Build-A-Bear posts surprise loss as Brexit and weak North America weigh [MarketWatch]
Build-A-Bear Workshop, Inc. (BBW)
Last build-a-bear workshop, inc. earnings: 3/11 06:45 am
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Source: MarketWatch
Build-A-Bear posts surprise loss as Brexit and weak North America weigh Build-A-Bear Workshop Inc. BBW, +5.00% said Wednesday it had a net loss of $10.4 million, or 72 cents a share, in its fiscal fourth quarter to Feb. 2, after earnings of $7.7 million, or 49 cents a share, in the year-earlier period. Excluding certain charges, the company had an adjusted loss per share of 5 cents, compared with a FactSet consensus for EPS of 35 cents. Revenue fell to $98.5 million from $115.5 million, missing the $99.9 million FactSet consensus. "We believe there were a number of unusual challenges that converged to negatively impact our financial results last year," Chief Executive Sharon Price John said in a statement. These included weakness in North America, the company's biggest market, which resulted in a low single-digit sales decline and modest profit on an adjusted basis. It also included the impact on consumer sentiment of Brexit on the U.K. market, the company's biggest overseas market
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BBW
Earnings
- 3/14/24 - Beat
BBW
Sec Filings
- 4/19/24 - Form 8-K
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- BBW's page on the SEC website