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Build-A-Bear Workshop Trims FY23 Revenue Growth Outlook - Update
(RTTNews) - While reporting financial results for the third quarter on Thursday, brick-and-mortar retailer Build-A-Bear Workshop, Inc. (BBW) trims revenue growth guidance for the full-year 2023.
For fiscal 2023, the company now projects total revenue growth of 3 to 5 percent, down from the prior growth range of 5 to 7 percent. It also now expects pre-tax income growth of 5 to 10 percent, , as compared to the previous range of 10 to 15 percent growth.
On average, three analysts polled by Thomson Reuters expect the company to report revenue growth of 6 percent to $496.20 million for the year.
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Build-A-Bear Workshop Guides FY24 Revenue Growth In Line - Update
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.
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510 days ago
Build-A-Bear Workshop Reaffirms FY22 Revenue, EBITDA Outlook - Update
While reporting financial results for the second quarter on Thursday, brick-and-mortar retailer Build-A-Bear Workshop, Inc. (BBW) reaffirmed its revenue and EBITDA guidance for the full-year 2022.
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1070 days ago
Swiss Market Ends Notably Lower
Save for a few minutes about an hour after the opening bell, the Switzerland market stayed weak on Wednesday with several stocks reeling under selling pressure.
Investors were cautious amid concerns about the impact of U.S. tariffs, and Donald Trump's fresh threat that his government might consider imposing tariffs on chips and pharmaceuticals.
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2h 47min ago
European Stocks Close Mostly Higher On Earnings, Fed Rate Cut Hopes
European stocks closed mostly higher on Wednesday, thanks largely to some strong corporate earnings updates, and expectations of an interest rate reduction by the Federal Reserve in September.
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3h 17min ago
Canadian Stocks Surge Higher Again; TSX Scales New Record High
Canadian stocks are up firmly in positive territory on Wednesday, and the benchmark S&P/TSX Composite Index stays high up after hitting a fresh record. Rising optimism about a rate cut by the Federal Reserve in September, firm oil prices and some upbeat corporate earnings announcements are contributing to the positive mood in the market.
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4h 7min ago
India Holds Key Interest Rates Steady As Trade Tensions Escalate
The Reserve Bank of India left its key interest rates unchanged on Wednesday after an aggressive cut in June as the economy faces another threat from the US due to its Russian oil imports. The RBI Monetary Policy Committee, led by Governor Sanjay Malhotra, unanimously decided to hold the policy repo rate at 5.50 percent. The bank had reduced the rate by 50 basis points in June.
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6h 39min ago
Bay Street Looks Set To Extend Upmove
Canadian shares look headed for a positive start on Wednesday, riding on some impressive corporate earnings updates, and higher oil prices. The focus will also be on the developments on the trade front.
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8h 7min ago
Eurozone Retail Sales Recover In June
Euro area retail sales rebounded in June suggesting that household spending likely supported economic growth in the second quarter, official data revealed on Wednesday. Retail sales grew 0.3 percent on a monthly basis in June, offsetting May's 0.3 percent decline, Eurostat said. However, this was marginally weaker than economists' forecast for a 0.4 percent increase.
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8h 17min ago
