RTTNews | May 26, 2021 10:10AM EDT

10:10 Wednesday, May 26, 2021 (RTTNews.com) - Shares of Build-A-Bear Workshop Inc. (BBW) reached a 52-week high of $11.33 Wednesday morning, after the company raised its EBITDA guidance for the full-year 2021. It also initiated revenue guidance for the second quarter and full-year 2021.

The stock is currently trading at $11.04, up 94 cents or 9.31% with trading volume of over 626K versus an average volume of 306K shares.

The company increased its fiscal 2021 guidance range for EBITDA to a range of $28 million - $32 million, up from its previous guidance to be higher than fiscal 2019 EBITDA of $15.3 million.

The company also now projects total revenues for the year to exceed fiscal 2019 total revenues of $338.5 million. Build-A-Bear further reported that its sales trend in the fiscal 2021 second quarter remains strong and said it expects to report growth in total revenues over both the fiscal 2020 and 2019 periods.

Analysts polled by Thomson Reuters expect the company to report revenues of $262.83 million for the year and $39.7 million for the second quarter.

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