Build-A-Bear Workshop Q4 EPS $1.57 Beats $1.32 Estimate, Sales $149.28M Miss $150.45M Estimate
Portfolio Pulse from Benzinga Newsdesk
Build-A-Bear Workshop (NYSE:BBW) reported Q4 earnings of $1.57 per share, surpassing the $1.32 estimate, marking an 18.94% beat and a 20.77% increase from last year. However, their Q4 sales of $149.28M fell short of the $150.45M estimate by 0.78%, though it's a 2.87% increase from the previous year.
March 14, 2024 | 10:46 am
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Build-A-Bear Workshop reported higher-than-expected Q4 earnings but slightly missed sales estimates. Earnings per share were $1.57, beating the $1.32 estimate, with a 20.77% increase from last year. Sales were $149.28M, missing the $150.45M estimate by 0.78%, yet showing a 2.87% increase YOY.
The positive earnings beat and year-over-year growth in both earnings and sales suggest a strong financial performance, likely leading to a positive short-term impact on BBW's stock price. The slight miss on sales estimates may temper the positive impact but is unlikely to significantly detract from the overall positive earnings report.
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