Build-A-Bear Workshop, Inc. announced its third-quarter fiscal 2024 results for the period ended November 2, 2024, reporting its best-ever third-quarter performance. Total revenues reached $119.43 million, an increase from $107.56 million in the prior year period.
The company reported diluted earnings per share of $0.73, up from $0.53 in the third quarter of fiscal 2023, with net income at $9.87 million compared to $7.59 million previously. Build-A-Bear also continued its global expansion, adding 17 net new global experience locations, bringing the total to 565 worldwide.
Build-A-Bear updated its fiscal 2024 outlook, expecting total revenues between $489 million and $495 million, and pre-tax income in the range of $61 million to $67 million. The company also returned capital to shareholders, utilizing $4.8 million for share repurchases and paying a $2.7 million quarterly cash dividend during the quarter.
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