BBW Stock Price – Build-A-Bear Workshop Inc. Stock Quote (U.S.: NYSE)


Build-A-Bear Workshop stock falls after sales miss

Shares of Build-A-Bear Workshop Inc. (BBW) are down 14% in mid-day trading Tuesday after the company said preliminary sales didn’t meet its expectations. The company said preliminary revenue in its 4Q — which also fell short of analysts’ views — was $105 million, compared with $110.3 million in the same quarter in 2016. Comparable sales decreased 7.9%, including a 6.4% decrease in North America and a 13% fall in Europe. Still, comparable online sales increased 12%. The company said it has been helped by its new web platform and continues to transition its real-estate portfolio to align with consumer shopping patterns. The company also said it is accelerating the development of new relationships to increase revenue diversification, such as a recently announced Chinese franchise partnership. (Austen.Hufford@wsj.com; @austenhufford)




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