Build-A-Bear Workshop (BBW) surges following earnings, revenue beat
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Build-A-Bear Workshop, Inc. Reports Double-Digit Increase in Both Total Revenues and Pre-Tax Income for Fiscal 2022 and Introduces Expectations for Continued Growth in Fiscal 2023
March 9, 2023 6:45 AM ESTFiscal year total revenues increase 13.7% to $467.9 million as compared to fiscal 2021 Fiscal year pre-tax income increases 22.1% to $61.9 million as compared to fiscal 2021 At year end, consolidated cash balance was $42.2 million with no borrowings on the Companys credit facility Company introduces fiscal 2023 guidance with expectations for growth in total revenues and pre-tax income compared to fiscal 2022 Second special dividend declared by Board of Directors as Company continues to return value to shareholders in the form of stock repurchases and dividends totaling over $70 million during the past 24... More
