Tag: BuildABear

Build-A-Bear Reports 104 Pct Surge In eCommerce

Build-A-Bear Workshop, Inc. reported as part of its financial results that consolidated eCommerce demand surged by 104 percent in the fourth quarter of 2020 compared to the fourth quarter of fiscal 2019, according to a Wednesday (March 10) announcement.

The company registered a 50.1 percent gross profit margin for the fourth quarter of 2020 compared to 50.4 percent in the fourth quarter of fiscal 2019, while it said it had $37.8 million in selling, general and administrative expenses (SG&A) compared to $45.2 million in the fourth quarter of fiscal 2019.

As for its overall

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Build-A-Bear Workshop, Inc. Exceeds Guidance With Pre-tax Income of $9.2 Million in Fiscal 2020 Fourth Quarter

  • Fourth quarter GAAP pre-tax income of $9.2 million, a 20.8% increase compared to the prior year period

  • Fourth quarter total revenue of $93.7 million, a 10.4% decrease compared to the prior year period

  • Fourth quarter e-commerce demand increases 104% compared to the prior year period

  • At year end, consolidated cash balance was $34.8 million, up $8.1 million from fiscal 2019 year-end, with no borrowings on the Company’s credit facility

Build-A-Bear Workshop, Inc. (NYSE: BBW) today reported results for the fourth quarter and fiscal year 2020 ended January 30, 2021. The Company noted that the actions that were taken to respond

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Build-A-Bear Workshop, Inc. to Host Earnings Call

The Fiscal Times

The Tax Hikes Tucked Into Biden’s Covid Relief Plan

Democrats inserted three tax hikes on the wealthy and large corporations into their $1.9 trillion Covid rescue plan. Together, the three increases are projected to raise $60 billion, Politico’s Brian Faler writes: “One takes away deductions for publicly traded companies that pay top employees more than $1 million. Another provision cracks down on how multinational corporations do their taxes. A third targets how owners of unincorporated businesses account for their losses. … “The tax increases Democrats picked to help keep their plan’s cost in check had the political

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Build-A-Bear Workshop, Inc. Announces Fourth Quarter and Fiscal Year 2020 Results Release Date, Webcast and Conference Call

TipRanks

3 Stocks Goldman Sachs Says Are Ready to Rip Higher

Is the bull market about to take a long breather? Not according to Goldman Sachs. In fact, the firm believes the bull market has a long way to run yet; Chief global equity strategist Peter Oppenheimer recently noted that the market was moving from a “’Hope’ phase to a longer ‘Growth’ phase.” The firm’s economists are expecting the economy to sprout higher by 6.8% in 2021 and believe that by the end of the year the unemployment rate could drop to 4.1%. And there’s enough evidence to suggest the

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Build-A-Bear Workshop, Inc. Provides Third Quarter Fiscal 2020 Business Update Reflecting Recent Positive Trends – Press Release

ST. LOUIS–(Business Wire)–Build-A-Bear Workshop, Inc. (NYSE: BBW) today issued an update to its business expectations for its fiscal 2020 third quarter, the 13-weeks ending October 31, 2020, in conjunction with anticipated investor meetings. The Company noted that while the COVID-19 pandemic continues to impact its operations inclusive of select temporary store closures and reduced operating hours, it currently expects to achieve total revenue growth and expand its gross profit margin as compared to the fiscal 2019 third quarter. The Company attributes this improvement to actions taken to accelerate its digital transformation strategic initiative including enhancing omnichannel capabilities, improving fulfillment efficiencies

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