Build-A-Bear Workshop Guides FY24 Revenue Growth In Line - Update

RTTNews | 440 days ago
Build-A-Bear Workshop Guides FY24 Revenue Growth In Line - Update

(RTTNews) - While reporting financial results for the fourth quarter on Thursday, brick-and-mortar retailer Build-A-Bear Workshop, Inc. (BBW) initiated its revenue growth guidance for the full-year 2024.

For fiscal 2024, the company expects revenue growth on a low-to-mid-single-digit percentage basis and adjusted total revenue growth on a mid-single-digit percentage basis.

On average, three analysts polled by Thomson Reuters expect the company to report revenue growth of 3.2 percent to $502.97 million for the year.

The company also expects pre-tax income growth on a low-single-digit percentage basis and adjusted pre-tax income growth on a mid-single-digit percentage basis.

"Looking ahead, we remain focused on our strategic initiatives to leverage the power of the Build-A-Bear brand, including a recent reorganization designed to further elevate our digital and marketing efforts, plus the expected acceleration of net new unit growth to at least 50 locations globally," said Sharon Price John, President and CEO.

On Wednesday, the Company's Board of Directors declared an initial quarterly cash dividend of $0.20 per share that will be paid on April 11, 2024, to all stockholders of record as of March 28, 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Japan Stock Market May Extend Wednesday's Losses

Japan Stock Market May Extend Wednesday's Losses

The Japan stock market on Wednesday snapped the three-day winning streak in which it had collected almost 750 points or 2 percent. The Nikkei 225 now sits just above the 27,720-point plateau and it may take further damage on Thursday.
RTTNews | 15 minutes ago
KOSPI Likely To Remain Rangebound

KOSPI Likely To Remain Rangebound

The South Korea stock market has moved higher in two of three trading days since the end of the two-day slide in which it had given up almost 35 points or 1.4 percent. The KOSPI now rests just above the 2,670-point plateau and it may hand back some of those gains on Thursday.
RTTNews | 30 minutes ago
Korea Rate Decision Due On Thursday

Korea Rate Decision Due On Thursday

The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is widely expected to keep its benchmark lending rate unchanged at 2.75 percent.
RTTNews | 1h 30min ago
Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

Swiss stocks turned in a weak performance on Wednesday, losing ground gradually after opening marginally down, as uncertainty about U.S. government's trade policies rendered the mood cautious.
RTTNews | 6h 12min ago
European Stocks Fail To Hold Early Gains, Close Broadly Lower

European Stocks Fail To Hold Early Gains, Close Broadly Lower

Despite opening on a positive note, European stocks closed broadly lower on Wednesday as investors largely made cautious moves, awaiting more clarity on U.S. President Donald Trump's tariff moves and other policy decisions.
RTTNews | 6h 41min ago