Build-A-Bear Workshop BBW

Specialty Retail, Consumer Cyclical

$23.79

−2.46%

Market cap: $293.1M
PE: 5.9×; 10y median 9.6×
Forward PE: n/m; not a meaningful number
Price to sales: 0.6×
EV/EBIT: 6.0×
Revenue, 12 months: $517.8M; −1% on a year ago
Net margin: 10.0%
Free cash flow yield: 8.4%

Build-A-Bear Workshop trades at 5.9× trailing earnings, cheaper than 94% of the last ten years. Revenue was $517.8M over the last twelve months, down 1% on a year earlier with a 10% net margin.

Charts

Financials

Income statement for BBW, by quarter
Income statement	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27	Q2 FY27
	$107.6M+3%	$149.3M+3%	$114.7M−4%	$111.8M+2%	$119.4M+11%	$150.4M+1%	$128.4M+12%	$124.2M+11%	$122.7M+3%	$154.5M+3%	$125.3M−2%	$115.3M−7%
Cost of revenue	$50.9M+2%	$65.1M−0%	$52.6M−5%	$51.2M+1%	$54.8M+8%	$65.3M+0%	$55.4M+5%	$52.7M+3%	$56.9M+4%	$69.2M+6%	$45.4M−18%	$52.8M+0%
Gross profit	$56.6M+4%	$84.2M+6%	$62.2M−4%	$60.6M+3%	$64.6M+14%	$85.1M+1%	$73M+17%	$71.5M+18%	$65.8M+2%	$85.3M+0%	$79.9M+9%	$62.5M−13%
SG&A	$46.6M+5%	$58.5M+9%	$47.6M+4%	$49.2M+2%	$51.7M+11%	$57.8M−1%	$53.6M+13%	$56.4M+15%	$55.3M+7%	$63.9M+11%	$56.1M+5%	$51.4M−9%
	$10.1M+2%	$25.7M−2%	$14.6M−24%	$11.4M+10%	$13M+29%	$27.3M+6%	$19.4M+33%	$15.1M+33%	$10.5M−19%	$21.4M−22%	$23.7M+22%	$11.1M−27%
Interest expense	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pre-tax income	$10.3M+5%	$26.1M−0%	$15M−22%	$11.5M+10%	$13.1M+26%	$27.5M+5%	$19.6M+31%	$15.3M+33%	$10.7M−18%	$21.5M−22%	$23.9M+22%	$11.6M−24%
	$2.8M+14%	$3.9M−32%	$3.6M−25%	$2.8M+29%	$3.2M+16%	$5.8M+50%	$4.3M+21%	$3M+7%	$2.6M−19%	$5.2M−11%	$5.6M+29%	$2.9M−3%
Net income	$7.6M+2%	$22.3M+9%	$11.5M−22%	$8.8M+5%	$9.9M+30%	$21.7M−3%	$15.3M+34%	$12.4M+41%	$8.1M−18%	$16.4M−24%	$18.3M+20%	$8.8M−29%
	$0.53+4%	$1.57+13%	$0.82−16%	$0.64+12%	$0.73+38%	$1.62+3%	$1.17+43%	$0.94+47%	$0.62−15%	$1.26−22%	$1.45+24%	$0.70−26%
	14.4M−2%	14.2M−4%	14M−7%	13.7M−6%	13.5M−7%	13.3M−6%	13.1M−6%	13.1M−4%	13.1M−3%	13M−3%	12.6M−4%	12.4M−5%

Revenue: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

Cost of revenue: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

Gross profit: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them. 19 periods, Q2 FY10 to Q4 FY14: not printed by the filing, worked out from its own lines.

SG&A: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

Operating income: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them. 56 periods, Q2 FY10 to Q2 FY27: not printed by the filing, worked out from its own lines.

Interest expense: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

Pre-tax income: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

Income tax: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

Net income: Q1 FY10 and Q1 FY11: 6 months less the 3 months printed beside them.

EPS, diluted: 18 periods, Q1 FY10 to Q4 FY26: quarter's net income to common over its shares, to the cent.

Diluted shares: Q1 FY10 and Q1 FY11: share-days: the 6-month average less the second quarter's. Q4 FY10 and Q4 FY20: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution. 3 periods, Q4 FY11 to Q4 FY19: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 11 periods, Q4 FY13 to Q4 FY26: share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Specialty Retail nearest Build-A-Bear Workshop's size, closest first.

Company	Market cap	PE	Its 10y median PE	P/S	Revenue growth	Net margin
BBWBuild-A-Bear Workshop	$293.1M	5.9×	9.6×	0.6×	−1%	10.0%
ELAEnvela	$292.1M	13.1×	17.7×	1.0×	+48%	7.6%
LOVELovesac	$223.4M	12.7×	25.2×	0.3×	+1%	2.6%
SGUStar	$431.5M	4.9×	9.6×	0.2×	+8%	4.6%
BNEDBarnes & Noble Education	$470.4M	21.2×	25.8×	0.3×	+5%	1.3%
WOOFPetco Health & Wellness	$794.3M	24.5×	30.9×	0.1×	−1%	0.5%
WINAWinmark	$995.5M	25.0×	24.6×	10.8×	+9%	45.1%
HZOMarinemax	$1.2B	376×	10.3×	0.5×	−5%	0.2%
SPHSuburban Propane Partners	$1.2B	9.1×	13.1×	0.8×	−2%	9.4%
SVVSavers Value Village	$1.4B	58.6×	53.6×	0.8×	+10%	1.4%
HOURHour Loop	$57.7M	41.0×	46.4×	0.4×	+11%	1.1%
Peer median	$632.4M	22.9×	24.9×	0.5×	+6%	2.0%