BUZZ-Build-A-Bear Workshop jumps on upbeat annual sales forecast

Reuters
13 Mar
BUZZ-<a href="https://laohu8.com/S/BBW">Build-A-Bear Workshop</a> jumps on upbeat annual sales forecast

** Build-A-Bear Workshop shares BBW.N up 7% at $38 premarket

** Stuffed animals retailer forecasts fiscal 2025 total revenue growth in mid-single-digit range, largely above analysts' estimates of 2.6% rise, according to LSEG data

** Says outlook assumes increased costs, including from current level of tariffs, as well as labor and freight expenses

** Posts surprise increase in Q4 revenue of 0.8% to $150.4 mln vs estimates of 1.2% decline to $147.53 mln

** Company says balance sheet was impacted by higher inventory brought in to mitigate potential tariff impact

** So far, stock down ~23% this year

(Reporting by Savyata Mishra in Bengaluru)

((Savyata.Mishra@thomsonreuters.com))

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