Build-A-Bear Workshop (NYSE:BBW) Releases Earnings Results, Beats Estimates By $0.07 EPS

Build-A-Bear Workshop (NYSE:BBW) released its quarterly earnings data on Thursday. The specialty retailer reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.07, RTT News reports. The company had revenue of $111.80 million for the quarter, compared to the consensus estimate of $107.90 million. Build-A-Bear Workshop had a return on equity of 38.87% and a net margin of 10.33%. During the same quarter last year, the business posted $0.57 EPS.

Build-A-Bear Workshop Stock Performance

Shares of BBW stock traded up $1.12 on Friday, hitting $33.38. The company had a trading volume of 613,421 shares, compared to its average volume of 218,982. Build-A-Bear Workshop has a twelve month low of $21.24 and a twelve month high of $34.80. The firm has a market cap of $460.81 million, a P/E ratio of 9.56 and a beta of 1.63. The stock’s 50-day moving average is $26.34 and its two-hundred day moving average is $27.01.

Build-A-Bear Workshop Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 11th. Shareholders of record on Thursday, June 27th were given a $0.20 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.40%. Build-A-Bear Workshop’s dividend payout ratio (DPR) is presently 22.92%.

Insider Buying and Selling

In other Build-A-Bear Workshop news, Director George Carrara sold 2,600 shares of the stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $26.34, for a total transaction of $68,484.00. Following the completion of the sale, the director now owns 17,473 shares of the company’s stock, valued at approximately $460,238.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Sharon Price John sold 41,034 shares of the firm’s stock in a transaction that occurred on Tuesday, July 16th. The stock was sold at an average price of $25.99, for a total transaction of $1,066,473.66. Following the completion of the sale, the chief executive officer now owns 515,004 shares of the company’s stock, valued at $13,384,953.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director George Carrara sold 2,600 shares of Build-A-Bear Workshop stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $26.34, for a total value of $68,484.00. Following the completion of the sale, the director now owns 17,473 shares of the company’s stock, valued at $460,238.82. The disclosure for this sale can be found here. 7.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on BBW. Northland Securities increased their target price on Build-A-Bear Workshop from $36.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday. StockNews.com lowered shares of Build-A-Bear Workshop from a “buy” rating to a “hold” rating in a report on Friday, June 14th.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.