secwatch.observer — SEC 8-K summary
======================================

Issuer:     BUILD-A-BEAR WORKSHOP INC (BBW)
CIK:        0001113809
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0001157523-23-000418
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Build-A-Bear reports record FY2022 pre-tax income of $61.9M; issues FY2023 guidance for 5-7% revenue growth
--------------------------------------------------------------------------------

- FY2022 total revenues $467.9M (+13.7% YoY); pre-tax income $61.9M (+22.1% YoY); net income $48.0M ($3.15 diluted EPS).
- Q4 total revenues $145.1M (+11.6% YoY); pre-tax income $26.2M (+30.3% YoY); adjusted diluted EPS $1.30 vs $0.97.
- Board declared special dividend of $1.50/share payable April 6, 2023 to holders of record March 23, 2023.
- FY2023 guidance: total revenues growth 5-7%, pre-tax income growth 10-15%, capex $15-20M, 20-30 new experience locations.
- E-commerce demand decreased 7.8% for FY2022 but up 137.1% vs pre-pandemic FY2019; store count 488 globally.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113809/000115752323000418/0001157523-23-000418-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113809/000115752323000418/a53358942.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000418

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer