Build-A-Bear Workshop (NYSE:BBW) Releases Earnings Results, Misses Expectations By $0.03 EPS

Build-A-Bear Workshop (NYSE:BBW – Get Rating) released its earnings results on Thursday. The specialty retailer reported $0.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.03), RTT News reports. The company had revenue of $120.05 million during the quarter, compared to analyst estimates of $124.24 million. Build-A-Bear Workshop had a net margin of 10.26% and a return on equity of 45.63%. During the same period in the prior year, the firm posted $0.89 EPS.

Build-A-Bear Workshop Price Performance

NYSE BBW traded down $0.56 on Friday, hitting $19.89. 27,070 shares of the stock were exchanged, compared to its average volume of 303,998. The business’s fifty day moving average is $22.97 and its 200 day moving average is $22.74. Build-A-Bear Workshop has a 52 week low of $12.47 and a 52 week high of $26.87. The company has a market capitalization of $297.16 million, a PE ratio of 6.57 and a beta of 1.93.

Build-A-Bear Workshop Increases Dividend

The company also recently declared a special dividend, which was paid on Thursday, April 6th. Shareholders of record on Thursday, March 23rd were given a dividend of $1.50 per share. This is a positive change from Build-A-Bear Workshop’s previous special dividend of $1.25.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Build-A-Bear Workshop in a research report on Thursday, May 18th. They issued a “buy” rating on the stock.

Insiders Place Their Bets

In other news, Director Maxine Clark sold 3,857 shares of the firm’s stock in a transaction that occurred on Thursday, March 9th. The stock was sold at an average price of $26.01, for a total value of $100,320.57. Following the completion of the sale, the director now directly owns 7,790 shares of the company’s stock, valued at $202,617.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Build-A-Bear Workshop news, Director Maxine Clark sold 3,857 shares of the stock in a transaction dated Thursday, March 9th. The shares were sold at an average price of $26.01, for a total value of $100,320.57. Following the transaction, the director now directly owns 7,790 shares of the company’s stock, valued at approximately $202,617.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider J. Christopher Hurt sold 22,930 shares of the business’s stock in a transaction that occurred on Monday, March 20th. The stock was sold at an average price of $23.84, for a total value of $546,651.20. Following the sale, the insider now owns 77,709 shares of the company’s stock, valued at approximately $1,852,582.56. The disclosure for this sale can be found here. Insiders own 11.90% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Cannell Capital LLC raised its position in shares of Build-A-Bear Workshop by 29.9% in the first quarter. Cannell Capital LLC now owns 1,670,230 shares of the specialty retailer’s stock valued at $30,532,000 after buying an additional 384,649 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Build-A-Bear Workshop by 1.8% in the third quarter. Dimensional Fund Advisors LP now owns 994,032 shares of the specialty retailer’s stock valued at $13,250,000 after buying an additional 17,173 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Build-A-Bear Workshop by 3.5% in the third quarter. Vanguard Group Inc. now owns 727,478 shares of the specialty retailer’s stock valued at $9,698,000 after buying an additional 24,274 shares in the last quarter. Chimera Capital Management LLC acquired a new stake in shares of Build-A-Bear Workshop in the fourth quarter valued at approximately $11,803,000. Finally, Divisadero Street Capital Management LP bought a new stake in Build-A-Bear Workshop during the fourth quarter worth about $11,036,000.

Build-A-Bear Workshop Company Profile

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Build-A-Bear Workshop, Inc operates as a multi-channel retailer, which offers interactive retail-entertainment experiences. It operates through following segments: Direct-To-Consumer, Commercial, and International Franchising. The Direct-To-Consumer segment offers company-owned retail stores located in the United States, Canada, Puerto Rico, the United Kingdom, Ireland, Denmark, China, and e-commerce sites.