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Build-A-Bear Workshop, Inc. Reports Fiscal 2020 First Quarter Results and Actions Taken in Response to COVID-19

Build-A-Bear Workshop, Inc. (BBW) 
Last build-a-bear workshop, inc. earnings: 3/11 06:45 am Check Earnings Report
Company Research Source: Business Wire
Ended the first quarter with a $1.6 million increase in cash to $21.9 million and a 4.9% decline in inventory as compared to the end of the fiscal 2019 first quarter and no borrowings on its revolving credit facility ST. LOUIS--(BUSINESS WIRE)--Build-A-Bear Workshop, Inc. (NYSE: BBW) today reported preliminary results for its first quarter, the 13-week period ended May 2, 2020.Sharon Price John, Build-A-Bear Workshop President and Chief Executive Officer, commented, “We ended fiscal 2019 with growth in total revenues and improved profitability, a stronger cash position and no borrowings on our revolving facility. At the time of our last earnings call, we were building on the momentum from last year's fourth quarter reporting positive year-to-date sales in fiscal 2020. However, starting March 18, given the growing concerns about the spread of COVID-19 and the ensuing governmental and CDC guidelines in response to the pandemic, we temporarily discontinued operations of our corporatel Show less Read more
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