14.03.2024 15:12:45 - dpa-AFX: Build-A-Bear Workshop Shares Rally On Upbeat Q4 Results

WASHINGTON (dpa-AFX) - Shares of Build-A-Bear Workshop, Inc. (BBW), a
retailer of plush animals and related products, are surging more than 15 percent
Thursday morning after the company's fourth-quarter results surpassed the Street
view.

Profit for the fourth quarter increased to $22.27 million, or $1.57 per share
from $20.51 million, or $1.39 per share, in last year's fourth quarter.

Excluding items, earnings were $19.01 million or $1.34 per share, that beat the
average estimate of analysts polled by Thomson-Reuters of $1.32 per share.

Revenue for the quarter rose 2.9 percent to $149.28 million from $145.11 million
last year. The consensus estimate was for $150.45 million.

For fiscal 2024, the company expects adjusted revenue growth on a
mid-single-digit percentage basis. On average, three analysts expect the company
to report revenue growth of 3.2 percent to $502.97 million for the year.

On Wednesday, the company's Board declared a quarterly dividend of $0.20 per
share that will be paid on April 11, to stockholders of record as of March 28.

BBW, currently at $28.98, has traded in the range of $17.85 - $30.49 in the last
52 weeks.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
BUILD-A-BEAR WORK. DL-,01 A0DK8F Frankfurt 23,400 01.07.24 08:09:40 -0,200 -0,85% 0,000 0,000 23,400 23,600

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