Build-A-Bear Workshop (NYSE:BBW) Releases Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) issued its quarterly earnings results on Thursday. The specialty retailer reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.52 by $0.07, Zacks reports. The firm had revenue of $150.45 million for the quarter, compared to analyst estimates of $147.53 million. Build-A-Bear Workshop had a net margin of 10.58% and a return on equity of 38.35%.

Build-A-Bear Workshop Price Performance

BBW traded up $1.07 during trading on Friday, hitting $36.42. 415,189 shares of the stock traded hands, compared to its average volume of 245,932. The firm has a market capitalization of $489.48 million, a P/E ratio of 9.69 and a beta of 1.50. The firm has a 50-day moving average of $40.29 and a 200 day moving average of $38.19. Build-A-Bear Workshop has a 12-month low of $23.63 and a 12-month high of $48.23.

Build-A-Bear Workshop Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 27th will be paid a $0.22 dividend. This is a boost from Build-A-Bear Workshop's previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.42%. Build-A-Bear Workshop's dividend payout ratio is 21.28%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. DA Davidson reaffirmed a "buy" rating and issued a $50.00 price objective on shares of Build-A-Bear Workshop in a research note on Friday. StockNews.com raised shares of Build-A-Bear Workshop from a "hold" rating to a "buy" rating in a research note on Thursday. Finally, Northland Securities upped their price objective on shares of Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an "outperform" rating in a research note on Friday, December 6th.

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Insider Buying and Selling at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CEO Sharon Price John sold 53,962 shares of the stock in a transaction on Friday, January 10th. The shares were sold at an average price of $42.02, for a total transaction of $2,267,483.24. Following the completion of the sale, the chief executive officer now owns 293,858 shares of the company's stock, valued at $12,347,913.16. This represents a 15.51 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider J. Christopher Hurt sold 12,635 shares of the firm's stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $39.53, for a total transaction of $499,461.55. Following the completion of the sale, the insider now directly owns 49,386 shares of the company's stock, valued at approximately $1,952,228.58. This represents a 20.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 161,666 shares of company stock valued at $7,010,081 in the last quarter. Company insiders own 7.90% of the company's stock.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.