Build-A-Bear Workshop shares are trading lower after the company reported mixed Q3 financial results and lowered FY23 guidance.
Portfolio Pulse from Benzinga Newsdesk
Build-A-Bear Workshop's stock is trading lower following the release of mixed Q3 financial results and a reduction in their forecast for FY23.
November 30, 2023 | 1:57 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Build-A-Bear Workshop's shares are down due to mixed Q3 results and lowered guidance for FY23, indicating potential challenges ahead.
The stock price of Build-A-Bear Workshop is likely to face downward pressure in the short term due to the mixed financial results for Q3, which may signal to investors that the company is not performing up to expectations. Additionally, the lowered guidance for FY23 could further erode investor confidence, as it suggests that the company anticipates continued challenges or slower growth in the near future.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100