common stock. The Company has $55.0 million remaining under the board-authorized $100.0 million stock repurchase program adopted on September 11, 2024.


2026 Outlook


The Company issues the following fiscal 2026 outlook:



Total revenue growth on a mid-single-digit percentage basis



Pre-tax income to range from a mid-single-digit percentage decline to low-single-digit percentage growth, inclusive of approximately $16 million of tariff and related costs, assuming the current 10% tariff rate is in effect for the balance of the year, as well as approximately $3 million in longer-range investments



In addition, for fiscal 2026, the Company currently expects:



Net new unit growth of at least 50 experience locations through a combination of corporately-managed, partner-operated, and franchised business models



Commercial revenue growth of at least 20%



Capital expenditures in the range of $22 million to $25 million



Depreciation and amortization to approximate $16 million



Tax rate to approximate 24%, excluding discrete items



The Company’s outlook considers various factors, including tariffs, labor costs, changes in freight expense, and ongoing inflationary challenges. Separately, the Company’s outlook does not contemplate any further material changes in tariffs, the macroeconomic conditions, or relevant foreign currency exchange rates. Finally, the Company’s outlook does not take into account the potential impact of the current geopolitical environment arising from events in the Middle East.


Note Regarding Non-GAAP Financial Measures


In this press release, the Company’s financial results are provided both in accordance with generally accepted accounting principles (GAAP) and using certain non-GAAP financial measures. In particular, the Company provides historic income adjusted to exclude certain costs, which are non-GAAP financial measures. These results are included as a complement to results provided in accordance with GAAP because management believes these non-GAAP financial measures help identify underlying trends in the Company’s business and provide useful information to both management and investors by excluding certain items that may not be indicative of the Company’s core operating results. These measures should not be considered a substitute for or superior to GAAP results. These non-GAAP financial measures are defined and reconciled to the most comparable GAAP measure later in this document.


Webcast and Conference Call Information


Today, at 9:00 AM ET, Build-A-Bear Workshop will host a conference call with investors and financial analysts to discuss its financial results. The call will be webcast on Build-A-Bear’s Investor Relations website, https://ir.buildabear.com.


The dial-in number for the live conference call is (877) 407-3982 or (201) 493-6780 for international callers. The access code is Build-A-Bear. The call is expected to conclude by 10 AM ET.


A replay of the conference call webcast will be available on the investor relations website for one year. A telephone replay will be available from approximately 1:00 p.m. ET on Thursday, March 12, 2026, until 11:59 p.m. ET on Thursday, March 26, 2026. The telephone replay is available by calling (412) 317-6671 (toll/international) or (844) 512-2921 (toll-free). The access code is 13758473.


About Build-A-Bear


Founded in 1997, Build-A-Bear is a leading global retailtainment brand on a mission to add a little more heart to life. At Build-A-Bear, guests are invited to create personalized furry friends through a unique stuffing, dressing, accessorizing and naming process, accentuated by a memorable "heart ceremony" that creates moments of connection for people of all ages.


Over the years, Build-A-Bear has grown into a multi-generational phenomenon, positioned at the intersection of pop-culture trends. Beyond its signature retail experience, the brand also offers pre-stuffed plush, gifting, partnerships with best-in-class licensed and collectible characters, and original storytelling through Build-A-Bear Entertainment, LLC. Build-A-Bear’s current brand platform and message, “The Stuff You Love,” crosses ages and cultures while celebrating nearly 30 years of helping people mark life’s meaningful moments.


Today, Build-A-Bear operates more than 650 company-owned, partner-operated and franchise experience locations across more than 30 countries, complemented by buildabear.com. Build-A-Bear Workshop, Inc. (NYSE: BBW) reported $529.8 million in total revenues for fiscal 2025, representing the company's 5th consecutive year of record results. Learn more at the Investor Relations section of buildabear.com.


Forward-Looking Statements


This press release contains certain statements that are, or may be considered to be, “forward-looking statements” for the purpose of federal securities laws, including, but not limited to, statements that reflect our current views with respect to future events and financial performance. We generally identify these statements by words or phrases such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “intend,” “predict,” “future,” “potential” or “continue,” the negative or any derivative of these terms and other comparable terminology. All the information concerning our future liquidity, future revenues, margins and other future financial performance and results, achievement of operating of financial plans or forecasts for future periods, sources and availability of credit and liquidity, future cash flows and cash needs, success and results of strategic initiatives and other future financial performance or financial position, as well as our assumptions underlying such information, constitute forward-looking information.


These statements are based only on our current expectations and projections about future events. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by these forward-looking statements, including those factors discussed under the caption entitled “Risks Related to Our Business” and “Forward-Looking Statements” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on April 18, 2024 and other periodic reports filed with the SEC which are incorporated herein.


All our forward-looking statements are as of the date of this Press Release only. In each case, actual results may differ materially from such forward-looking information. We can give no assurance that such expectations or forward-looking statements will prove to be correct. An occurrence of or any material adverse change in one or more of the risk factors or other risks and uncertainties referred to in this Press Release or included in our other public disclosures or our other periodic reports or other documents or filings filed with or furnished to the SEC could materially and adversely affect our continuing operations and our future financial results, cash flows, available credit, prospects, and liquidity. Except as required by law, the Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.


All other brand names, product names, or trademarks belong to their respective holders.




BUILD-A-BEAR WORKSHOP, INC. AND SUBSIDIARIES








Unaudited Condensed Consolidated Statements of Operations








(dollars in thousands, except share and per share data)








 






 






 






 







 






 








 






 






 






 







 






13 Weeks






 






 






 






 






13 Weeks






 






 








 






 






 






 







 






Ended






 






 






 






 






Ended






 






 








 






 






 






 







 






January 31,






 






% of Total






 






 






February 1,






 






% of Total








 






 






 






 







 






2026






 






Revenues (1)






 






 






2025






 






Revenues (1)







Revenues:













Net retail sales

$

139,464






 







90.3






 






$

139,499






 







92.7






 








Commercial revenue



13,558






 







8.8






 








9,529






 







6.3






 








International franchising



1,489






 







1.0






 








1,418






 







1.0






 










Total revenues



154,511






 







100.0






 








150,446






 







100.0






 







Cost of merchandise sold:













Cost of merchandise sold - retail (1)



61,328






 







44.0






 








60,062






 







43.1






 








Cost of merchandise sold - commercial (1)



6,655






 







49.1






 








4,229






 







44.4






 








Cost of merchandise sold - international franchising (1)



1,218






 







81.8






 








1,011






 







71.3






 










Total cost of merchandise sold



69,201






 







44.8






 








65,302






 







43.4






 







Consolidated gross profit



85,310






 







55.2






 








85,144






 







56.6






 




















 



Selling, general and administrative expense



63,935






 







41.4






 








57,796






 







38.4






 








Interest (income) expense, net



(174






)







(0.1






)








(138






)







(0.1






)










Income before income taxes



21,549






 







13.9






 








27,486






 







18.3






 







Income tax expense



5,154






 







3.3






 








5,808






 







3.9






 










Net income

$

16,395






 







10.6






 






$

21,678






 







14.4






 




















 


Income per common share:













Basic

$

1.26






 








$

1.63






 










Diluted

$

1.26






 








$

1.62






 









Shares used in computing common per share amounts:













Basic



12,978,854






 










13,297,099






 










Diluted



13,021,011






 










13,355,474






 












(1)






Selected statement of operations data expressed as a percentage of total revenues, except cost of merchandise sold - retail, cost of merchandise sold - commercial and cost of merchandise sold - international franchising that are expressed as a percentage of net retail sales, commercial revenue and international franchising, respectively. Percentages will not total due to cost of merchandise sold being expressed as a percentage of net retail sales, commercial revenue or international franchising and immaterial rounding.



BUILD-A-BEAR WORKSHOP, INC. AND SUBSIDIARIES


Unaudited Condensed Consolidated Statements of Operations


(dollars in thousands, except share and per share data)










 











52 Weeks






 






 






 






 






52 Weeks






 






 
















Ended






 






 






 






 






Ended






 






 
















January 31,






 






% of Total






 






 






February 1,






 






% of Total
















2026






 






Revenues (1)






 






 






2025






 






Revenues (1)







Revenues:













Net retail sales

$

485,956






 







91.7






 






$

460,325






 







92.8






 








Commercial revenue



38,750






 







7.3






 








31,387






 







6.3






 








International franchising



5,126






 







1.0






 








4,692






 







0.9






 










Total revenues



529,832






 







100.0






 








496,404






 







100.0






 







Costs and expenses:













Cost of merchandise sold - retail (1)



213,229






 







43.9






 








207,200






 







45.0






 








Cost of merchandise sold - commercial (1)



17,199






 







44.4






 








13,439






 







42.8






 








Cost of merchandise sold - international franchising (1)



3,775






 







73.6






 








3,247






 







69.2






 












Total cost of merchandise sold



234,203






 







44.2






 








223,886






 







45.1






 







Consolidated gross profit



295,629






 







55.8






 








272,518






 







54.9






 






















 



Selling, general and administrative expense



229,203






 







43.3






 








206,238






 







41.5






 








Interest expense (income), net



(801






)







(0.2






)








(861






)







(0.2






)










Income before income taxes



67,227






 







12.7






 








67,141






 







13.5






 







Income tax expense



15,024






 







2.8






 








15,356






 







3.1






 










Net income

$

52,203






 







9.9






 






$

51,785






 







10.4






 






















 


Income per common share:













Basic

$

4.00






 








$

3.81






 










Diluted

$

3.99






 








$

3.80






 









Shares used in computing common per share amounts:













Basic



13,045,394






 










13,578,587






 










Diluted



13,083,436






 










13,621,075






 












(1)






Selected statement of operations data expressed as a percentage of total revenues, except cost of merchandise sold - retail, cost of merchandise sold - commercial and cost of merchandise sold - international franchising that are expressed as a percentage of net retail sales, commercial revenue and international franchising, respectively. Percentages will not total due to cost of merchandise sold being expressed as a percentage of net retail sales, commercial revenue or international franchising and immaterial rounding.




BUILD-A-BEAR WORKSHOP, INC. AND SUBSIDIARIES








Unaudited Condensed Consolidated Balance Sheets








(dollars in thousands, except per share data)








 






 






 






 







 






 






 






 








 






 






 






 







January 31,






 






February 1,






February 3,








 






 






 






 







 






2026






 






 






 






2025






 






 






2024






 








ASSETS







Current assets:








Cash, cash equivalents and restricted cash


$






26,755






 







$






27,758






 






$






44,327






 








Inventories, net


 






82,203






 







 






69,775






 






 






63,499






 








Receivables, net


 






21,459






 







 






16,096






 






 






8,569






 








Prepaid expenses and other current assets


 






9,603






 







 






12,669






 






 






11,377






 










Total current assets


 






140,020






 







 






126,298






 






 






127,772






 















 


Operating lease right-of-use asset


$






121,129






 







 






90,200






 






 






73,443






 







Property and equipment, net


 






70,926






 







 






59,761






 






 






55,262






 







Deferred tax assets


 






7,370






 







 






7,596






 






 






8,682






 







Other assets, net


 






6,008






 







 






6,101






 






 






7,166






 







Total Assets


$






345,453






 







$






289,956






 






$






272,325






 















 



LIABILITIES AND STOCKHOLDERS' EQUITY







Current liabilities:








Accounts payable


 






15,318






 







$






16,538






 






$






16,170






 








Accrued expenses


 






26,104






 







 






16,209






 






 






19,954






 








Operating lease liability short term


 






28,651






 







 






26,841






 






 






25,961






 








Gift cards and customer deposits


 






15,289






 







 






15,791






 






 






18,134






 








Deferred revenue and other


 






5,264






 







 






4,015






 






 






3,514






 










Total current liabilities


 






90,626






 







 






79,394






 






 






83,733






 















 


Operating lease liability long term


 






98,647






 







 






70,155






 






 






57,609






 







Other long-term liabilities


 






1,152






 







 






1,325






 






 






1,321






 















 


Stockholders' equity:








Common stock, par value $0.01 per share


 






128






 







 






133






 






 






142






 








Additional paid-in capital


 






60,821






 







 






61,987






 






 






66,330






 








Accumulated other comprehensive loss


 






(10,760






)







 






(12,554






)






 






(12,082






)








Retained earnings


 






104,839






 







 






89,516






 






 






75,272






 










Total stockholders' equity


 






155,028






 







 






139,082






 






 






129,662






 







Total Liabilities and Stockholders' Equity


$






345,453






 







$






289,956






 






$






272,325






 









BUILD-A-BEAR WORKSHOP, INC. AND SUBSIDIARIES








Unaudited Selected Financial and Store Data








(dollars in thousands)








 






 






 






 






 






 






 






 






 






 






 






 








 






 






 






 






13 Weeks






 






13 Weeks






 






 






52 Weeks






 






52 Weeks








 






 






 






 






Ended






 






Ended






 






 






Ended






 






Ended








 






 






 






 






January 31,






 






February 1,






 






 






January 31,






 






February 1,








 






 






 






 






2026






 






2025






 






 






2026






 






2025


















 


Other financial data:






















 



Retail gross margin ($) (1)
$

78,136






 





$

79,437






 






$

272,727






 





$

253,125






 








Retail gross margin (%) (1)


56.0






%







56.9






%








56.1






%







55.0






%








Capital expenditures (2)
$

12,674






 





$

9,746






 






$

25,545






 





$

19,317






 








Depreciation and amortization
$

3,885






 





$

3,790






 






$

14,952






 





$

14,772






 


















 


Store data (3):












Number of corporately-managed retail locations at end of period













North America







333






 







328






 









Europe







42






 







40






 









Total corporately-managed retail locations







375






 







368






 


















 



Number of franchised stores at end of period







109






 







83






 


















 



Number of partner-operated locations at end of period







178






 







138






 


















 



Corporately-managed store square footage at end of period (4)













North America







743,733






 







733,972






 









Europe







58,166






 







56,542






 









Total square footage







801,899






 







790,514






 









(1)






Retail gross margin represents net retail sales less cost of merchandise sold - retail. Retail gross margin percentage represents retail gross margin divided by net retail sales. Store impairment is excluded from retail gross margin.








 



(2)






Capital expenditures represents cash paid for property, equipment, and other assets.








 



(3)






Excludes e-commerce. North American stores are located in the United States and Canada. In Europe, stores are located in the United Kingdom and Ireland. Seasonal locations not included in store count.








 



(4)






Square footage for stores located in North America is leased square footage. Square footage for stores located in Europe is estimated selling square footage. Seasonal locations not included in the store count.








* Non-GAAP Financial Measures



















 











 


BUILD-A-BEAR WORKSHOP, INC. AND SUBSIDIARIES


Reconciliation of GAAP to Non-GAAP figures


(dollars in thousands)











 


Earnings before interest, taxes, depreciation and amortization (EBITDA)














Quarter






 






Quarter






 






Year






 






Year











Ended






 






Ended






 






Ended






 






Ended











January 31,






 






February 1,






 






January 31,






 






February 1,











 






2026






 






 






 






2025






 






 






 






2026






 






 






 






2025






 







Income before income taxes (pre-tax)


$






21,549






 







$






27,486






 







$






67,227






 







$






67,141






 








Interest (income) expense, net


 






(174






)







 






(138






)







 






(801






)







 






(861






)








Depreciation and amortization expense


 






3,885






 







 






3,790






 







 






14,952






 







 






14,772






 







Earnings before interest, taxes, depreciation and amortization (EBITDA)


$






25,260






 







$






31,138






 







$






81,378






 







$






81,052






 










 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260312903527/en/
Investor Relations Contact

Gary Schnierow, Vice President, Investor Relations & Corporate Finance

garys@buildabear.com


Media Relations Contact

pr@buildabear.com


Original: Build-A-Bear Workshop Reports Fourth and Record Fiscal 2025 Results; Increases Quarterly Dividend