- Build-A-Bear Workshop Inc BBW reported second-quarter FY21 revenue growth of 134.7% year-on-year to $94.73 million, beating the analyst estimate of $81 million. Revenues increased 19.6% from Q2 FY19.
- Retail sales rose 132.1% Y/Y, and e-commerce demand declined 27.8%.
- Gross profit increased 568.4% Y/Y to $50.4 million. The gross margin of 53.2% expanded by 3,450 basis points from Q2 FY20 and 910 basis points from Q2 FY19.
- The company held $51.1 million in cash and equivalents as of July 31, 2021.
- Adjusted EBITDA for the quarter was $12.5 million against $(9.04) million last year.
- Adjusted EPS of $0.43 beat the analyst estimate of $(0.20).
- Outlook: Build-A-Bear sees FY21 sales of $375 million - $385 million (prior over $338.5 million) versus the analyst estimate of $347.57 million.
- The company has raised its EBITDA outlook to $45 million - $50 million (prior $28 million - $32 million).
- Price Action: BBW shares are trading higher by 8.55% at $18.29 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in