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Shares of specialty retailer Build-A-Bear Workshop, Inc. (BBW) are climbing more than 11% Thursday morning after reporting improved second quarter results.


RTTNews | Aug 26, 2021 10:54AM EDT

10:53 Thursday, August 26, 2021 (RTTNews.com) - Shares of specialty retailer Build-A-Bear Workshop, Inc. (BBW) are climbing more than 11% Thursday morning after reporting improved second quarter results.

Net income was $6.8 million, or $0.42 per share in the second quarter compared with net loss of $13.9 million, or $0.93 per share, in the same quarter a year ago.

Excluding items, earnings were $6.9 million or $0.43 per share

Revenue for the quarter increased 134.7% year-over-year to $94.7 million, helped by more than 100% jump in retail sales.

Looking forward, the company has raised its full-year revenue outlook to the range of $375 million - $385 million from more than $338.5 million provided earlier.

"Our positive trend continued in the second quarter as we once again delivered record-breaking profit as well as strong growth in total revenues over both the fiscal 2020 and 2019 second quarters," said Sharon Price John, Build-A-Bear Workshop President and Chief Executive Officer.

BBW, is at $18.76 currently. It has traded in the range of $2.23- $21 in the las one year.

Read the original article on RTTNews ( https://www.rttnews.com/3221377/build-a-bear-workshop-adds-11-on-reporting-improved-quarterly-results.aspx)

For comments and feedback: contact editorial@rttnews.com

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