Build-A-Bear Workshop, Inc. Reports Second Quarter Fiscal 2020 Results Including the Impact of Covid-19 and Resulting Actions
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Build-A-Bear Workshop (BBW) Misses Q2 EPS by 2c, Revenues Beat
September 1, 2020 6:47 AM EDTBuild-A-Bear Workshop (NYSE: BBW) reported Q2 EPS of ($0.82), $0.02 worse than the analyst estimate of ($0.80). Revenue for the quarter came in at $40.4 million versus the consensus estimate of $31.79 million.
Second Quarter Fiscal 2020 Results: (13 weeks ended August 1, 2020 compared to the 13 weeks ended August 3, 2019):
Total Revenues were $40.4 million compared to $79.2 million in the fiscal 2019 second quarter, reflecting 60% fewer operating days, driven by the significant impact of temporary store closures due to the COVID pandemic partially offset by a 299% increase in e-commerce sales;Loss per share totaled $0.93, including $2.1 million in estimated non-cash... More