Build-A-Bear Workshop (NYSE:BBW) Announces Earnings Results

Build-A-Bear Workshop (NYSE:BBW) issued its earnings results on Thursday. The specialty retailer reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.07, RTT News reports. The company had revenue of $111.80 million during the quarter, compared to the consensus estimate of $107.90 million. Build-A-Bear Workshop had a return on equity of 38.87% and a net margin of 10.33%. During the same period in the previous year, the firm posted $0.57 earnings per share.

Build-A-Bear Workshop Stock Performance

NYSE:BBW opened at $33.38 on Friday. The stock has a market cap of $460.81 million, a price-to-earnings ratio of 9.56 and a beta of 1.63. Build-A-Bear Workshop has a 1 year low of $21.24 and a 1 year high of $34.80. The business has a fifty day moving average of $26.34 and a 200-day moving average of $27.01.

Build-A-Bear Workshop Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 11th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.40%. The ex-dividend date was Thursday, June 27th. Build-A-Bear Workshop’s payout ratio is currently 22.92%.

Insider Activity at Build-A-Bear Workshop

In related news, Director George Carrara sold 2,600 shares of the stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $26.34, for a total value of $68,484.00. Following the completion of the transaction, the director now owns 17,473 shares in the company, valued at approximately $460,238.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Sharon Price John sold 41,034 shares of the business’s stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of $25.99, for a total value of $1,066,473.66. Following the sale, the chief executive officer now owns 515,004 shares of the company’s stock, valued at approximately $13,384,953.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director George Carrara sold 2,600 shares of the company’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $26.34, for a total value of $68,484.00. Following the completion of the sale, the director now owns 17,473 shares of the company’s stock, valued at approximately $460,238.82. The disclosure for this sale can be found here. Company insiders own 7.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Northland Securities boosted their price objective on Build-A-Bear Workshop from $36.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday. StockNews.com lowered shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a research report on Friday, June 14th.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.