Build-A-Bear Workshop, Inc. announced record-breaking results for the fourth quarter and full fiscal year 2024, ended February 1, 2025. The company achieved its fourth consecutive year of record revenues, with consolidated total revenues reaching $496.40 million for fiscal 2024, an increase of 2.1% from fiscal 2023.
For the full fiscal year, diluted earnings per share were $3.80, up from $3.65 in fiscal 2023, while net income was $51.79 million. In the fourth quarter, total revenues were $150.45 million, and diluted EPS was $1.62. The company also expanded its global footprint by 64 net new retail units in fiscal 2024, primarily through asset-light partner-operated locations, increasing its international presence to over 25 countries.
Build-A-Bear returned $42.0 million to shareholders in fiscal 2024 through share repurchases and quarterly dividends, including repurchasing over 1,000,000 shares. The Board of Directors also declared a 10% increase in the quarterly dividend to $0.22 per share. For fiscal 2025, the company expects mid-single-digit revenue growth and pre-tax income between $61 million and $67 million, anticipating at least 50 net new global locations, while acknowledging cost pressures from tariffs, labor, and freight.
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