Build-A-Bear Workshop Reiterates FY2024 Revenue Growth Outlook Of Low-To-Mid-Single-Digits
Portfolio Pulse from Benzinga Newsdesk
Build-A-Bear Workshop reaffirms its fiscal 2024 outlook, expecting low-to-mid-single-digit revenue growth and mid-single-digit pre-tax income growth. The company plans to add at least 50 new experience locations and anticipates capital expenditures of $18-$20 million.
May 30, 2024 | 10:50 am
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Build-A-Bear Workshop reaffirms its fiscal 2024 outlook, expecting low-to-mid-single-digit revenue growth and mid-single-digit pre-tax income growth. The company plans to add at least 50 new experience locations and anticipates capital expenditures of $18-$20 million.
The reaffirmation of revenue and pre-tax income growth, along with plans for expansion and capital expenditures, indicates a positive outlook for Build-A-Bear Workshop. This is likely to boost investor confidence and positively impact the stock price in the short term.
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