Build-A-Bear Workshop (NYSE:BBW) Releases Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Build-A-Bear Workshop (NYSE:BBW – Get Rating) posted its quarterly earnings results on Thursday. The specialty retailer reported $0.98 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.03), RTT News reports. Build-A-Bear Workshop had a return on equity of 45.63% and a net margin of 10.26%. The company had revenue of $120.05 million for the quarter, compared to analysts’ expectations of $124.24 million. During the same quarter in the prior year, the firm earned $0.89 EPS.

Build-A-Bear Workshop Stock Performance

Shares of Build-A-Bear Workshop stock opened at $20.82 on Friday. Build-A-Bear Workshop has a one year low of $12.47 and a one year high of $26.87. The company has a market cap of $311.05 million, a PE ratio of 6.45 and a beta of 1.93. The business has a 50-day simple moving average of $22.97 and a 200-day simple moving average of $22.74.

Build-A-Bear Workshop Increases Dividend

The business also recently disclosed a special dividend, which was paid on Thursday, April 6th. Stockholders of record on Thursday, March 23rd were given a dividend of $1.50 per share. This is an increase from Build-A-Bear Workshop’s previous special dividend of $1.25.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Build-A-Bear Workshop in a report on Thursday, May 18th. They issued a “buy” rating on the stock.

Insider Transactions at Build-A-Bear Workshop

In related news, Director Maxine Clark sold 3,857 shares of the company’s stock in a transaction that occurred on Thursday, March 9th. The stock was sold at an average price of $26.01, for a total value of $100,320.57. Following the completion of the transaction, the director now directly owns 7,790 shares of the company’s stock, valued at $202,617.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Maxine Clark sold 3,857 shares of the company’s stock in a transaction that occurred on Thursday, March 9th. The stock was sold at an average price of $26.01, for a total value of $100,320.57. Following the completion of the transaction, the director now directly owns 7,790 shares of the company’s stock, valued at $202,617.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider J. Christopher Hurt sold 22,930 shares of the company’s stock in a transaction that occurred on Monday, March 20th. The shares were sold at an average price of $23.84, for a total value of $546,651.20. Following the completion of the transaction, the insider now directly owns 77,709 shares of the company’s stock, valued at $1,852,582.56. The disclosure for this sale can be found here. Corporate insiders own 11.90% of the company’s stock.

Institutional Investors Weigh In On Build-A-Bear Workshop

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Captrust Financial Advisors purchased a new stake in shares of Build-A-Bear Workshop during the first quarter worth approximately $37,000. Quantbot Technologies LP purchased a new stake in shares of Build-A-Bear Workshop during the first quarter worth approximately $39,000. Quarry LP purchased a new stake in shares of Build-A-Bear Workshop during the first quarter worth approximately $51,000. UBS Group AG raised its stake in shares of Build-A-Bear Workshop by 313.1% during the first quarter. UBS Group AG now owns 2,545 shares of the specialty retailer’s stock worth $46,000 after purchasing an additional 1,929 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its stake in shares of Build-A-Bear Workshop by 309,300.0% during the second quarter. BNP Paribas Arbitrage SA now owns 3,094 shares of the specialty retailer’s stock worth $51,000 after purchasing an additional 3,093 shares during the last quarter.

Build-A-Bear Workshop Company Profile

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Build-A-Bear Workshop, Inc operates as a multi-channel retailer, which offers interactive retail-entertainment experiences. It operates through following segments: Direct-To-Consumer, Commercial, and International Franchising. The Direct-To-Consumer segment offers company-owned retail stores located in the United States, Canada, Puerto Rico, the United Kingdom, Ireland, Denmark, China, and e-commerce sites.