Build-A-Bear Workshop Inc Stock Price, News & Analysis

Build-A-Bear has expanded its 'After Dark' Valentine's Day Collection with the introduction of The Cuddly Cougar gift sets, exclusively available through their 18+ age-gated microsite 'Bear Cave'. The collection features four unique gift sets targeting the growing 'kidulting' market, where adults embrace nostalgia and playful self-expression.

The sets include: Signature Faux Fur Coat, Sparkly Pink Sequence, 'On the Prowl', and Romantasy Book Club versions. Each plush features customizable voice recording capabilities. The After Dark Collection also includes 11 additional Valentine's Day plush gift sets and accessories, including the popular Lovable Lion with 'Zaddy' t-shirt that gained over two million social media views.

Build-A-Bear Workshop (BBW) has launched its new Heartwarming Hugs weighted plushes collection on National Hug Day, January 21, 2025. The collection features a bear and a sloth, each weighing three pounds and containing a unique removable heart that can be warmed up and placed back inside for enhanced comfort.

These are marketed as the only weighted plushes customers can build themselves, designed to provide a soothing experience by potentially reducing stress and boosting oxytocin levels. The Heartwarming Hugs Bear is available both in stores and online, while the Sloth variant is exclusively sold online.

To promote the launch, BBW is offering free shipping for online purchases of Heartwarming Hugs plushes from January 21-23, 2025.

Build-A-Bear Workshop (NYSE: BBW) reported strong third quarter fiscal 2024 results with revenues of $119.4 million, up 11.0% year-over-year. The company achieved pre-tax income of $13.1 million, a 26.4% increase, and diluted earnings per share of $0.73, up 37.7%.

Key highlights include net retail sales growth of 9.1% to $109.5 million and commercial/international franchise revenue increase of 38.8% to $9.9 million. The company expanded its global presence with 17 new locations in Q3, bringing total global locations to 565. Build-A-Bear updated its fiscal 2024 guidance, projecting total revenue between $489-495 million and increasing its new unit growth target to at least 65 experience locations globally.

Build-A-Bear Workshop (NYSE: BBW) has scheduled its third quarter fiscal 2024 earnings release for December 5, 2024, before NYSE trading opens. The company will host an investor conference call at 9 a.m. ET the same day. The results will cover the period ended November 2, 2024. The conference call will be accessible via phone and webcast, with replay options available until December 12, 2024, through the company's investor relations website.

Build-A-Bear Workshop (NYSE: BBW) has launched a -edition collection in collaboration with KFC, combining plush toys with KFC's iconic branding. The collection, available exclusively at Build-A-Bear workshops and online, features themed items including a KFC Bucket Costume, a KFC Plush Chicken Wristie, and KFC Pajama Outfit. The collaboration aims to celebrate togetherness during the holiday season, merging Build-A-Bear's interactive experience with KFC's comfort food tradition.

Build-A-Bear Workshop (NYSE: BBW) has announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on the company's outstanding common stock. The dividend will be distributed to stockholders of record as of November 27, 2024, with the payment scheduled for January 9, 2025.

Build-A-Bear Workshop (NYSE: BBW) announces the opening of its first Build-A-Bear x Hello Kitty® and Friends Workshop on November 15, 2024, at Westfield Century City in Los Angeles. This collaborative retail experience celebrates Hello Kitty's 50th anniversary and features exclusive products and personalized experiences. The partnership highlights the success of Build-A-Bear's Sanrio® collection, which has generated lifetime sales of over three million Hello Kitty® and Friends themed plush items. The store will offer exclusive Hello Kitty® and Friends merchandise, custom pink birth certificates, and special opening day festivities including a ribbon-cutting ceremony with Hello Kitty. Additionally, Build-A-Bear is launching exclusive holiday designs featuring Hello Kitty® and other Sanrio® characters.

Build-A-Bear Workshop (NYSE: BBW) has appointed Kim Utlaut as Senior Vice President and Chief Brand Officer. Utlaut, who previously served as General Manager for Franchise Leadership at The Coca-Cola Company, brings over 20 years of brand marketing expertise. In her new role, she will lead the company's brand and communications strategy, focusing on strengthening consumer relationships across multiple revenue streams. The appointment comes as Build-A-Bear celebrates three consecutive record-setting years, with recent expansions including a growing global retail footprint and continued digital transformation. Utlaut will report to Chief Operations Officer Chris Hurt and leverage her experience from strategic partnerships with organizations like NCAA and U.S. Soccer.

Build-A-Bear Workshop (NYSE: BBW) has announced a collaboration with Varsity Spirit, the global leader in cheerleading apparel and events. This partnership aims to capitalize on the growing popularity of cheerleading, which currently has over 3 million participants in the United States. The collaboration includes:

1. Exclusive products featuring Varsity Spirit uniform designs
2. Pop-up shops at Varsity Spirit national events
3. Varsity-themed parties at Build-A-Bear Workshops

The initiative is designed to offer fans and cheerleading squads unique experiences that celebrate team spirit and strengthen connections. Build-A-Bear pop-up shops will be present at Varsity Spirit events, which can attract up to 20,000 attendees. The new product line is now available in participating Build-A-Bear Workshops and online.