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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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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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Asian Shares Extend Gains Amid Fed Rate Cut Hopes
Asian stocks rose for a second consecutive session on Tuesday after a Federal Reserve official said the time is nearing for rate cuts.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
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Indonesia GDP Growth Fastest In 2 Years
Indonesia's economic growth accelerated the most in two years in the second quarter driven by household spending and investment, official data showed Tuesday. Gross domestic product expanded 5.12 percent year-on-year in the second quarter, following an annual growth of 4.87 percent seen in the first quarter. The latest expansion was the fastest since the second quarter of 2023.
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China Services Growth Fastest Since May 2024
China's services activity expanded at the fastest pace in more than a year in July on rising inflows of new business, purchasing managers' survey data from S&P Global showed on Tuesday. The headline general services business activity index rose to 52.6 in July from 50.6 in June. The index extended the current period of growth to just over two-and-a-half years. Moreover, the index suggested that t
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European Economic News Preview: Eurozone Final Composite PMI Data Due
Composite Purchasing Managers' survey results from the euro area and other major euro area economies are due on Tuesday. At 2.45 am ET, France's statistical office INSEE publishes industrial output data for June. Production is forecast to grow 0.8 percent on a monthly basis, in contrast to the 0.5 percent fall in May. At 3.00 am ET, Spain's INE publishes industrial output data for June.
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European Shares Set To Open On Firm Note
European stocks are seen opening higher on Tuesday as investors await the next batch of earnings and any new developments on the trade front.
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