earnings
confidence high
sentiment negative
materiality 0.65
Build-A-Bear Q1 revenue down 2.4% to $125.3M; EPS $1.45 includes $7M tariff refund; lowers FY revenue guidance
BUILD-A-BEAR WORKSHOP INC
- Total revenues $125.3M, down 2.4% YoY; diluted EPS $1.45 vs $1.17, adjusted EPS $1.03 excluding $7M tariff refund.
- Pre-tax income $23.9M (19% margin) included $7M IEEPA tariff refund; adjusted pre-tax $16.9M.
- FY2026 revenue guidance lowered to $530-550M from prior expectations; pre-tax guidance raised to $72-78M including ~$13M refund.
- Adjusted FY2026 pre-tax income guidance $65-71M excluding tariff refund; net new unit growth of at least 50 locations expected.
- Returned $14.2M to shareholders in Q1 via $11.4M share repurchases and $2.9M quarterly dividend.