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Build-A-Bear Workshop, Inc. Reports Improvement in Third Quarter Fiscal 2019 Results Over Prior Year

December 5, 2019 6:45 AM EST

ST. LOUIS--(BUSINESS WIRE)-- Build-A-Bear Workshop, Inc. (NYSE: BBW) today reported results for the third quarter and 39 weeks ended November 2, 2019. In the fiscal 2019 third quarter:

Total revenues were $70.4 million compared to $68.7 million in the fiscal 2018 third quarter, inclusive of a 2.0% increase in net retail sales and a 17.9% increase in commercial revenue; Retail gross margin expanded to 39.5%, a 400-basis point improvement compared to the fiscal 2018 third quarter; Selling, general and administrative expenses (SG&A) were $35.4 million; as a percent of total revenue, the Company showed an 80-basis point... More