Build-A-Bear Workshop (BBW) Misses Q3 EPS by 11c

Build-A-Bear Workshop (NYSE: BBW) reported Q3 EPS of $0.10, $0.11 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $85.6 million versus the consensus estimate of $89.16 million.

Third quarter consolidated comparable store sales increase 2.1%.

Sharon Price John, Build-A-Bear Workshop’s Chief Executive Officer commented: “In the quarter, we had comparable store sales increases across geographies marking our fifth consecutive quarter of consolidated comparable store sales growth. For the first nine months of 2015, we have delivered $8.0 million in pre-tax profit, the highest level since 2007. This puts us in a solid position as we enter the fourth quarter, which is typically our largest and most profitable period of the year.

“We believe we have a balanced product portfolio planned for the fourth quarter designed to reach all of our key consumer segments. Additionally, we remain focused on executing our long range strategies, which we believe will deliver sustained profitable growth and increased value for our shareholders,” concluded Ms. John.

For earnings history and earnings-related data on Build-A-Bear Workshop (BBW) click here.

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