earnings
confidence high
sentiment positive
materiality 0.70
Build-A-Bear Q2 revenues $111.8M (+2.4%), EPS $0.64 (+12.3%), reaffirms FY guidance
BUILD-A-BEAR WORKSHOP INC
2024-Q2 EPS reported
$1.46
revenue$226,528,000
- Q2 total revenues $111.8M (+2.4% YoY); pre-tax income $11.5M (+10.2%); diluted EPS $0.64 (+12.3%).
- Consolidated e-commerce demand fell 28.2% in Q2, but commercial/franchise revenue surged 44.8%.
- Reaffirms FY2024 guidance: low-to-mid single-digit revenue growth, low single-digit pre-tax income growth; at least 50 net new experience locations.
- Returned $23.9M to shareholders in H1 via buybacks and dividends; repurchased >5% of shares YTD.
- Store count at 548 globally: 361 corporate, 107 partner, 80 franchise.